Group items tagged Bank: - Halal Tamweel

Malaysia's Alkhair says in the market for bank buy - 0 views

Halal Tamweel on 06 Oct 11

KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Alkhair International Islamic Bank Malaysia is seeking central bank approval to start talks to acquire a Malaysian bank, its chief executive said on Thursday. </div>

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Habib Metropolitan Bank: Islamic Banking Business net assets climb by 26.93pct - 0 views

www.halaltamweel.com/...MIC-BANKING-NEWS-PAKISTAN.aspx

Habib Metropolitan Bank: Islamic Banking Business net assets climb by 26.93pct

shared by Riffat Mughal on 06 Dec 11 - No Cached

Riffat Mughal on 06 Dec 11

KARACHI: Habib Metropolitan Bank Limited- Islamic banking business net assets surged by 26.93 percent during nine months of the calendar year 2011 (9MCY11).

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Habib Metropolitan Bank Limited- Islamic banking business net assets surged by 26.93 percent during nine months of the calendar year 2011 (9MCY11). </div>

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Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM - 0 views

halaltamweel.com/...Story.aspx

Pakistan Islamic Banking windows net assets surge by 31.77pct | HALALTAMWEEL.COM

shared by Riffat Mughal on 23 Jan 12 - No Cached

Riffat Mughal on 23 Jan 12

KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first nine months of the calendar year 2011 (9MCY11) with improved asset base. Net assets of the Islamic banking windows grew by 31.77 percent and stood at Rs 17.647 billion as on Sep 30, 2011 as against Rs 13.393 billion reported on Dec 31, 2010.</div>

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Alkhair Int'l Islamic Bank seeks boutique bank - 0 views

Riffat Mughal on 07 Oct 11

KUALA LUMPUR: Alkhair International Islamic Bank (M) Bhd is in discussion with Bank Negara to get approval to start talking with potential acquisition targets, which will allow Alkhair to tap into the ringgit business in the country.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Alkhair International Islamic Bank (M) Bhd is in discussion with Bank Negara to get approval to start talking with potential acquisition targets, which will allow Alkhair to tap into the ringgit business in the country.</div>

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Egalitarian Objectives & Present State of Islamic Finance - 0 views

Riffat Mughal on 18 Oct 11

There are 5 full-fledged Islamic banks operating in Pakistan and 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently in double digits. The share of the industry in the banking system has risen to over 7 percent from just 0.5 percent in 2002.

<div class="cArrow"> </div><div class="cContentInner">There are 5 full-fledged Islamic banks operating in Pakistan and 15 conventional banks with Islamic banking branches. The growth in Islamic finance industry has been consistently in double digits. The share of the industry in the banking system has risen to over 7 percent from just 0.5 percent in 2002. </div>

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Pakistan Islamic Banking windows total assets surge by 27.28pct - 0 views

Riffat Mughal on 18 Oct 11

KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first half of the calendar year 2011 (1HCY11) with improved asset base. Total assets grew by 27.28 percent during the first half as the Islamic banking windows total assets stood at Rs 189.990 billion.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's Islamic banking windows of conventional banks continued to grow during the first half of the calendar year 2011 (1HCY11) with improved asset base. Total assets grew by 27.28 percent during the first half as the Islamic banking windows total assets stood at Rs 189.990 billion. </div>

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Bank Alfalah Islamic Banking Branches net assets climb by 13.63pct - 0 views

Riffat Mughal on 21 Sep 11

KARACHI: Bank Alfalah Limited Pakistan (BAFL) Islamic business unaudited net assets surged by 13.63 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 5.473 billion as compared to audited net assets of Rs 4.817 billion on December 31, 2010.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Bank Alfalah Limited Pakistan (BAFL) Islamic business unaudited net assets surged by 13.63 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 5.473 billion as compared to audited net assets of Rs 4.817 billion on December 31, 2010.</div>

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High paid-up-capital necessary for sound financial system says Hasnain - 0 views

Riffat Mughal on 24 Sep 11

KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan said that the paid up capital requirement set by the central bank for the microfinance banks is high. But it is necessary at the same time to ensure a sound financial system.</div>

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Oil heads for weekly gain on central banks' Europe crisis move - 0 views

Halal Tamweel on 16 Sep 11

SINGAPORE: Oil was headed for a weekly gain on Friday after central banks launched coordinated action to boost European bank funding, easing concern about falling oil demand from industrialised consumers.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Oil was headed for a weekly gain on Friday after central banks launched coordinated action to boost European bank funding, easing concern about falling oil demand from industrialised consumers.</div>

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Askari Islamic Banking recovers - 0 views

Riffat Mughal on 12 Oct 11

KARACHI: Askari Islamic banking business recovered from huge losses reported last year. In current year, it recovered 95.33 percent year on year (YoY) of the losses.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Askari Islamic banking business recovered from huge losses reported last year. In current year, it recovered 95.33 percent year on year (YoY) of the losses.</div>

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Dubai Islamic Bank launches Al Islami Emerging Cappuccino Certificate - 0 views

Riffat Mughal on 18 Oct 11

UAE: Dubai Islamic Bank (DIB) announced on Monday the launch of the Al Islami Emerging Cappuccino Certificate, a four-year Islamic certificate backed by Sharia-compliant assets.

