ArabianBusiness.com - Middle East Business News
Tuesday, 14 October 2008 | 00:15 UAE time

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Kuwait's KFH sees profit rise 5%

Kuwait's KFH sees profit rise 5%

Islamic Finance
Islamic lender Kuwait Finance House posts Q3 net income of $235.9mn, missing analyst forecast.

New investment firm signs first China deal
Islamic Finance
Shariah-compliant company aims to raise initial $200mn, also announces plan to list in London.

West turning to sukuk as debt markets dry up
Islamic Finance
ASEAN secretary general says appeal of Islamic bonds growing as credit crisis worsens.

Kuwait's Dar closes 1st part of $400mn Islamic loan
Islamic Finance
Three-year $150mn deal for Aston Martin part-owner backed by Saudi, Oman banks.


more »MIDDLE EAST ISLAMIC FINANCE COMMENT

Oman bus stop theory
Finalising a regulatory framework early on may be best, but could increase financial institutions' time to market.

Daniel Stanton  

The number of the East
If banks want to be more than just regional players, they need a strategy to harness growth in the Far East.

Daniel Stanton

more » MIDDLE EAST MARKETS DATA

DFM

Last Price:

3,343.56

+318.48+10.53%

13 Oct 2008 09:59 GMT
(Market Closed)

ADX

Last Price:

3,350.22

+216.71+6.92%

13 Oct 2008 09:59 GMT
(Market Closed)

SSE

Last Price:

6,365.23

+550.63+9.47%

13 Oct 2008 12:29 GMT
(Market Closed)

CURRENCY CONVERTOR

more »OTHER MIDDLE EAST BUSINESS NEWS STORIES

BUSINESS FEATURES

Global debt goes Islamic

Despite a slowdown in the Islamic bond market, firms around the globe are turning to Islamic issuances.

Banks hoard Fed cuts

Regional mortgage lenders are refusing to pass falling US interest rates on to customers in the emirates.

High finance

Amid continuing turmoil in global credit markets, Islamic finance is going from strength to strength.

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BUSINESS INTERVIEWS

Finding the right fit

Mohamed Al Neaimi, CEO of Mawarid Finance, explains how the Islamic finance provider builds its products.

Comeback kids

Arabian Business talks to Unicorn's CFO to discover why Islamic finance is now in higher demand than ever.

Noor goes moor

Noor Islamic Bank CEO Hussain Al Qemzi plans to take the fledgling bank across the Gulf and around the world.

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