Islamic Banking: Growing Fast But Can It Be More Than A Niche Market?
For years, Islamic banks have been growing at a double digit pace. Ernst and Young (E&Y), in their latest World Islamic Banking Competitiveness …
Finance
Noor Bank, 2 Others Arrange USD155m Loan For Jafz Firm
Islamic facility was arrange for a reputed oil services company
Dubai’s Noor Bank , Qatar Islamic Bank ( QIB ) and Kuwait’s Warba Bank , …
Yemen Curbs Travel, Recruitment In Austerity Drive
Yemen’s president has ordered a raft of austerity steps, including a review of state-owned companies’ viability and curbs on foreign …
Islamic Banking Moves Forward in Morocco
Moroccan lawmakers just approved a banking bill that provides for the creation of Islamic banks.According to Minister-Delegate for the Budget Driss …
Malaysia En-Route To Establishing World’s First Islamic Megabank
MALAYSIA: Malaysia’s industry heavyweights CIMB Group, RHB Capital and Malaysia Building Society (MBSB) have thrown their hats into the ring after …
Emirates Islamic Offers Special Exchange Rates On Currencies For Summer Travel Season
Promotion focused on providing best exchange rates on currencies of major travel destinations
•Umrah and Haj travellers to benefit from discounted …
Kenya Looks To Tap UAE Market
Kenyan Consul General meets Expo Centre CEO
Explore ways to strengthen trade ties
Sharjah, 13th July 2014: Amid rising bilateral trade with the UAE, …
Saudi Arabia’s Insurance Sector Set For Consolidation
•Changes in the mortgage market bode well for the insurance industry
• Kingdom’s IPO market set to pick up in 2014
JEDDAH – Saudi Arabia’s crowded …
Saudi British Bank Reports Q2 Profits Up 15.19 Per Cent
The Saudi British Bank (SABB) reported robust financial results for the second quarter of 2014, showcasing a net profit of SAR 1,157.23 million. This …
Omani Official Drives Trade and Tourism Growth in Taiwan
Despite being the sole Omani representative in Taiwan, Sulaiman Bin Sultan Al Mughairy, the director of the Commercial Office of the Sultanate of …
The Saudi Investment Bank, An Islamic Bank Q2 profits up 10 per cent at SAR 352.9 million
The Saudi Investment Bank, An Islamic Bank reports quarterly profits up from SAR 320.4 million a year ago and up 4.56 per cent from SAR 337.5 million …
IFSB Secretary General Outlines The Challenges Facing Sukuk
In his Keynote Address at the 2014 London Sukuk Summit, at the Jumeirah Carlton Tower on 18 June, Jaseem Ahmed, Secretary-General, Islamic Financial …
Islamic Banks Miss Out On SME Business Opportunity Across MENA
Recently published research by the World Bank’s International Finance Corporation (IFC) suggests there is a huge demand for Islamic products by SMEs …