Parliament Prepares Islamic Banking Regulations
Egypt’s parliament is drafting amendments to the country’s central bank law, including the creation of an interbank…
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Islamic banking
UAE’s ADIB Launches Islamic Bank In UK
ABU Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced Saturday the expansion…
Qatar’s QIIB Considers Sale Of UK Arm
Qatar International Islamic Bank (QIIB), parent company of Islamic Bank of Britain (IBB), is considering the sale…
UAE’s Noor Islamic Bank Considers To Launch Business In Singapore
Noor Islamic Bank, a lender controlled by Dubai’s government, said it’s seeking business in Singapore and Malaysia…
KSA’s Islamic Development Bank Chooses Banks For Issuing Sukuk
Saudi-based Islamic Development Bank (IDB) picked five banks to arrange roadshows ahead of a potential…
New Malaysia’s Islamic Funding Facility May Attract Gulf Banks
Malaysia's central bank is introducing an Islamic overnight funding facility which could encourage commercial banks…
AUB’s Prosperity Fund Attracts EGP 270 mln Bids
United Bank announced that “Prosperity” fund, the first sharia-compliant cash fund in the Egyptian market, was…
Arab Investment Bank Eyes 20% Increase In Retail Banking Portfolio
Arab Investment Bank plans to increase its retail banking portfolio by 20% in the second half of the current fiscal…
Islamic Banks Have Opportunity To Grow Amid Euro Zone Crisis: Hussain Al Qamzi
The Euro zone crisis, combined with public anger over the excesses of conventional banks, has presented Islamic…
