Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) will arrange its Annual Shari’a Conference on 7 and 8 May 2012 in Manama, Kingdom of Bahrain. The conference will be held under the patronage of the Central Bank of Bahrai…
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has suggested more specific accounting standards for real estate while increasing disclosure for Islamic banks’ investment accounts.
The move made by the Bahrain-bas…
The Ordinary and Extra-ordinary General Meetings of Al Baraka Banking Group took place on Wednesday 21st March 2012 in Manama, the capital of Bahrain. Discussions included: the report submitted by the Board of Directors on the Group’s activities during…
Gulf Finance House revealed its third quarter financial results for 2011.
The Bank recorded a net profit of US$ 4.1million for the first nine months of 2011, as compared to a net loss of US$ 162.2 million for the same period in 2010.
During the first n…
The AAOIFI – World Bank Annual Conference on Islamic Banking and Finance will be co-hosted by AAOIFI and the World Bank. The conference will take place on 23 and 24 October 2011 in Bahrain Conference Centre, Manama, Kingdom of Bahrain.
At the conferenc…
Unicorn Investment Bank launches its new brand identity, as it has now officially changed its name to Bank Alkhair B.S.C. (c). The Bank’s subsidiaries in Saudi Arabia, Malaysia and Turkey will now officially perform under the names Alkhair Capital Sa…
Compliant products globally, including equities that conform with Islamic principles, sukuk and Islamic funds, stands at over $1.5 trillion.
Abdul Rahman Al Baker, the Executive Director of Financial Institutions Supervision, Central Bank of Bahrain (C…
Before engaging in any financial project there should be taken into consideration two very important factors: Corporate Social Responsibility and protecting the environment.
Dr. Mustafa Al Sayyed is the one that underlined this in an economic session. …
Waqf Fund will launch the Diploma in Islamic Commercial Jurisprudence aimed primarily at those working for Internal Shari’a Review departments of Islamic Financial Institutions. The program is being offered with the assistance of BIBF.
Khalid Hamad, …
Seera Investment Bank revealed the sale of BWA Water Additives (BWA), a UK based company in a transaction valuing the company at around $ 300 million.
The company’s new owner is Berwind Corporation.
Seera Investment Bank has a strategy of seeking inves…
