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Global Banking Corporation [GBCORP] was recently honored with the 'Best Islamic Bank' in Bahrain award, from Islamic Finance News in Malaysia, a specialized Islamic finance magazine. |
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Kuwait Finance House (KFH), the Gulf state's biggest Islamic lender, expects 2010 earnings to be in line with those in 2009. |
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Sharjah, 8 March 2010, Sharjah Islamic Bank (SIB) held its 34th Annual General Meeting (AGM) on 8 March 2010 at the Sharjah Chamber of Commerce and Industry. |
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Abu Dhabi Islamic Bank (Adib), the oldest and the only listed Islamic bank from the capital, claims to be the largest net financier in the UAE's interbank market. |
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The affirmation of the Individual Rating reflects Al Rajhi's large domestic franchise, wide margins and strong profitability, whilst also considering some deterioration in asset quality and some name concentration within the corporate portfolio in line with other Saudi banks. |
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Zain Bahrain recently signed an agreement with Kuwait Finance House - Bahrain (KFH-Bahrain) to provide Zain customers who have a KFH - Bahrain account the opportunity to use online facilities to pay their Zain accounts. |
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HSBC Amanah has collected 11 awards at the Islamic Finance News Awards 2010, which recognise excellence and leadership in Islamic finance. |
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Barwa Real Estate Company Q.S.C. (Barwa) and Qatar Real Estate Investment Company Q.S.C. (Alaqaria) 9, March, 2010 announced that, following the companies' joint announcement on 4 March 2010 of the full terms of their proposed combination (the "Proposed Transaction"), the formal offer document (the "Offer Document") relating to the offer by Barwa to acquire the share capital of Alaqaria in exchange for shar |
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Banks in the UAE enjoy high liquidity and are not in any need of additional support, said the Governor of the UAE Central Bank 7, March, 2010. Infact, they do not face any liquidity problems at all, he added. |
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Masraf Al Rayan will open two more branches in Doha within two months as part of the Qatar-based bank’s expansion programme. |
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