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 Islamic commercial banks

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Tue. October 14, 2008

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Abdullah Al Hamli, Dubai Islamic Bank CEO, said, "This rapid and significant action by the Government will further ensure that our banking and financial ...
Dubai Islamic Bank PJSC, the UAE's biggest bank complying with Muslim banking rules, extended Monday's surge. National Bank of Abu Dhabi PJSC climbed the ...
Locate In Birmingham, the city's inward investment service, is working with the Birmingham-based Islamic Bank of Britain, the West Midlands Business Council ...
Islamic banks in the Gulf Co-operation Council countries - which have been barely bruised by the global credit crisis - could be badly hit by the falling ...

By Y-Sing Liau - Analysis Singapore (Reuters) - Islamic banks have been barely bruised by the global credit crisis so far, but the worst is yet to come as ...
... limiting their exposure to the global crisis. He said that Islamic banks had no exposure at all. (Reporting by Lin Noueihed, Editing by Thomas Atkins)
As the largest shareholder of AFB, Qatar Islamic Bank (QIB)Qatar Islamic Bank (QIB), is currently the second among the world's five Islamic banks, ...
By GEOFFREY BEW A LACK of transparency about the impact of the global credit crunch in Bahrain could have disastrous consequences for the country's economy, ...
As Iran's economy suffers from inflation and falling oil prices, the government's effort to increase revenue with a value-added tax on many items and more ...
In contrast, guaranteeing of deposits has traditionally been the problem area for Western central banks authorizing Islamic banks. ...
Doha - Qatar Islamic Bank yesterday launched its Internet banking service and is currently available to all QIB customers and will soon be accessible to ...
(MENAFN - Arab News) The 56-member Jeddah-based Islamic Development Bank (IDB) has invited Islamic banks for an urgent meeting at its headquarters next ...
QNB Al Islami launched a new product under the name of 'Vehicle Lease' in Qatar, thereby being the first Islamic bank in Qatar to offer it. ...
... Group (a Dubai Holdings company) and run the back office of Noor Islamic Bank, which is slated to become one of the world's largest Islamic banks. ...
Complementing last year's analysis of the performance of Islamic banks, this groundbreaking original research project will also pose critical questions on ...
Complementing last year's analysis of the performance of Islamic banks, this groundbreaking original research project will also pose critical questions on ...
... represented 19.5% of the total value traded, followed by Qatar Islamic Bank (15.4%), Nakilat (10.4%), Masraf Al Rayan (8.04%) and Doha Bank (7.07%). ...
... Badr Al Islami, Emirates Islamic Bank, Mashreq Bank, Abudhabi Commercial Bank, Dubai Islamic Bank, Amlak finance and Noor Islamic Bank. ...
Justice, partnership and opposition to excessive risk are the main principles guiding Islamic banks. Outright speculation and dealing with any party that ...
Basri was alleged to have used some of the money to invest in CIMB Islamic Bank's Restricted Mudharabah Structured Investment Scheme; to pay for the deposit ...
Despite the recent global financial turmoil caused by credit crunch, investor confidence remains guardedly positive, announced Noor Islamic Bank. ...
Mrs Patareeya, speaking from a roadshow in Dubai, said Middle Eastern investors such as Dubai International Capital and the Islamic Bank of Dubai were ...
Basri was alleged to have use some of such money to invest in CIMB Islamic Bank's Restricted Mudharabah Sructured Investment Scheme; to pay the deposit in ...
Qatar Islamic Bank and HSBC in Doha have sent out text messages to customers warning them to change their PIN numbers, officials confirmed. ...
Indeed, all of the commercial and Islamic banks regulated and supervised by BNM are member institutions of PIDM. There are currently 36 member banks, ...
Dubai, October 8, 2008: Dubai Islamic Bank (DIB) in cooperation with the UAE Institute of Training and Judicial Studies has organised a five-day ...
The fraudsters have copied PIN codes and withdrawn cash," said Abdul Rahman Al Zaid, in-charge of corporate banking at Qatar Islamic Bank. ...
Four shares out of 40 traded dominated 58% of the total trading including Naqilat, Al Rayyan, Islamic Bank and Industries Qatar. ...
Under the strict rules of sharia law, the charging or paying of interest is prohibited, leaving many Islamic banks unscathed by the credit crisis - and ...
Since then, five more full-fledged private Islamic banks and 20 Islamic banking branches of conventional banks have been established. ...
Private Islamic banks such as the Dubai Islamic Bank (DIB) in 1975, the Kuwait finance House [KFH] in 1977 and the Faisal Islamic Bank of Egypt in 1979 were ...
The AED 153M Ijara financing is the second facility for JANAYEN with Noor Islamic Bank (NIB). Dubai based Potentia Inc acted as corporate finance advisor on ...
The AED 153M Ijara financing is the second facility for JANAYEN with Noor Islamic Bank (NIB). Dubai based Potentia Inc acted as corporate finance advisor on ...
Membership in the deposit insurance system is mandatory under the PIDM Act 2005 for all commercial and Islamic banks, both domestic and foreign. ...
... chief executive of the Noor Islamic Bank, which is majority-owned by the Dubai government, aims to turn the city into a hub for Islamic banks, ...
The first is liquidity - banks lending to each other on the money markets - but Islamic banks do not borrow or lend on money markets because interest is not ...
THE CHAIRMAN OF THE UNION OF ARAB BANKS AND AL BARAKA BANKING GROUP CEO ADNAN AHMED YOUSIF SAID Islamic banks HAVE EXPANDED IN INTERNATIONAL markets, ...
The first is liquidity - banks lending to each other on the money markets - but Islamic banks do not borrow or lend on money markets because interest is not ...
The accountancy and financial advisory firm said that Islamic banks are one of the few sectors of the industry which still has significant sums of money ...
... chief executive of the Noor Islamic Bank, which is majority-owned by the Dubai government, aims to turn the city into a hub for Islamic banks, ...

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