Group items tagged world United banking - 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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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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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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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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Finance Minister meets IMF, World Bank leaders - 0 views

Riffat Mughal on 24 Sep 11

WASHINGTON: Finance Minister Dr Abdul Hafeez Shaikh met with leaders of major financial institutions here on Thursday during the IMF-World Bank meetings and discussed cooperation for Pakistan's development.

<div class="cArrow"> </div><div class="cContentInner">WASHINGTON: Finance Minister Dr Abdul Hafeez Shaikh met with leaders of major financial institutions here on Thursday during the IMF-World Bank meetings and discussed cooperation for Pakistan's development.</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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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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NBFI, MAP stress on comprehensive Shariah Compliance system - 0 views

Riffat Mughal on 28 Sep 11

ISLAMABAD: The non-bank financial institutions (NBFI) and Modaraba Association of Pakistan (MAP) Tuesday stressed the need for comprehensive system of Shariah compliance to keep intact the confidence of the stakeholders in the Islamic financial system.

<div class="cArrow"> </div><div class="cContentInner">ISLAMABAD: The non-bank financial institutions (NBFI) and Modaraba Association of Pakistan (MAP) Tuesday stressed the need for comprehensive system of Shariah compliance to keep intact the confidence of the stakeholders in the Islamic financial system. </div>

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Oil, gold lead commodity gains as outlook improves - 0 views

Riffat Mughal on 27 Sep 11

SINGAPORE: Oil and gold led gains in commodities in Asia on Tuesday as investors bet Europe's plan to shore up banks would reduce the risks of a widespread banking crisis in the euro zone, prompting investors to reduce holdings of the U.S. dollar.

<div class="cArrow"> </div><div class="cContentInner">SINGAPORE: Oil and gold led gains in commodities in Asia on Tuesday as investors bet Europe's plan to shore up banks would reduce the risks of a widespread banking crisis in the euro zone, prompting investors to reduce holdings of the U.S. dollar.</div>

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Pakistani forex reserves fall to $17.79bln - 0 views

Halal Tamweel on 16 Sep 11

KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday. </div>

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Riffat Mughal on 16 Sep 11

KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday.

<div class="cArrow"> </div><div class="cContentInner">KARACHI: Pakistan's foreign exchange reserves fell to $17.79billion in the week ending Sept. 10, from $18.06 billion in the previous week, the central bank said on Thursday. </div>

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The Future of Islamic Banking Sector - 0 views

Riffat Mughal on 05 Oct 11

Shayne Nelson, Regional CEO, MENA, Standard Chartered talks about the future of Islamic Banking sector after the great financial crisis.

<div class="cArrow"> </div><div class="cContentInner">Shayne Nelson, Regional CEO, MENA, Standard Chartered talks about the future of Islamic Banking sector after the great financial crisis.</div>

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Asia stocks up on Europe efforts to aid banks - 0 views

Riffat Mughal on 05 Oct 11

TOKYO: Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.

<div class="cArrow"> </div><div class="cContentInner">TOKYO: Asian stocks rebounded from steep losses over the past several sessions on Wednesday, after tentative signs that European leaders are stepping up their efforts to stop the region's sovereign debt woes from sparking a full-blown banking crisis.</div>

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Group items tagged

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

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

Egalitarian Objectives & Present State of Islamic Finance - 0 views

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

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

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

WB terms Pakistan's economy worst - 0 views

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

Askari Islamic Banking recovers - 0 views

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

Finance Minister meets IMF, World Bank leaders - 0 views

Bank Islami reports improved earnings - 0 views

Dubai Islamic launches online remittance solution - 0 views

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

Govt to announce SBP governor name today - 0 views

NBFI, MAP stress on comprehensive Shariah Compliance system - 0 views

Oil, gold lead commodity gains as outlook improves - 0 views

Pakistani forex reserves fall to $17.79bln - 0 views

The Future of Islamic Banking Sector - 0 views

Asia stocks up on Europe efforts to aid banks - 0 views

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