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Albaraka to build Bay HQ

Bahrain-based Islamic financial institution Albaraka Banking Group (ABG) will build a new corporate headquarters at Bahrain Bay, it was announced yesterday.

 

Islamic Finance On The Upswing

Islamic finance is on the upswing in the Middle East-Gulf-Pakistan-Asia region, a two-day Asia Finance Conference observed, and industry sources say the future potential is massive.

 

Islamic Bankers in Demand

In April this year, Bank Negara Malaysia, the central bank, stepped in to stem the tide of the brain drain from the Malaysian Islamic banking sector. According to Bank Negara, ...

 

Workers’ health cover law: insurance bonanza

Last year Sama gave approval to Bank al-Jazira to spin off its Takaful Ta’awuni life insurance business. Takaful is Islamic insurance that complies with Shariah by allowing companies to manage funds on behalf of policy owners

 

Amana Takaful in strategic tie up with Interact

Amana Takaful Insurance has teamed up with the Interact District 3220 as the movement’s official community service strategic partner for 2007/2008,

 

Takaful Ikhlas on track to surpass turnover growth target

Takaful Ikhlas Sdn Bhd is on track to achieve more than 50 percent turnover growth for its financial year ending March 31, 2008.

 

Competition for private bankers in Dubai

Private bankers in tax-free Dubai are earning 25 per cent more than peers in Geneva and almost 40 per cent more than colleagues in London, a survey by Dubai-based headhunter Dunn Consultancy FZ-LLC found.

 

Book with financial experts in mind

The book addresses the common questions asked and also looks at the role of information technology in Islamic banks and the kind of corporate governance model practised by Islamic banks.

 

Malaysia's Affin keen to expand Islamic banking operations

Affin Islamic Bank Bhd is looking for an acquisition in line with its objective of expanding its Islamic banking operations in the country,

 

BNM Eyes Islamic Financing Products For Construction Sector

Wong said Islamic banking was good for the construction players because it capped the cost and the risks were much lower.

 

 

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