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Eiger Trading launched the first ever fully-automated, Shariah-compliant 24/7 Commodity Murabaha platform, in conjunction with Gulf International Bank’s (GIB) KSA retail arm, under the ‘Meem’ brand name. This fully-automated Islamic e-banking solution is a world …Read full article » : Wednesday, August 13 - 2014 @ 02:31
The Banker magazine’s “Top 1000 World Banks” survey, reports that Byblos Bank has recorded the highest Tier 1 capital-to-assets ratio of all Lebanese banks for the fifth consecutive year, Byblos Bank’s Tier 1 capital-to-assets ratio …Read full article » : Wednesday, August 13 - 2014 @ 02:24
The FTSE NASDAQ Dubai UAE 20 Index added 0.10 per cent to reach 4,374.15 points on Tuesday, August 12. The shares of DP World closed flat at $20. Emirates REIT lost 1.40 per cent to …Read full article » : Tuesday, August 12 - 2014 @ 18:12
Supporting the Bank’s vision to become the leading financial institution in the Sultanate, HSBC Bank Oman S.A.O.G. recently won the ‘Best Corporate Account’ and ‘Best Treasury Management’ awards in the Banker Middle East Oman Product …Read full article » : Tuesday, August 12 - 2014 @ 15:34
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been oversubscribed by 315%.
Subscriptions worth BD 63 million were received for the BD 20 million …Read full article » : Tuesday, August 12 - 2014 @ 15:10
Faisal Islamic Bank of Egypt, the first Islamic Bank in Egypt, has selected SunGard’s suite of enterprise risk management solutions to help build a new operational framework for improved risk exposure, reporting and Basel compliance.
The …Read full article » : Tuesday, August 12 - 2014 @ 13:29
Bank Sohar, one of Oman’s most dynamic Banks, will be organising a special road show on Thursday the 14th August 2014 at 07:00 pm at the Salalah Gardens Mall. The family oriented event will include …Read full article » : Tuesday, August 12 - 2014 @ 12:58
Abu Dhabi Islamic Bank (ADIB), Commercial Bank of Dubai (CBD) and Dubai Islamic Bank (DIB) have jointly finalised a $425 million Shari’a-compliant financing with Emirates airline for the acquisition of two Airbus A380s.
The three banks …Read full article » : Tuesday, August 12 - 2014 @ 11:47
In a Press Release issued by the Bank yesterday Monday 11th, Mr. Abdul Razak Abdulla Hassan Al Qassim – Chairman of the Board of Directors announced, after the Board approval of the Financial Statements for …Read full article » : Tuesday, August 12 - 2014 @ 10:03
Sheikh Fahad bin Mohammad bin Jabor Al Thani, Chairman of Doha Bank Board of Directors, has been awarded with the “Best Banking Chairman Qatar” award at the Global Banking and Finance Review Awards 2014, The …Read full article » : Tuesday, August 12 - 2014 @ 08:55