Omani Experts: Islamic Banks Need Liquidity Management Tools
Oman's Bank Muscat CEO AbdulRazak Ali Issa, stressed the need of Islamic liquidity management instruments. A…
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Islamic banking
Emirates NBD Islamic Unit To Issue $500 Mln Sukuk In 2012
Emirates NBD's Islamic unit plans to issue more than $500 million sukuk this year and expects to merge with Dubai…
Union of Arab Banks Calls For Establishing A SMEs Development Body
SMEs Development Forum organized by Union of Arab Banks in Cairo called on the Arab governments to support SMEs…
Emirates Islamic Bank Q1 Profit Surges To Dhs138 Mln
Emirates Islamic Bank, one of the leading Islamic financial institutions in the region, announced that its…
9th Annual IFSB Summit Discusses Global Financial Reforms
The 9th Annual Summit of the Islamic Financial Services Board (IFSB) which is scheduled to be held at the Swissotel…
Malaysia’s Zeti Emphasizes Economic Well-being Challenge of Islamic Finance
The advancements the Islamic finance industry has made in the last decade have resulted in wide-ranging new…
United Bank To Offer EGP 90 Mln Islamic Loan To Tawfeek Financial Lease
United Bank approves offering Islamic sharia-compliant finance with value of EGP 90 million to Al Tawfeek Co. for…
Albaraka Turk Opens Branch In Iraq
Albaraka Turk Katilim Bankasi AS (ALBRK), a Turkish Islamic bank, opened a branch in Erbil, northern Iraq and plans…
Qatar Islamic Bank Financial Strength Rating Affirmed On ‘A’; Negative Outlook
Capital Intelligence (CI), the international credit rating agency, announced that it has affirmed Qatar Islamic…
Oman’s Bank Muscat Posts RO33.4 Mln Net Profit In Q1
Bank Muscat announced that its 2012 first-quarter financial results have been approved by the board of…