<div class="cArrow"> </div><div class="cContentInner">UAE: Dubai Islamic Bank (DIB) announced on Monday the launch of the Al Islami Emerging Cappuccino Certificate, a four-year Islamic certificate backed by Sharia-compliant assets. </div>

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Dubai Islamic eyes bond sale for unit Tamweel - 0 views

www.halaltamweel.com/...ANCE-ISLAMIC-BANKING-NEWS.aspx

Dubai Islamic eyes bond sale for unit Tamweel

shared by Riffat Mughal on 30 Nov 11 - No Cached

Riffat Mughal on 30 Nov 11

DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.

<div class="cArrow"> </div><div class="cContentInner">DUBAI: Dubai Islamic Bank (DIB) and its unit Tamweel, plans to conduct fixed income roadshows in Asia, Europe and the United Arab Emirates and a potential bond issue guaranteed by the bank may follow, DIB said on Wednesday.</div>

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Islamic Window: Al Habib net assets grow by 65.08pct in 1HFY11 - 0 views

www.halaltamweel.com/...NG-ISLAMIC-FINANCE-Update.aspx

Islamic Window: Al Habib net assets grow by 65.08pct in 1HFY11

shared by Riffat Mughal on 26 Sep 11 - No Cached

Riffat Mughal on 26 Sep 11

KARACHI: Bank Al Habib Islamic banking branches unaudited net assets surged by 65.08 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 1.086 billion as compared to audited net assets of Rs 0.657 billion on December 31, 2010.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Bank Al Habib Islamic banking branches unaudited net assets surged by 65.08 percent during first half of the financial year 2011 (1HFY11) as it reached to Rs 1.086 billion as compared to audited net assets of Rs 0.657 billion on December 31, 2010.</div>

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Bank Islami reports improved earnings - 0 views

Riffat Mughal on 27 Sep 11

KARACHI: Bank Islami has announced the financial results for the half year ended on Jun 30, 2011 and showed an immense recovery as compared to last year, according to the notice sent to Karachi Stock Exchange (KSE) on Tuesday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Bank Islami has announced the financial results for the half year ended on Jun 30, 2011 and showed an immense recovery as compared to last year, according to the notice sent to Karachi Stock Exchange (KSE) on Tuesday.</div>

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Dubai Islamic launches online remittance solution - 0 views

Halal Tamweel on 06 Oct 11

KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has announced to provide online solution for foreign remittances to its potential customers, according to the press release issued by full fledge Islamic bank on Wednesday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Dubai Islamic Bank Pakistan Limited (DIBPL) has announced to provide online solution for foreign remittances to its potential customers, according to the press release issued by full fledge Islamic bank on Wednesday.</div>

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CBA-Oman allows Swiss Bank to offer Islamic banking services - 0 views

www.halaltamweel.com/...CE-ISLAMIC-BANKING-Update.aspx

Oman Islamic bank finance business world news Swiss Sarasin-Alpen

shared by Halal Tamweel on 12 Sep 11 - No Cached

Halal Tamweel on 12 Sep 11

MUSCAT: Capital Market Authority (CBA) Oman permitted Sarasin-Alpen, the leading Swiss Bank to offer Islamic advisory services in Oman Sultanate.

<div class="cArrow"> </div><div class="cContentInner">MUSCAT: Capital Market Authority (CBA) Oman permitted Sarasin-Alpen, the leading Swiss Bank to offer Islamic advisory services in Oman Sultanate.</div>

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WB terms Pakistan's economy worst - 0 views

Riffat Mughal on 19 Sep 11

ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: World Bank has termed the economy of Pakistan, worst in the region which has been plunging down rapidly, said the recent report issued by World Bank.</div>

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Islamic Development Bank loans Djibouti funds for construction - 0 views

halaltamweel.com/...NG-ISLAMIC-FINANCE-Update.aspx

development bank loans funds construction

shared by Halal Tamweel on 17 Sep 11 - No Cached

Halal Tamweel on 17 Sep 11

DJIBOUTI: The Islamic Development Bank loaned Djibouti $8.5 million to help build a residential and commercial center in Djibouti City, the capital.

<div class="cArrow"> </div><div class="cContentInner">DJIBOUTI: The Islamic Development Bank loaned Djibouti $8.5 million to help build a residential and commercial center in Djibouti City, the capital.</div>

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Circular Debt: Banks agree to extend more credit to power sector - 0 views

Riffat Mughal on 05 Oct 11

ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: The negotiations between the government and commercial banks remained successful on Tuesday to resolve the mounting circular debt issue of Rs 400 billion in the power sector of the country. </div>

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Govt to announce SBP governor name today - 0 views

Riffat Mughal on 18 Oct 11

KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Government is likely to announce the name of State Banks Governor today as the deadline for appointing a governor of central bank has been expired on Monday.</div>

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