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Is Oman's Development Bank converting to Islam?

an Islamic bank but is likely instead to opt for an Islamic window, said Hamed bin Salim Al Harthy, assistant general manager for branches at ODB. "The bank will not move toward becoming a full Islamic bank ... in the six-member Gulf Cooperation Council to adopt Islamic finance, issuing regulations for the sector . ...

22/08/2013 - 16:01 - comment 0

Council for Islamic Finance Houses to be Set up in Bahrain

A Bahrain-based General Council for Islamic Financial ... Islamic Bank managing director, Abdul Latif Janahi.   The bank is a member of the council, which already has more than 60 members, the paper said.  “The council’s chairman will be Islamic banking ...

18/05/2010 - 19:37 - comment 0

Sharjah Islamic Bank wins Human Resources Development Award 2012

Member of the Supreme Council and Ruler of Sharjah, honoured Sharjah Islamic Bank ... of Sharjah, honoured Sharjah Islamic Bank, yesterday (Wednesday) morning, on the occasion of the announcement of Sharjah Islamic Bank as the winner in the Human Resources category of the Human Resources Development ...

Press Release - 20/02/2013 - 11:47 - comment 0

The seven pillars of Dubai's Islamic banking

as the centre for Islamic banking and finance. Dubai has an extensive experience in Islamic banking and finance, as well as Sukuk (Islamic bonds), and it also has a large number of banking and financial institutions. ... and operations, according to Issa Kazim, Secretary General of Supreme Committee of Islamic Economy and Managing ...

08/10/2013 - 14:12 - comment 0

Sharjah Islamic Bank signs MoU with Directorate of Human Resources in Sharjah

a memorandum of understanding between Sharjah Islamic Bank and the Directorate of Human Resources in Sharjah ... Sharjah Islamic Bank and the Directorate of Human Resources in Sharjah on Sunday, 1st of April 2012. ... The agreement is also part of Sharjah Islamic Bank’s belief, as one of the most important banks ...

Press Release - 02/04/2012 - 12:14 - comment 0

Dubai's Islamic Development Bank to release $37 billion in sukkuks on Nasdaq

Development Bank move to list Dh37b sukuk on Nasdaq Dubai gives fillip to Islamic economy hub drive.  The Islamic Development Bank (IDB) has announced that it intends to list Dh37 billion sukuk programme ... Finance, Main headlines, UAE) The Islamic Development Bank move to list Dh37b sukuk on Nasdaq Dubai ...

03/11/2013 - 10:59 - comment 0

Dubai Islamic Bank approves12.5 per cent cash dividend at Annual General Meeting

the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced that the assembly has ... Dubai Islamic Bank announced that the assembly has ... of the Central Bank of the U.A.E. Following the conclusion of its Annual General ...

Press Release - 21/03/2012 - 08:00 - comment 0

GCC: Total financial assets of Islamic Banks valued

the Secretary-General of the General Council for Islamic Banks and Financial Institutions (GCIBFI), estimated at $250 billion the total financial assets value of the Islamic banks and companies, excluding the Islamic investment funds. According to him, the financial assets value of the Islamic banks and companies ...

15/08/2010 - 10:12 - comment 0

The holy Month of Ramadan is a time for clever marketing in UAE banks and in the Islamic banks in general

Shari'ah- compliant banks a golden opportunity to demonstrate Islamic values, and consumers the best chance ... Shari'ah- compliant banks a golden opportunity to demonstrate Islamic values, and consumers the best chance of getting a good deal on a car. During the Holy Month of Ramadan, Islamic banks traditionally re-focus ...

08/08/2011 - 07:51 - comment 1

Are Islamic finance's non-Muslim adherents 'pushing the limits'?

bond programmes from a trio of big conventional banks are set to expand the boundaries of Islamic ... industry purists.Since June, France's Societe Generale, Bank of Tokyo-Mitsubishi UFJ (BTMU) ... banking practices - interest payments, and to some degree monetary speculation - which Islamic principles ...

15/09/2014 - 15:19 - comment 0