Posts tagged as: AME Info

Jordan Islamic Bank leader in solar electricity generation

Jordan Islamic Bank leader in solar electricity generation

Jordan Islamic Bank began some time ago to develop a plan to provide alternative energy in its branches through the use of electric power generation using solar cells. The Bank seeks to disseminate to all branches and offices which achieves savings and…

Sohar Islamic rolls out Shari’ah-compliant home finance scheme

Sohar Islamic rolls out Shari’ah-compliant home finance scheme

Bank Sohar's Islamic banking arm, Sohar Islamic, has launched a Shari'ah-compliant home finance programme, as part of its plan to expand the products and services portfolio. The new product features flexible terms, which offer financing for up to 80% o…

Emirates Islamic Bank supports key social activities during Ramadan

Emirates Islamic Bank supports key social activities during Ramadan

Emirates Islamic Bank has tied up with a number of organisations to promote activities and charity campaigns to mark the spirit of Ramadan. The bank is the main sponsor for the Zakat Fund Ramadan Campaign, which aims to emphasise the importance of Zaka…

ICIEC and The Bangladesh Bank sign MOU

ICIEC and The Bangladesh Bank sign MOU

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Bangladesh Bank (The Central Bank of Bangladesh) signed a Memorandum of Understanding (MOU). The objective of the MOU is to establish a basis for the exchange of …

Shariyah Review Bureau assigned as Shari'a advisor by Wataniya Insurance

Shariyah Review Bureau assigned as Shari'a advisor by Wataniya Insurance

Saudi firm Wataniya Insurance Company announced the commissioning of Shariyah Review Bureau (SRB) as their Sharia advisor. Shariyah Review Bureau will oversee and supervise the company's Shari'a Compliance needs from Product structuring to Certificatio…

Shariyah Review Bureau assigned as Shari’a advisor by Wataniya Insurance

Shariyah Review Bureau assigned as Shari’a advisor by Wataniya Insurance

Saudi firm Wataniya Insurance Company announced the commissioning of Shariyah Review Bureau (SRB) as their Sharia advisor. Shariyah Review Bureau will oversee and supervise the company's Shari'a Compliance needs from Product structuring to Certificatio…

Sharjah Islamic Bank’s ratings affirmed with ’stable‘ outlooks

Sharjah Islamic Bank’s ratings affirmed with ’stable‘ outlooks

Capital Intelligence (CI) has maintained Sharjah Islamic Bank's (SIB) Financial Strength Rating (FSR) at 'BBB+', with SIB's exceptionally sound capital adequacy ratio (CAR) and good liquidity being major supporting factors. Rising non-performing Islami…

ADIB stages historical exhibition for Ramadan

ADIB stages historical exhibition for Ramadan

<p>Abu Dhabi Islamic Bank (ADIB) opens its annual Ramadan exhibition this year at the Emirates Palace in Abu Dhabi. The Road from Jerusalem to Mecca and Medina follows last year's exhibition Discovering Ka'aba withtwo more replicas of central landmarks in Islamic history. The exhibition portrays a historical journey through three holy sites of historical and religious significance. The Road from Jerusalem to Mecca and Medina includes a replica of the Ka'aba which illustrates both the Ka'aba's outer fa&ccedil;ade and its inner structure. Rare photographs of the Ka'aba that depict its various architectural and design elements will also be on display. In addition, the exhibition showcases the Al-Nabawi Mosque and a model of the Al-Aqsa Mosque. The exhibition is open to the public every day from 08:30am to 12:00 midnight throughout the whole month of Ramadan.</p>
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<p><a href="http://www.ameinfo.com/adib-stages-historical-exhibition-ramadan-349756" title="http://www.ameinfo.com/adib-stages-historical-exhibition-ramadan-349756">http://www.ameinfo.com/adib-stages-historical-exhibition-ramadan-349756</a></p>
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Kuwait Finance House consolidates all its direct investment activities to one investment arm

Kuwait Finance House consolidates all its direct investment activities to one investment arm

General Manager of International Banking and Acting Chief Investment Officer at Kuwait Finance House KFH Shaheen Al-Ghanim has announced the emerging KFH Investment Company, previously named Liquidity House. He added that this company will be KFH's mai…

Bahrain Islamic Bank realizes net profit for Q2-2013

Bahrain Islamic Bank realizes net profit for Q2-2013

Mr. Abdul Razak Abdulla Al-Qassim – Chairman of the Board of Directors announced that the Board has approved the Financial Statements for the period ended on 30th June 2013. The Bank registered BD2.4m as net profit for the first half of the year after …

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