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The Islamic Bank of Asia Taps into GCC’s Double Digit Growth

The Islamic Bank of Asia (IB Asia) is poised ... on GCC investors The Islamic Bank of Asia (IB Asia) is poised to capitalize on the predicted double ... Abdulla Al-Bassam, Chairman of the Bahrain Islamic Bank. In less than a year, IB Asia – regarded ...

17/05/2010 - 20:28 - comment 0

The Islamic Bank of Asia taps into GCC’s double digit growth

The Islamic Bank of Asia (IB Asia) is poised ... launch its first office at the Bahrain Financial The Islamic Bank of Asia (IB ... the two leading global Islamic banking hubs.   IB Asia’s strength and expertise are further ...

15/08/2010 - 01:09 - comment 0

Shahinaz prepares for big concert

and new songs, in addition to songs from her latest album “Al Sa’ib Hai’adi” (The hard times ... Shahinaz’s return to the music scene after a prolonged absence. After the singer wore the Islamic headdress ... and new songs, in addition to songs from her latest album “Al Sa’ib Hai’adi” (The hard times will pass), ...

30/10/2011 - 04:48 - comment 0

ADIB named Best Islamic Bank for the second consecutive year

Abu Dhabi Islamic Bank announced today that it had won the Best Islamic Bank and its CEO Tirad Mahmoud had won the Islamic Banker of the Year. Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced today ...

Press Release - 18/12/2011 - 08:15 - comment 0

Global Investment House – Kuwait – UAE Islamic Banking Sector Report

With the inclusion of more Islamic banks (IB) into the system coupled with improving profitability of the existing ... Global Investment House – Kuwait –  UAE Islamic Banking Sector Report – The UAE economy continued ... with the regulatory capital adequacy ratio (CAR) at 14.4% at the end of 2007. Islamic banks have become ...

17/05/2010 - 20:20 - comment 0

National Bank of Fujairah establishes equipment finance unit

of Corporate & Institutional Banking (C&IB), says that the new unit’s formation is consistent ... on behalf of its clients; C&IB, for instance, comprises units dedicated to specialised sectors from ... efforts at enhancing its service suite include NBF Islamic, a Shariah-banking proposition ...

Press Release - 13/10/2014 - 09:40 - comment 0

Path Solutions builds on longstanding success by winning Sheikh Mohammed Bin Rashid Al Maktoum Award

leader in the provision of Islamic banking software, is pleased to announce that it has been awarded ... to the Islamic Finance Industry". The award was presented to Path Solutions' Head of Corporate Communications & Marketing Rosie Kmeid, during the International Islamic Finance Forum 2010 Awards Ceremony ...

02/06/2010 - 08:07 - comment 0

Bahrain's banking sector profits more than doubled in 2003

million in 2002. Profits of Islamic IBs rose 23 percent to $80.3 million in 2003, from $65.3 million in 2002. Total assets, including restricted investment accounts, of Islamic IBs stood at $2.7 billion ... and offshore banks, both conventional and Islamic, posted net profits totaling $714.8 million for 2003, ...

15/08/2010 - 12:17 - comment 0

Iraq militias raise security fears

to combat advancing Islamic State of Iraq and Syria (ISIS) fighters. The jihadist group continues ... be easier said than done. “Iraq is seeking to use the Badr Organization, Asa’ib Ahl Al-Haq and battalions ...

11/10/2014 - 11:00 - comment 0

UAE Banks Are the Most Efficient in GCC

with conventional products. The growth of real assets and real loans of Islamic banks (IB) was larger than ... with the rest of the GCC banks, whether conventional or Islamic. The exceptions are Kuwait and Oman ... UAE versus GCC Islamic banksIn the UAE, the Islamic banks have taken away a significant share of real ...

17/05/2010 - 20:48 - comment 0