Finance and Investment Co. Islamic Banks Islamic Investment Funds Takaful Insurance Waqf Zakat

IDB to launch roadshow for Istikhlaf bank soon 10/03/2010 Islamic Banks The Islamic Development Bank will soon launch a roadshow to attract investment for Istikhlaf, an Islamic bank, a top banking official said here on 9, March, 2010.

Islamic Finance Moves Toward Common Standards 10/03/2010 Finance and Investment Co. Regulation should help provide a basis for the industry's expansion.

QIB and Barwa Sponsors support 5th Finance & Investment in Qatar Forum in Paris 10/03/2010 Islamic Banks    Finance and Investment Co. The first wave of prestigious Qatari and French corporations sponsoring the 5th Finance & Investment in Qatar Forum (5th Finance Forum) at the Intercontinental Hotel Paris on March 25-26, 2010 have been announced by joint organizers Qatar Expo and Grey Doha in cooperation with the Ministry of Foreign Affairs.

Ithmaar's $200m rights issue launches soon 10/03/2010 Islamic Banks Ithmaar Bank will launch its $200 million rights issue tomorrow (March 11, 2010) to help fund the planned expansion of its operations.

ADIB to fund Al Dhafra activities 10/03/2010 Islamic Banks Abu Dhabi Islamic Bank (ADIB), a leading Islamic bank in the region, said it will provide Dh300 million ($81.6 million) Islamic finance facility to Al Dhafra Cooperative Society to fund working capital and capital expenditures.

Bahrain's Unicorn near Saudi asset management deal 10/03/2010 Islamic Banks Bahrain-based Islamic investment bank Unicorn is close to signing a "big" mandate for asset management services in Saudi Arabia, a senior executive said on 9, March, 2010.

HSBC Amanah To Have Network Of 11 Branches By Year-End 10/03/2010 Islamic Banks HSBC Amanah Malaysia Bhd, in a move to expand its foothold, will have a network of 11 branches by year-end, its Chief Executive Officer, Musa Abdul Malek, said on 9,March,2010.

Sharjah Islamic Bk Hldrs Opt For 5% Bonus Share, 5% Cash Div 10/03/2010 Islamic Banks UAE-based Sharjah Islamic Bank, or SIB, on 9, March, 2010 said its shareholders voted to distribute 5% of profits in cash dividends and 5% in bonus shares for 2009 instead of the 10% in cash dividends previously proposed by the bank's board.

Tadhamon Capital announces $28.6 million profit in its first year 10/03/2010 Finance and Investment Co. Tadhamon Capital, a category 1 Islamic investment company based in Bahrain, has announced a net profit of US$28.6 million for its first period of operations from 15th September 2008 to 31st December 2009.

National Bonds forges strategic alliance with Emirates Post 10/03/2010 Finance and Investment Co. National Bonds Corporation PJSC, the Shari’a-compliant saving scheme, has announced a strategic alliance with Emirates Post, the national postal services provider of the UAE, to enable customers to purchase National Bonds savings certificates from over 100 Emirates Post offices across the UAE, expanding the NBC distribution network to more than 550 outlets.