Last Update: 21 December 2014 ,06:28 am
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10 December 2014
KHARTOUM - The inaugural International Forum on Islamic Finance (IFIF Sudan 2014), which opened today at the Al Salam Rotana, Khartoum, saw more than 250 leaders in the international Islamic banking and finance industry engage in high profile discussions that focused on ‘Fast-Tracking the Accessibil ... - more »
19 November 2014
Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to facilitate the delivery of six new Airbus A320 aircrafts in 2015.The signing ceremony was held in the DIB head office in the presence of senior executives from both parties. The US$230 million Ijara ... - more »
18 November 2014
After a periodic review of the company’s business,AM Best International recently affirmed the (A-)Credit Ratingfor Bahrain KuwaitInsuranceCompany, and this has ... - more »
16 November 2014
Al Baraka Turk Participation Bank, a subsidiary banking unit of Al Baraka Banking Group B.S.C. (ABG), announced that it had achieved a distinguished increase of 21% in its net profit in the first nine months of 2014 compared to the same period of 2013. It also increased its equity by 11%, total asse ... - more »
16 November 2014
Bahrain based International Islamic Financial Market (IIFM), a global standard-setting body for Islamic finance announced today the launch of the IIFM Master Collateralized Murabahah Agreement. The global standard document is accompanied by an Operational Guidance Memorandum. - more »
16 November 2014
Arabtec posted a quarter of weak results in 3Q14, with net profit declining 31.9%YoY to AED68.7mn, 39.4% lower than our estimate. The decline was largely ascribed to an increase in general and administrative expenses by 89.4%YoY, much of which the company classifies as non-recurring. Revenues for 3Q ... - more »
15 November 2014
MoW’s Assistant Undersecretary for Technical Services Eng. Ahmed Abdul Aziz Al Khayyat revealed that the Ministry awarded 5 tenders worth BD1,855,908 and also invited bids for 7 tenders worth BD10,216,488 in October 2014, all of which aim to serve citizens and residents, support the urban boom that ... - more »
12 November 2014
ASRY, the leading ship and rig repair yard in the Arabian Gulf has signed a memorandum of a "permanent mutual cooperation" with the Organization of Islamic Ship Owners' Association (OISA). The signing ceremony took place on Wednesday, 12th November 2014. - more »
11 November 2014
GFH, the Bahrain based Islamic investment bank, today announced its financial results for the third quarter and first nine months of the year ended 30th September 2014 (“the period”). - more »
10 November 2014
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C (ABG) announced that it has achieved a net income of US$ 207 million in the first nine months of 2014, an increase of 5% on the net income achieved in the first nine months of 2013. Similarly, statement of financial posit ... - more »
(2916) news , (292) pages
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