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Mega Islamic bank may be launched in 2012

A long-awaited mega Islamic bank to be headquartered in Bahrain may be launched this year and $600 million... [Read More]

Yesterday
Warba Bank exceeds standard Kuwaitization level

Kuwaitization at Warba Bank had crossed 62% in a very short span of time, said Anas Yousef Al Ateeqi,... [Read More]

February 21, 2012
Al Hilal Bank unveils Middle East’s first-ever ‘Money Station’ bank branch

Al Hilal Bank, a progressive Islamic bank, has launched the Middle East's first 'Money Station' branch... [Read More]

February 20, 2012
OAB to raise Islamic banking capital through a rights issue

Oman Arab Bank (OAB) will raise the RO10mn it needs for its Islamic banking operations through a rights... [Read More]

February 20, 2012
Almarai to issue sukuk

Almarai Co, the Gulf's biggest dairy firm by market value, plans to start a road show this week to issue... [Read More]

February 20, 2012
Al Hilal Bank unveils first sukuk fund

Al Hilal Bank has announced the launch of its first sukuk fund -- the Al Hilal Global Sukuk Fund -- reaffirming... [Read More]

February 19, 2012
EIB offers opportunity to win up to AED180,000 against new salary transfer account

Emirates Islamic Bank (EIB), one of the leading Islamic financial institutions in the region, announced... [Read More]

February 18, 2012
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