Abu Dhabi Islamic Bank Opens First Branch In London
Abu Dhabi Islamic Bank, the second-largest Islamic lender in the United Arab Emirates (UAE), opened its first…
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Islamic banking
IFSB Launches Plan To Enhance Stability Of Islamic Finance Industry
The 9th Annual Summit of the Islamic Financial Services Board (IFSB), was held in Istanbul, Turkey from 16 to 17…
UAE’s Noor Islamic Bank Launches Two Investment Products With 100% Capital Protection
Noor Islamic Bank, an Islamic bank in the United Arab Emirates, has launched two unique structured wealth…
NBD, Audi Arrange EGP 688 Mln Loan for Egyptian Company For Potash
The National Bank for Development (NBD) and Bank Audi have announced that they won their bid to act as a joint lead…
Egypt’s Economy Will Never be Islamized: Hala El Saeed
Dr. Hala El Saeed, professor at Faculty of Economics and Political Science, ruled out Islamizing Egypt’s economy…
HSBC Qatar Launches Mena Bonds, Sukuk Platform
HSBC has launched “Mena bonds and sukuks platform” offering relatively easy access for the bank’s retail customers…
Demand On Sukuk Rises Despite Greek Exit Fears
While the Euro zone crisis has been weighing on investors' sentiment and on global economic prospects, the issuance…
Omani Bank Nizwa’s IPO 11.3 Times Oversubscribed
Omani lender Bank Nizwa, the sultanate's first Islamic bank, attracted 681 million rials ($1.77 billion) of bids in…
Bahrain’s GIB Sets Up 3.5 Bln Ringgit Sukuk Program
Bahrain's Gulf International Bank has set up a 3.5 billion Malaysian ringgit ($1.11 billion) program for potential…
National Bank of Oman To Offer Islamic Banking Services
National Bank of Oman (NBO), the first local bank in the country, said that it is well…