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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.

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.

KARACHI: Microfinance industry in Pakistan is a growing industry and it is currently serving approximately two million customers said Syed Samar Hasnain, Director, Agricultural Credit & Microfinance Department, State Bank of Pakistan.

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.

CANBERA: Crescent Wealth, Australia's first Islamic wealth manager, have announced the launch of the nation's first Islamic Australian equity fund creating a new opportunity in the superannuation industry, and tapping the potential for Australians to access the $1.4 trillion global Islamic financial services market.

ISLAMABAD: Mari Gas Company Limited (MGCL) made a significant crude oil discovery on Thursday, with the additional potential of Associated Gas, during the drilling of Halini Well in its operated Karak Exploration Block.