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Union of Arab Banks (UAB) is close to finalising a plan to facilitate Islamic banks to approach Central Banks for liquidity support, said to a top UAB official. |
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The ratings of Bahrain Islamic Bank, as per Anouar Hassoune, the Lead Analyst, Moody's Investors Services, remain unchanged with Baa1 long-term and Prime-2 short-term local and foreign currency issuer ratings and a D+ bank financial strength rating (BFSR). |
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EONCAP Islamic Bank Bhd, a unit of EON Bank Bhd, aims to increase its asset contribution to the group to 20% in three years by launching more syariah-compliant products. |
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Al Rajhi Capital, the investment arm of Al Rajhi Bank, has signed a distribution agreement with Derayah Financial. According to this agreement, Derayah will make Al Rajhi Capital's Shariah-compliant mutual funds available to individual investors through its website. |
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Abu Dhabi Islamic Bank (ADIB), one of the leading Islamic banks in the region, has announced the launch of its new branch at Al-Bawadi Mall in Al-Ain region. |
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PT Bank Muamalat Indonesia expects its Malaysian operation to double its corporate customer base by year-end from 20 currently, its Kuala Lumpur branch general manager Afrid Wibisono said on 11th March 2010. |
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Takaful Ikhlas Sdn Bhd, which offers takaful products and services, recently organised a course on Islamic finance for civil servants. |
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Ten University Technology Mara (UiTM) students will receive scholarships from the Asian Finance Bank (AFB) to pursue their first degree in Islamic banking. |
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Investment Dar. Co., the Kuwait- based owner of half of Aston Martin Lagonda Ltd., started a process of legal protection under the country’s Financial Stability Law to implement a restructuring plan. |
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Khazanah Nasional Bhd has successfully completed the divestment of a total 85.15 million ordinary shares in Malaysia Airports Holdings Bhd (MAHB) representing about 7.74 percent of the issued and paid-up capital in airport operator. |
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