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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
Tamkeen extends agreement with Bahrain Islamic Bank to finance enterprises
Tamkeen signed an agreement with the Bahrain Islamic Bank (BiSB) under which it will add BD10 million... [Read More]
February 18, 2012
HSBC Saudi Arabia launches Amanah Sukuk Fund
HSBC Saudi Arabia has launched its new HSBC Amanah Sukuk Fund. The open-end Shariah compliant fund aims... [Read More]
February 18, 2012
Al Hilal Bank’s first Global Sukuk Fund caters to high demand for low-risk Shariah-compliant investment
Al Hilal Bank announced the launch of its first sukuk fund, the Al Hilal Global Sukuk Fund. The new offering... [Read More]
February 18, 2012
