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Bahrain-based regional Islamic investment institution Venture Capital Bank bounced back into the black in the first quarter of the year |
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The Islamic Development Bank is seeking partners to bring investment in a Shariah-compliant megabank to more than $1bn before the opening this year, allowing it to finance larger construction projects |
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The Islamic Bank of Thailand has asked a group of banks to submit proposals for a baht-denominated sukuk by this Friday |
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Kuwait Finance House - Bahrain (KFH-Bahrain) has expanded its network by adding two new ATMs in Muharraq |
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Dubai Islamic Bank (DIB), the largest sharia-compliant lender in the emirate, is planning to issue a benchmark-sized, dollar-denominated Islamic bond, or sukuk, lead arranging banks said |
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Abu Dhabi Islamic Bank (ADIB) posted a net profit of Dhs307.3m for Q1 2012. Despite the continued challenging market conditions, and an increasing number of regulations, the performance from the main banking business remained strong as the Bank’s net profit grew by 5.8% to Dhs360.4m from Dhs340.6m for Q1 2011 |
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Sharjah Islamic Bank (SIB) announced the appointment of 45 UAE nationals in the differennt branches and departments of SIB, during an open-day held at SIB's headquarters under the patronage and presence of HE Tariq bin Khadim, Chairman of the Directorate of Human Resources in Sharjah and HE Mohammed Abdullah, CEO of Sharjah Islamic Bank. |
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A function was organised by QIIB (International Islamic) in honour of its Deputy CEO Mohsen Mustafa, who retired from the bank service recently |
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Masraf Al Rayan has appointed Ahmed Swaleh Abdi Sheikh as its chief operating officer (COO) subject to Qatar Central Bank’s approval |
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The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that its total operating income increased by 21% and net operating income by 16% in the first quarter of 2012 compared to the same period of 2011 |
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