Tagged: Arabian Business.com

Bahrain’s Al Salam Bank says in merger talks

Islamic Finance

2013-01-31

Bahrain’s Al Salam Bank says in merger talks

Bahrain’s Al Salam Bank confirmed media reports related to a potential merger with an unnamed regional bank. One potential merger prospect is Khaleeji Commercial Bank , after Gulf Finance House, which owns 47 percent of the lender, said last week it wa…

Kuwait-linked bank buys $52m UK retail asset

Islamic Finance

2012-08-22

Kuwait-linked bank buys $52m UK retail asset

Gatehouse Bank has bought the Debenhams department store in Leeds city centre for £33.4m ($52.6m). thus, the sharia-compliant investment bank continues property acquisition in this city, the BT building in Sovereign Street being the first one. The new…

Saudi Binladin issues USD 267 million Islamic bond

Islamic Finance

2012-08-15

Saudi Binladin issues USD 267 million Islamic bond

Saudi Binladin issued a SAR 1 billion Islamic bond, as a part of its expansion strategy. During the first 6 months of the year, total amount of issued sukuk bonds reached 13% of global Islamic bonds, due to continuous expansion of Saudi Arabian compani…

: Homeowners’ new safety net leaves many at risk
The clock is ticking as government races to stave off foreclosures.
: How to get in line for homeowner assistance funds
States will distribute nearly $10 billion to help homeowners hurt by the pandemic.
The Moneyist: My husband and I bought a $387K building with my parents. We sold it for nearly $1M. We took care of it. Do we still split it 50-50?
‘My parents put down 50% in cash and my husband and I financed half. We paid $18,000 back to my parents. I figure I did $100,000 worth of work.'
The Number One: World Book Day: Women authors dominate Amazon’s bestselling books of all time list
Nine of the 10 top spots are held by women, with the ‘Hunger Games,’ ‘Harry Potter’ and ‘Fifty Shades’ book series at the top
: Companies that make things used to make things have seen earnings boosted by big jumps in prices. Is that a bad thing?
While many investors have focused on the performance of travel and leisure companies to gauge the reopening of the economy, there is also a lot that can be learned from industrial companies that actually make things that are used to make the things people use in their daily lives.
The Margin: Johnson & Johnson vaccine pause: What to know if you got or scheduled the shot
A CDC advisory committee recommends lifting the pause. So what blood clot symptoms should you watch out for if you get the vaccine?
Cryptos: Bitcoin suffers biggest weekly loss since March 2020
Friday's losses come on the heels of a 300-point loss for the Dow industrials after a media report that President Joe Biden is weighing a plan to nearly double capital-gains tax on the wealthy. While stocks bounce back Friday, bitcoin remains under pressure.
FA Center: Bernie Madoff’s scam was hard to spot but this red flag was — and still is — a clue
Look for inconsistencies between reported returns and what a fund's strategy should realistically produce.
: CDC committee votes to lift pause on Johnson & Johnson COVID-19 vaccine
A Centers for Disease Control and Prevention committee voted to let Americans once again receive Johnson & Johnson's single-shot COVID-19 vaccine without any additional stipulations.
NewsWatch: Capital gains tax hike? Why the stock market bounced back so fast
So much for a lasting tax-inspired selloff. Here's why stock-market investors were quick to put worries about a proposed jump in the capital-gains tax rate for wealthy investors behind them after Thursday's market dip.

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