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Dubai Islamic Bank Pakistan Limited (DIBPL) – a subsidiary of Dubai Islamic Bank UAE, The world’s first Islamic bank, has been nominated by the ministry of religious affairs, government of Pakistan to facilitate its Haj scheme, a statement said on Saturday |
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Khaleeji Commercial Bank (KHCB), a leading Bahrain-based Islamic retail bank, has arranged a financing deal with Meydan Group worth $40 million for the group's general working capital requirements |
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Abdullah A. M. Al-Khodari Sons Company announces the signing of Islamic Credit Facilities Agreement with SAUDI INVESTMENT BANK [SAIB] on 19th April 2012 in the amount of SAR 170 million |
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First Finance Company ( FFC ), a member of Barwa Bank Group has formed a strategic partnership with General Takaful, a major player in the Family Takaful segment |
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Kuwait, 15 April, 2012 - Standard Chartered announced today that it has signed two agreements with Warba Bank to facilitate their transactions in Asia. |
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Emirates Islamic Bank (EIB) and Dubai Bank, two Islamic banking subsidiaries of Emirates NBD, announced yesterday that they have finalised the appointment of the unified top management team and the establishment of a unified executive committee that will manage both banks. |
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Kuwait Finance House (KFH) has said it is to shuffle its top management and work with advisors to sell, merge or restructure unprofitable subsidiaries |
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Egyptian group EFG Hermes and Qatari Islamic investment bank QInvest are in talks about a possible merger of some operations to create an investment bank |
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Dubai Standard Chartered Bank and Noor Islamic Bank announced yesterday that they have acted jointly as initial mandate lead arrangers and structuring banks for a five-year $175 million |
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Al Ansari Exchange, the UAE's exchange house network that provides worldwide remittance and foreign exchange services, has announced a new partnership with Islamic Finance House (IFH) across its branches whereby IFH will issue labour guarantees for companies. |
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Bahrain-based Islamic investment bank Capivest has concluded a deal worth more than $30 million with Cemena Holding Company and now owns nine per cent of Naseej, the real estate and infrastructure development company |
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The Employees Provident Fund (EPF) plans to increase holdings of global Islamic bonds to US$3bil by 2013 from US$1.7bil, chief executive officer Azlan Zainol said |
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International Real Estate Department Manager at Kuwait Finance House (KFH) Ali Al-Ghannam, said that KFH is currently considering a group of real estate opportunities in global markets |
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Abu Dhabi Islamic Bank (ADIB) has signed an agreement with the American University of Sharjah (AUS) to establish the ADIB Scholarship Fund with an endowment of Dh5 million ($1.36 million. |
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KFH Malaysia sign MoU on Takaful marketing |
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Baytik Industrial Oasis has signed a tenant agreement with BFG International. |
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Sharjah Executive Council (SEC) on Thursday discussed housing grant allocated to Emiratis in Sharjah. |
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JEDDAH: Turkish Economy Minister Zafer Caglayan has called for strengthening economic and trade relations among the 57-member Organization of Islamic Cooperation (OIC) countries |
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International Islamic (QIIB) chairman and managing director Sheikh Dr Khalid bin Thani al-Thani, also vice chairman of the Qatari Businessmen Association, met Morocco’s new Prime Minister Abdelilah Benkirane and discussed the prospects of setting up an Islamic bank and an insurance company in the North African country |
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Oman International Bank (OIB) is in the early stages of talks on a merger with British bank HSBC Holdings' operations in Oman, said its chairman. |
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