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Union of Arab Banks (UAB) is close to finalising a plan to facilitate Islamic banks to approach Central Banks for liquidity support, said to a top UAB official. |
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The Securities Commission Malaysia (SC) and the Oxford Centre for Islamic Studies (OCIS) have teamed up to create an international platform for debate, dialogue and study on contemporary issues and challenges faced in Islamic finance. |
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The ratings of Bahrain Islamic Bank, as per Anouar Hassoune, the Lead Analyst, Moody's Investors Services, remain unchanged with Baa1 long-term and Prime-2 short-term local and foreign currency issuer ratings and a D+ bank financial strength rating (BFSR). |
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EONCAP Islamic Bank Bhd, a unit of EON Bank Bhd, aims to increase its asset contribution to the group to 20% in three years by launching more syariah-compliant products. |
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Abu Dhabi Islamic Bank (ADIB), one of the leading Islamic banks in the region, has announced the launch of its new branch at Al-Bawadi Mall in Al-Ain region. |
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Al Rajhi Capital, the investment arm of Al Rajhi Bank, has signed a distribution agreement with Derayah Financial. According to this agreement, Derayah will make Al Rajhi Capital's Shariah-compliant mutual funds available to individual investors through its website. |
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PT Bank Muamalat Indonesia expects its Malaysian operation to double its corporate customer base by year-end from 20 currently, its Kuala Lumpur branch general manager Afrid Wibisono said on 11th March 2010. |
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Takaful Ikhlas Sdn Bhd, which offers takaful products and services, recently organised a course on Islamic finance for civil servants. |
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Investment Dar. Co., the Kuwait- based owner of half of Aston Martin Lagonda Ltd., started a process of legal protection under the country’s Financial Stability Law to implement a restructuring plan. |
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Khazanah Nasional Bhd has successfully completed the divestment of a total 85.15 million ordinary shares in Malaysia Airports Holdings Bhd (MAHB) representing about 7.74 percent of the issued and paid-up capital in airport operator. |
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