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Monday, 09 November 2009 02:59 UAE time

YOUR DIRECTORY /

Islamic bank assets up 29% - survey

Islamic Finance
Islamic banks attracted more assets than conventional banks in 2009 on conservative approach.



Thursday, 05 November 2009

Double digit growth for Islamic banking assets in 2009

Islamic Finance
New survey reveals 28.6% growth for Shariah compliant banks amid downturn.

Double digit growth for Islamic banking assets in 2009

Sunday, 25 October 2009

Kuwait Finance House posts 46% drop in Q3 profits

Islamic Finance
The country's biggest Islamic lender said net income for Q3 fell to KD34.3m ($120.1m).

Kuwait Finance House posts 46% drop in Q3 profits

Wednesday, 21 October 2009

World Bank unit to list sukuk in Dubai, Bahrain

Islamic Finance
International Finance Corp announces plan to list $100m Islamic bond in Middle East.

World Bank unit to list sukuk in Dubai, Bahrain

Bahrain Islamic Bank posts Q3 loss on bad loans

Islamic Finance
Net loss for three months to Sept 30 was BD1.36m, compared to profit in 2008.

Bahrain Islamic Bank posts Q3 loss on bad loans

Friday, 16 October 2009

Islamic finance growth seen 10-20% in 3 yrs - study

Islamic Finance
Growth of sector has been held back by a shortage of expertise, analysts say.

Islamic finance growth seen 10-20% in 3 yrs - study

Wednesday, 14 October 2009

Qatar Islamic Bank reports $51.44m Q3 profits

Islamic Finance
The lender's third quarter net profits fell 52.8% from the same quarter last year.

Qatar Islamic Bank reports $51.44m Q3 profits

Monday, 12 October 2009

Bahrain's GFH announces major shake-up

Islamic Finance
Islamic investment bank splits company into two, aiming for 'new period of growth'.

Bahrain's GFH announces major shake-up

Saturday, 10 October 2009

S&P to be used to calculate NBAD Islamic Index

Islamic Finance
Index measures performance of Shariah-compliant securities listed on ADX, DFM.

S&P to be used to calculate NBAD Islamic Index

Friday, 09 October 2009

Dubai mortgage firms to form Islamic bank -minister

Islamic Finance
UAE state panel suggests Amlak and Tamweel be merged into Islamic bank.

Dubai mortgage firms to form Islamic bank -minister

Wednesday, 07 October 2009

Meydan signs deal to fund part of new racecourse

Islamic Finance
Dubai World Cup 2010 venue developer inks Sharia compliant AED100m loan.

Meydan signs deal to fund part of new racecourse

Monday, 05 October 2009

UAE cbank - Amlak, Tamweel review to 'take some time'

Islamic Finance
Fate of merger between troubled cos has been under review for 11 months.

UAE cbank - Amlak, Tamweel review to 'take some time'

Dubai's Rasmala eyes $133m Saudi property fund

Islamic Finance
Islamic fund set to tap mid-income housing developments around Riyadh.

Dubai's Rasmala eyes $133m Saudi property fund

Saturday, 03 October 2009

Islamic finance set for big China leap - Prudential

Islamic Finance
China must alter double taxation law for market to grow, according to experts.

Islamic finance set for big China leap - Prudential

Wednesday, 30 September 2009

S&P downgrades Kuwait’s Wethaq Takaful

Islamic Finance
Ratings cut to 'BB' as agency notes continuing uncertainty at parent co. Investment Dar.

S&P downgrades Kuwait’s Wethaq Takaful

Gulf to play key role in future global finance - official

Islamic Finance
Qatar Petroleum chief says Islamic finance will be at forefront of recovery.

Gulf to play key role in future global finance - official

Thursday, 24 September 2009

US and Canada next growth markets for Islamic finance

Islamic Finance
Islamic finance hailed as possible alternative to riskier, conventional financial services.

US and Canada next growth markets for Islamic finance

Friday, 18 September 2009

UK Tories would maintain Islamic finance focus - expert

Islamic Finance
Islamic finance expert has hopes from Conservative Party if it wins next elections.

UK Tories would maintain Islamic finance focus - expert

France adopts law facilitating Islamic bonds

Islamic Finance
Move to aid the issuance of Islamic bonds despite opposition from leftist parties.

France adopts law facilitating Islamic bonds

Wednesday, 16 September 2009

Bahrain’s First Energy takes 9% in Al Dur project

Islamic Finance
Islamic investment bank buys into kingdom’s biggest power project for BD50m.

Bahrain’s First Energy takes 9% in Al Dur project

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SPOT POLL

What do you think about the offer of free legal advice to people caught in Dubai property disputes?

Amid the real estate gloom, this is the best news for months and will improve transparency.
This is a good move and should redress the imbalance between investor and developer.
By offering a free service, it will just encourage people to abuse the complaints system.
It's too little, too late and I doubt many people will actually qualify for the free advice.
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