Archive for: Februar, 2012

Al Hilal Bank unveils first sukuk fund

Al Hilal Bank unveils first sukuk fund

Al Hilal Bank will launch its first sukuk fund, the Al Hilal Global Sukuk Fund, advocating the bank’s full commitment to product and service innovation and its keen interest in strategic segments of the financial services sector.
Investors will have th…

Nigeria’s first Islamic bank begins business in three branches

Nigeria’s first Islamic bank begins business in three branches

aiz Bank Plc, has begun full operation of non-interest commercial banking in Nigeria from three branches in Abuja, Kaduna and Kano.
It seems that most of the early customers were groups of business institutions and private individuals from different re…

Gatehouse Bank net USD half billion in real estate for GCC investors

Gatehouse Bank net USD half billion in real estate for GCC investors

Gatehouse Bank based in London, has surpassed the USD half billion mark in real estate investment acquisitions, on behalf of its GCC investors. This was succeeded after the acquisition of a multi-million dollar US student property portfolio, „The Repub…

IIRA appointed Ms. Sabeen Saleem as Acting Chief Executive Officer

IIRA appointed Ms. Sabeen Saleem as Acting Chief Executive Officer

Islamic International Rating Agency (IIRA) appointed Ms. Sabeen Saleem, CFA as the Acting Chief Executive Officer of IIRA on February 2, 2012.
Ms. Saleem has 14 years of experience in financial risk assessments spanning Banks, Manufacturing Concerns, F…

Palestine Exchange: Arab Islamic Bank Co. preliminary year-end financial statements for the year 2011

Palestine Exchange: Arab Islamic Bank Co. preliminary year-end financial statements for the year 2011

Arab Islamic Bank gave Palestine Exchange (PEX) unaudited year-end preliminary financial statements. The PEX disclosure rules in place give all of PEX listed companies a period of 45 days to report their preliminary annual financial statements reviewed…

BankDhofar to launch Islamic Banking

BankDhofar to launch Islamic Banking

BankDhofar has chosen Deloitte & Touche for a market assessment and feasibility study into the launching of an Islamic Window at the Bank. This study comes after the Royal Decree launched last year by His Majesty Sultan Qaboos, which agrees with th…

Immobilienblase: Droht eine Marktüberhitzung?

Immobilienmarkt: Im Höhenrausch   Die Wohnimmobilienpreise in den begehrten Lagen der Metropolen sind in den vergangenen Jahren rasant gestiegen. Nicht zuletzt die Euro-Sorge treibt die Anleger in die Backsteinanlage. Droht in Deutschland eine Immobilienblase? Jens Schubert kann es noch immer nicht fassen. Vor fünf Jahren hat er in einem Neubauprojekt in guter Lage von Hamburg […]

Segregation of Qatari Islamic, conventional banking will reduce risk of contagion: IMF

Segregation of Qatari Islamic, conventional banking will reduce risk of contagion: IMF

According to the International Monetary Fund, complete segregation of Islamic and conventional banking in Qatar “should reduce the risk of contagion” from one segment to the other in case banking troubles arise in either one.
In February last year,…

KFH: Banking products that cement value of saving in society

KFH: Banking products that cement value of saving in society

Kuwait Finance House is eager to offer its clients banking products that bond the value of saving, saving being a main factor in boosting the local economy.
The new account is a combination between the advantages of investment saving accounts and Islam…

Emirates Islamic Bank suffers Dh448m loss as expenses soar

Emirates Islamic Bank suffers Dh448m loss as expenses soar

Dubai Emirates Islamic Bank (EIB) reported a full-year net loss due to significantly higher impairments on financing and investment activities and a rush in expenses.
The bank’s total assets fell more than 32 per cent to Dh21.48 billion from Dh32.74 bi…

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