It seems that Qatar’s Masraf Al Rayan is in talks to become the biggest shareholder in Islamic Bank of Britain (IBB).
The bank stated that Masraf Al Rayan will access 70% of the bank and the government of the state of Qatar will have the remaining 30%….
A $13.3 million operating lease agreement was signed by Gulf Aviation Academy (GAA) with Tadhamon Capital for a new A330 full flight simulator.
The signing ceremony succeeded at GAA’s facility in Muharraq where GAA chief executive Mahmood Al Balooshi a…
It seems that the U.S. Treasury Department set sanctions on the Syria International Islamic Bank for supposedly acting as a front for the Commercial Bank of Syria.
SIIB gave permission to the Commercial Bank to circumvent the measures against it by the…
An agreement was signed by Al Baraka Banking Group with the World Bank in order to launch joint programmes under a set of new Shari’ah-compliant finance initiatives.
The programmes have the purpose to foster sustainable development of Islamic economics…
MUSLIM Australians will have the possibility to deposit their cash with today’s launch of Crescent Wealth’s first Islamic cash management trust, which has the purpose to attract up to $100 million during the next few years.
International Polymers Company (IPC), hastaken signed a Shariah compliant SR1.4 bln (US$373 mln) loan from Saudi banks, Riyad Bank, National Commercial Bank, Saudi Hollandi Bank, and The Saudi British Bank.
The funds will sustain the project financing …
Sharjah Islamic Bank has signed a cooperation agreement with the University Hospital Sharjah to provide financing packages to patients, facilitating payment treatment fees to the University Hospital in convenient installments.
The agreement was signed …
