SAIB Opens Its First Islamic Branch In Cairo On Morsi’s Win
Societe Arabe Internationale De Banque (SAIB), has secured approval from the Central Bank of Egypt to open its…
Browsing Tag
Islamic banking
Bank Muscat To Sell New Shares At 25% Discount
Bank Muscat, Oman's largest lender, is planning to offer new shares to existing holders at a 25 percent discount…
Banque Misr Awaits CBE’s Approval To Offer Ijara Services
Banque Misr has submitted a request to the Central Bank of Egypt in order to conduct Ijara (Islamic lease)…
Omani Bank Nizwa Fails To Elect Board
Oman's Bank Nizwa, a newly-formed Islamic lender which sold shares to the public in June, failed to elect a new…
Saudi Islamic Finance Assets Valued At US$ 94 Bln: Deloitte Report
Saudi Arabia is one of the main contributors to the Islamic Finance industry, with an estimated $94 billion in…
Al Baraka Islamic Bank’s FSR Rating Affirmed At ‘BB’
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Bahrain-based Al…
Qatar’s Barwa Bank Acts As Joint Lead Manager In IDB’s Sukuk Issuance
Qatari lender Barwa Bank has said its involvement in the $800 million five-year sukuk for Saudi-based Islamic…
Saudi Islamic Development Bank Prices US$ 800 Mln Sukuk
Saudi-based Islamic Development Bank (IDB) priced an US$800 million five-year sharia-compliant bond, or sukuk, on…
NBD Starts Marketing The US$ 120 Mln Loan For East Delta
The National Bank for Development (NBD) has started the marketing campaign for the US$ 120 million loan offered to…
Central Bank Of Oman Provides Staff With Islamic Finance Training
As part of major preparations for the launch of Islamic financial services in the Sultanate of Oman, the Central…