Contact us | +971 4 3635663
Sponsored by   Mudabala
 
 
BETA
Loading Loading ...
Sun, 08 Nov 2009 | 23:09 GMT
 

  • Al Baraka Bank Syria IPO oversubscribed 4.4 times, nets $165m


    The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. announced that the IPO of Al Baraka Bank Syria was extremely successful as it was oversubscribed by more than four times. Press Release - 08Nov 11:58GMT
  •  
  • New documents reveal role of DIB accused


    New documents reveal the involvement of at least two of the accused in a case related to alleged swindling of Dh1.8 billion at Dubai Islamic Bank (DIB), the Dubai Criminal Court heard. Emirates Business 24/7 - 08Nov 05:46GMT
  •  
  • Islamic Development Bank To Raise Financing By 30%


    The Islamic Development Bank (IDB) has decided to double the growth of its operation plan from 15 percent to 30 percent for the period 2009-11. Arab News - 08Nov 04:46GMT
  •  
  • Islamic Finance is coming of age: IFC lists Sukuk on the DIFC


    On 4 November, 2009 the International Finance Corporation, an affiliate of the World Bank listed an Islamic bond, a Sukuk on the DIFC's international exchange, Nasdaq-Dubai. Press Release - 07Nov 09:24GMT
  •  
  • GFH: receipts from the rights issue have now crossed the $200 million mark


    Bahrain-headquartered Gulf Finance House (GFH), a leading Middle Eastern Islamic investment bank, said receipts from the rights issue have now crossed the $200 million mark. Arab News - 06Nov 08:12GMT
  •  
  • Report Incriminates Two Ex-bank Officials In DIB Fraud


    A new complementary report, including evidence that the defendants in the Dubai Islamic Bank (DIB) fraud case are in fact involved in swindling the bank, was submitted to ?Attorney-General Issam Eisa Al Humaidan recently. Khaleej Times - 06Nov 07:38GMT
  •  
  • Islamic banking continues to grow by double digits


    Islamic banking assets continued double-digit growth this year as conventional bank growth stagnated, according to The Banker's Top 500 Islamic Financial Institutions survey, published in association with HSBC Amanah. Gulf News - 06Nov 05:59GMT
  •  
  • Islamic banks weather economic storm: study


    Banks that comply with Islamic Sharia law are thriving despite the global financial crisis, thanks largely to a "conservative approach to risk," according to a new listing published Thursday. AFP - 05Nov 14:10GMT
  •  
  • BSE Lists $100 Million IFC Hilal Sukuk


    Mr. Ebrahim Al Aradi, Acting Director of the Bahrain Stock Exchange (BSE) issued a resolution on Wednesday, 4th November 2009 to list IFC Hilal Sukuk on the Exchange that was issued by Hilal Sukuk Company. Press Release - 04Nov 12:39GMT
  •  
  • IFC Lists Its First Sukuk On NASDAQ Dubai


    The International Finance Corporation (IFC), a member of the World Bank Group, today listed its first Sukuk on NASDAQ Dubai, the international exchange serving the Middle East. Press Release - 04Nov 11:57GMT
  •  
 
 
 
MORE NEWS & ANALYSIS 
» All Islamic Finance News | All Analysis 
 
Community Buzz

Stories in Islamic Finance

Companies in Islamic Finance

Most viewed companies by Community in the last 24 hrs
Company Name Country Industry
Al Rajhi Bank Saudi Arabia Banking
Al Hilal Bank UAE Banking
Dubai Islamic Bank UAE Banking
Abu Dhabi Islamic Bank UAE Banking
Noor Islamic Bank UAE Banking
Saudi Arabian Investment Company Saudi Arabia Investment Firms and Funds
Saudi Indian Company for Cooperative Insurance Saudi Arabia Insurance
The Company for Cooperative Insurance Saudi Arabia Insurance
Islamic Corporation for the Development of the Private Sector Saudi Arabia Investment Firms and Funds
Saudi Arabian Cooperative Insurance Company Saudi Arabia Insurance
 

