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Barclays to focus on Islamic liquidity - 0 views

Riffat Mughal on 05 Oct 11

DUBAI: Barclays Capital will focus on growing its liquidity management and risk management businesses as the Islamic bond market continues to struggle because of global economic worries, its head of Islamic products said.

<div class="cArrow"> </div><div class="cContentInner">DUBAI: Barclays Capital will focus on growing its liquidity management and risk management businesses as the Islamic bond market continues to struggle because of global economic worries, its head of Islamic products said. </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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Trade among Islamic states to grow 20pct - 0 views

Riffat Mughal on 11 Oct 11

JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.

<div class="cArrow"> </div><div class="cContentInner">JEDDAH: The International Islamic Trade Finance Corporation (ITFC), an affiliate of the IDB Group, is making intense efforts to increase trade among members of the Organization of Islamic Cooperation (OIC) to 20 percent of their total trade by 2015. It has given $13 billion since 2008 to finance trade.</div>

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Al Baraka launches Business Plus Account - 0 views

Riffat Mughal on 17 Oct 11

KARACHI: Al Baraka Bank Pakistan Limited (ABPL) has announced the launch of Al Baraka Business Plus Account. This is a new addition to its existing comprehensive product portfolio set on the basic principles of Mudaraba, tailored to suit the business needs.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Al Baraka Bank Pakistan Limited (ABPL) has announced the launch of Al Baraka Business Plus Account. This is a new addition to its existing comprehensive product portfolio set on the basic principles of Mudaraba, tailored to suit the business needs.</div>

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Malaysia supplies world class talent for Islamic Finance, says Zeti - 0 views

Riffat Mughal on 17 Oct 11

KUALA LUMPUR: Malaysia, via the International Centre for Education in Islamic Finance (INCEIF), is supplying world class talent for the fast-growing Islamic finance, says chairman and chancellor, Tan Sri Dr Zeti Akhtar Aziz.

<div class="cArrow"> </div><div class="cContentInner">KUALA LUMPUR: Malaysia, via the International Centre for Education in Islamic Finance (INCEIF), is supplying world class talent for the fast-growing Islamic finance, says chairman and chancellor, Tan Sri Dr Zeti Akhtar Aziz.</div>

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Shariah Finance: An Alternative In The Making - 0 views

Riffat Mughal on 22 Oct 11

While clinging to its present marginal position in the mainstream of global financial markets, Islamic banking and Islamic finance has a long way to go to transform itself into a major player, mainly through standardization, uniformity, governance, transparency and innovation, in addition to consolidation.

<div class="cArrow"> </div><div class="cContentInner">While clinging to its present marginal position in the mainstream of global financial markets, Islamic banking and Islamic finance has a long way to go to transform itself into a major player, mainly through standardization, uniformity, governance, transparency and innovation, in addition to consolidation.</div>

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Pak-backed advisory firm launches Islamic Finance training projects in Bahrain - 0 views

Riffat Mughal on 12 Oct 11

MANAMA: Tajweez Advisory Co. WLL, the first Pakistani-backed advisory firm in Bahrain in the Islamic finance sector, has launched their Islamic Finance 360 training project at the Institute of Bankers Pakistan.

<div class="cArrow"> </div><div class="cContentInner">MANAMA: Tajweez Advisory Co. WLL, the first Pakistani-backed advisory firm in Bahrain in the Islamic finance sector, has launched their Islamic Finance 360 training project at the Institute of Bankers Pakistan. </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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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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