Banque Misr’s Car Loans Reaches EGP 200 Mln
Banque Misr’s car finances rose to EGP 200 million at the end of last April and “White Taxi” finances registered…
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Islamic banking
SMEs Portfolio To Represent 30% off AIB’s Loans by 2014
Hany Seif El Nasr, chairman & managing director of Arab Investment Bank, said the Bank’s strategy for…
Banque Misr Injects EGP 500 Mln In Retail Banking Portfolio In 2012
Banque Misr plans to inject EGP 500 million in its retail banking portfolio to register EGP 2.750 billion in the…
NBD & Bank Audi Arrange EGP 688 Mln Loan To Egyptian Company For Phosphate
A consortium of National Bank for Development (NBD) and Bank Audi has finalized signing the second Islamic…
Noor Islamic Bank Arranged $2.2 Bln Syndicated Loan In Turkey
Noor Islamic Bank has completed Islamic market mandates valued at over $2.2bn (Dhs8bn) in the past two years in…
Türkiye Finans Signs $350 Mln Murabaha Syndicated Loan Deal
Türkiye Finans, Turkey’s leading participation bank, has signed the largest murabaha syndicated deal of the…
Sukuk To Replace Foreign Borrowing: Banking Experts
A number of Egyptian bankers affirmed on the importance of approving sukuk (Islamic bond) draft law in the current…
Dubai Islamic Bank To Issue Benchmark Sukuk
Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the United Arab Emirates, is planning to issue a…
Qatar To Set Up An Islamic Bank
The Qatari government plans to set up Islamic bank with a paid-up capital of US$ 1 billion. The government…
CBE Stressed On Not Giving More Islamic Banking Licenses
Gamal Negm, deputy governor of Central Bank of Egypt (CBE), negated what was published in some newspapers that CBE…