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Islamic Banking News

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Dubai Bank Named Best Islamic Bank' by Ethos 24 Nov 2009 19:35 GMT
... DUBAI � Dubai Bank announced on Tuesday that it has two awards from Ethos Consultancy, based on that ...
Liquidity management to boost Islamic finance role 24 Nov 2009 18:36 GMT
... THE Islamic Financial Services Board (IFSB), in collaboration with the ... the books of financial institutions. Zeti sai Islamic banking had evolved into a vibrant financial system ...
Work together to avert crisis situations, central banks urged 24 Nov 2009 18:36 GMT
... THE world's central banks and supervisory authorities must coordinate and ... a unit of HSBC, assets held by Islamic banks or syariah banking arms of conventional banks have ...
Liquidity management of Islamic finance is important -- Malaysian official 24 Nov 2009 18:22 GMT
... KUALA LUMPUR, Nov 24 (KUNA) -- The Governor of ... the Governor added. The Governor said the Islamic banking system today has emerged as a vibrant ...
Islamic banking thrive in Lebanon 24 Nov 2009 18:22 GMT
... (with photos) BEIRUT, Nov 24 (KUNA) -- Islamic banks are thriving in Lebanon after proving efficiency ... of Lebanon (BDL), Director General of the Islamic bank Al-Baraka Mutasim Mihmisani told KUNA. The law ... Mihmisani told KUNA. The law concerned with Islamic banking was issued in 2004, he said, adding ...

Islamic banks should target female market - report 24 Nov 2009 15:21 GMT
... ...
Malaysian bank governor stresses strong liquidity management 24 Nov 2009 15:21 GMT
... Islamic financial institutions need to address their ability to ... December 1973. Touching on the development of Islamic banking in Malaysia, Zeti said the system had ...
New Qatar National Bank and Qatar Telecom partnership makes life easier for customers 24 Nov 2009 12:50 GMT
... to request more information from Qatar Telecom (Q-Tel) About Qtel: ... Retail, Corporate, Investment, Treasury, Wealth Management, and Islamic Banking products and services for individuals, corporate institutions ...
Malaysia, UK Islamic banks ink wakala pact 24 Nov 2009 10:37 GMT
... Malaysian and UK Islamic banks signed off on a standardised wakala deposit ... and corporate wakala deposit placements, said an Islamic banking body. “Besides cost and resource savings, the ... wants to place surplus funds with an Islamic bank will appoint the bank as its buying ...
Islamic banks standardise on wakala agreement 24 Nov 2009 09:24 GMT
... Malaysian and UK Islamic banks signed off on a standardised wakala deposit ... and corporate wakala deposit placements, said an Islamic banking body. “Besides cost and resource savings, the ... wants to place surplus funds with an Islamic bank will appoint the bank as its buying ...

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Islamic banks launch standard wakala agreement, eye uniformity 24 Nov 2009 09:18 GMT
... Nov 24 (Reuters) - Malaysian and UK Islamic banks signed off on a standardised wakala deposit ... and corporate wakala deposit placements, said an Islamic banking body. 'Besides cost and resource savings, the ... wants to place surplus funds with an Islamic bank will appoint the bank as its buying ...
Emirates NBD solidify its long standing support to Dubai Police 24 Nov 2009 08:58 GMT
... to request more information from Emirates NBD About Emirates NBD ... of corporate loans. It also has strong Islamic banking, investment banking, private banking, asset management and ...
Moody's assigns ratings to Emirates NBD, ratings on review 24 Nov 2009 08:45 GMT
... Paper, local and foreign currency senior and subordinated debt, as well as on Emirates Islamic Bank Sukuk Certificates guaranteed by EBI will eventually be transferred to Emirates NBD. Emirates NBD has ...
Zeti: Liquidity management infrastructure needed for Islamic finance 24 Nov 2009 07:52 GMT
... Published: Tuesday November 24, 2009 MYT 3:12:00 PM Zeti: ... community," Zeti added. The Governor said the Islamic banking system today has emerged as a vibrant ...
Dubai Bank named best Islamic bank 24 Nov 2009 07:51 GMT
... ...
AIBIM Launches Standard Wakalah Placement Agreement 24 Nov 2009 07:50 GMT
... KUALA LUMPUR, Nov 24 (Bernama) -- The Association of Islamic Banking Institutions Malaysia (AIBIM) has launched the standard Wakalah Placement Agreement (WPA). The move is ...
Moody's assigns ratings to Emirates NBD PJSC, ratings on review 24 Nov 2009 07:32 GMT
... Paper, local and foreign currency senior and subordinated debt, as well as on Emirates Islamic Bank Sukuk Certificates guaranteed by EBI will eventually be transferred to Emirates NBD. Emirates NBD has ...
Al-Omar: KFH-Turkey aims to establish partnership with Turkey, Europe, GCC 24 Nov 2009 07:10 GMT
... Kuwait Turkish received the licence from the Dubai Financial ... after its landmark steps included the first Islamic banking branch licence in Germany and the establishment ...
Malaysia to play major role in Islamic banking 24 Nov 2009 07:10 GMT
... ...
Tackle Islamic liquidity management: Zeti 24 Nov 2009 06:47 GMT
... THE ability of Islamic financial institutions to manage liquidity needs ... community," Zeti added. The Governor said the Islamic banking system today has emerged as a vibrant ...

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KFH-Turkey gets Islamic bank license in Dubai 24 Nov 2009 06:02 GMT
... Tuesday, November 24 - 2009 at 09:03 UAE local time (GMT+4) Replication or redistribution in whole ...
Islamic industry board sets new financial standards 24 Nov 2009 03:53 GMT
... KUALA LUMPUR, Nov 24 - The Islamic Financial Services ... the Kuala Lumpur-based board's standards is voluntary. Islamic banks are governed by the regulatory authorities in their ...
BIMB rises on Unicorn news 24 Nov 2009 03:06 GMT
... BIMB Holdings Bhd rose to its highest level in ... may acquire a stake in its Malaysian Islamic banking unit. The stock rose 1.6 per cent ...
Morocco - Drop in foreign farm investment 24 Nov 2009 01:01 GMT
... Sudan and Western Asia," said Ali Hamid al-Missifri, first executive manager at Qatar International Islamic Bank. "I think there's now an opportunity to go to Morocco -- it's a very important ...
QE breaches QR230bn barrier 23 Nov 2009 23:55 GMT
... Dlala Brokerage and Qatar Insurance and Reinsurance Company, while the gainers included Qatar International Islamic Bank and Medicare Group, among others. ...