Forum to probe Islamic investment opportunities
More than 550 delegates from over 80 countries have registered for the first Global Islamic Investment Gateway event to be…
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Middle East investment bank fees reach six-year high in 2014
Fees rose to $1.1 billion, the most since 2008, from $954 million in 2013, according to data compiled by New…
Entrepreneur Accounts from BankDhofar to Change the Face of SME Finance in Oman
Following the symposium to assess implementation of Saih Al Shamikhat decisions, which took place at Sultan Qaboos University recently, BankDhofar…
Main sources for development of Islamic Financing in CIS announced
The International Bank of Azerbaijan OJSC, which lays the foundation for turning Baku into the regional Islamic Financing Center for…
New solvency standards among updated regulations for UAE traditional and Islamic insurers
Detailed new rules published by the regulator will apply to both traditional and Islamic 'takaful' insurers. They cover technical provisions,…
Gulf International Bank appoints new MD/CEO in London
Gulf International Bank (GIB) has appointed Mark Watts, as managing director and chief executive officer of Gulf International Bank (UK)…
Doha Bank Introduces Debit Card Acceptance for Mobile Commerce
Doha Bank has once again demonstrated its leadership in payments innovation by introducing the option of making payments on mobile…
Doha Bank wins quality award from JPMorgan
JPMorgan has awarded Doha Bank with its ‘JPMorgan Quality Recognition Award’ for 2014. Since 1997, the awards have been acknowledging…
Turkey seizes bank linked to Erdogan arch foe Fethullah Gulen
Turkey's opposition on Wednesday denounced as a scandal the seizure of an Islamic bank allied to US-based preacher Fethullah Gulen,…
Bahrain plans Islamic finance sector watchdog
The Central Bank of Bahrain (CBB) is drafting legal documentation to set up a sharia board of scholars that would…
Bahrain banks' assets increase five per cent
Total assets of 34 Bahrain-domiciled banks are estimated to have grown five per cent last year, suggesting the start of…
Khaleeji Commercial Bank returns to profitability
Bahrain’s Khaleeji Commercial Bank (KHCB), an Islamic retail bank, announced its financial results for the year ended 31 December 2014…