Projects

Most viewed projects by Community in the last 24 hrs
Project Name Country Sector
Takreer - Ruwais Refinery Expansion UAE Oil and Gas
Al Futtaim Carillion - Marina Hotel (Yas Island) UAE Real Estate
Emirates Aluminium (EMAL) - Smelter Complex - Phase 1 UAE Industry
Abu Dhabi DOT - Abu Dhabi Metro UAE Infrastructure
ENEC - Nuclear Power Plant UAE Power and Water
SATORP - Jubail Refinery and Petrochemical Complex Saudi Arabia Oil and Gas
Dubai RTA - Dubai Metro UAE Infrastructure
Al Safwa - Jeddah Cement Plant Saudi Arabia Industry
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Bahrain Infrastructure
Qatar Bahrain Causeway Foundation - Qatar Bahrain Causeway Qatar Infrastructure
 

Blogs

Top Pick 
On 4 November, 2009 the International Finance Corporation, an affiliate of the World Bank listed an Islamic bond, a Sukuk on the DIFC's international exchange, Nasdaq-Dubai. It is the first time that a non-Islamic financial institution issues a Sharia compliant security for term funding, a fact all the more important, considering that the IFC, the private sector arm of the World Bank, is a leading multilateral financial institution, founded in 1956, with a strong reputation on international markets and...
 
Nasser Saidi: Economics & Governance  blog by Nasser Saidi | 08Nov09
 
Most read blogs by Community in the last 24 hrs
1 The Sorry State of Real Estate in the UAE (Uncensored Version)
2 The Strange Relationship between the Oil Price and the Stock Market
3 Volatility of the Four Major Precious Metals and their Hedging Strategies
4 Abu Dhabi: Too fast, too curious
5 Extreme facts brought out by the 2008 Great Recession: Continuously Updated
 
 

Calendar

 EntityEvent 
01Nov Organized by dmg world media Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) (4 days from 01-04 Nov 2010)
04Oct Organized by PennWell Corporation POWER-GEN Middle East 2010 (3 days from 04-06 Oct 2010)
03Oct Organized by Riyadh Exhibitions Company Saudi Build 2010 (4 days from 03-06 Oct 2010)
07Jun Organized by BME Global WEPOWER 2010 (4 days from 07-10 Jun 2010)
25May Organized by Al-Iktissad Wal-Aamal Arab International Industrial Forum (4 days from 25-28 May 2010)
» More
 
 
 
 
Zawya Network
579 members in Islamic Finance
 
 


» Charting 06Nov09
 


» Charting 09:29 GMT 08Nov09
 
 
 
 
Post Your Tender Notices for FREE
(No Sign-in Required)
 
 
Financial Services Tenders Due Date
 
 
Zawya Select
ZawyaSelect
Bond and Beyond
Dubai's government is returning to the open bond market, unveiling plans to raise at least $6.5bn through a mix of conventional and sharia-compliant instruments, looking to bank on renewed investor interest and growing confidence in the emirate.
 

 
Tackling Standardisation
Standardisation, a long-standing issue in Islamic finance, should be addressed properly to avoid damage to consumer confidence in the retail sector and confusion in the corporate sector.
 

 
Regulatory
A $500M Swindle?
The CEO of Dubai Islamic Bank and Director of the Audit Department told a court that over $500million was swindled from the bank by CCH, a financial brokerage firm.
 
 
Company Ranking
Ranked by Market Cap 
Based on yesterday's close
| No. of Employees | Total revenue
  Company Country Market
Cap
($mil)
1 Saudi Printing and Packaging Company Saudi Arabia 269
2 Nafais Holding Company Kuwait 262
3 Privatization Holding Company Kuwait 250
4 Suez Canal Company For Technology Settling Egypt 249
5 National Leasing Holding Qatar 184
» View Full List
 
 
Related Information
Zawya Funds Analytics 
in association with Financial Express
  Companies in Islamic Finance  (193)
Loading ...
 
 
 
 
 
Quote data provided by © TickerChart
Site is optimised for viewing at 1024 x 768 with Internet Explorer v6 and Firefox v3.0 and above.
Copyright © 2009 ABQ Zawya Ltd. All rights reserved. Please read our Membership Agreement