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Islamic sukuk, what is with it and what is against it?     Baku to host Caspian Banking and Finance Conference and Showcase     Zain, KFH-Bahrain sign online payment agreement     First sukuk bonds planned for Q1     Takaful International Co. and Hannover ReTakaful Sign Agreement.     Malaysian Government Top 2009 Sukuk Issuer.     Thailand Close to Debut Sukuk Issue.     Adib largest net lender in UAE interbank market     Masraf Al Rayan plans two new branches Masraf Al Rayan will open two more bra     Strong profitability for Saudi-based Al Rajhi Banking & Investment     SIB AGM approves distribution of 5% monetary allotments and 5% shares     Dar Al-Arkan successfully redeems $600m inaugural Sukuk     9th AGM held: Prime Islami Life Insurance approves 30pc dividend     Abyaar: successfully covered 98% of capital increase     Swift launches Islamic message standards     Recovered RM50m to help the poor     No liquidity problems for UAE banks - cenbank chief     Hong Leong raises BLR to 5.8pc     KFH sees earnings flat, targets US and China     Dubai 5-year CDS fall, Nakheel bond rises     Keen on developing Islamic finance     Fitch Rating reflects good cost efficiency of Saudi Hollandi Bank     Saudi-based Bank Aljazira - High probability of authorities support     Banque Saudi Fransi - Stable outlook with strong corporate franchise     Barwa launches its offer to acquire shares of Alaqaria     GBCORP receives Best Islamic Bank in Bahrain award from the Islamic Finance News     TDIC bags ‘Real Estate Deal Of The Year’ award     HSBC Amanah picks up 11 accolades at the Islamic Finance News Awards 2010     Daman Speculator Fund shows steady growth in November
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GBCORP receives Best Islamic Bank in Bahrain award from the Islamic Finance News 09/03/2010
Islamic Banks
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.
KFH sees earnings flat, targets US and China 09/03/2010
Islamic Banks
Kuwait Finance House (KFH), the Gulf state's biggest Islamic lender, expects 2010 earnings to be in line with those in 2009.
SIB AGM approves distribution of 5% monetary allotments and 5% shares 09/03/2010
Islamic Banks
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.
Adib largest net lender in UAE interbank market 09/03/2010
Islamic Banks
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.
Strong profitability for Saudi-based Al Rajhi Banking & Investment 09/03/2010
Islamic Banks
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.
Zain, KFH-Bahrain sign online payment agreement 09/03/2010
Islamic Banks
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.
HSBC Amanah picks up 11 accolades at the Islamic Finance News Awards 2010 09/03/2010
Islamic Banks
HSBC Amanah has collected 11 awards at the Islamic Finance News Awards 2010, which recognise excellence and leadership in Islamic finance.
Barwa launches its offer to acquire shares of Alaqaria 09/03/2010
Islamic Banks
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
No liquidity problems for UAE banks - cenbank chief 09/03/2010
Islamic Banks
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.
Masraf Al Rayan plans two new branches Masraf Al Rayan will open two more bra 09/03/2010
Islamic Banks
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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