Dubai : The United Arab Emirates’ (UAE) biggest free zone Dubai Multi Commodities Center (DMCC) welcomed Islamic Bank of Afghanistan as its newest member, DMCC said on on Saturday. The bank, Afghanistan’s first Islamic bank, will use service facilities of ...
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Feed SubscriptionDubai Islamic Bank to cash dividends after posting strong returns
Dubai : Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced recently that the meeting approved the distribution of 45 fills per share as cash dividend for 2017, closing another year with strong returns to ...
Read More »Muslim countries should tap into green sukuk: CIMB Islamic Bank Bhd Chief
Kuala Lumpur : Muslim countries and affinity customers should tap into the green sukuk market as it is in line with the Shariah-compliant standards, said CIMB Islamic Bank Bhd Chief Executive Officer Rafe Haneef. He said there was growing demand ...
Read More »Ghana to have first Islamic bank this year
Accra, Ghana (IINA) – The Bank of Ghana has revealed recently that Ghana could see launching operation of the first Islamic bank this year, Ghana’s online news agency Pulse.com.gh reported. The central bank earlier had to ask for an extension ...
Read More »Turkey, Indonesia underpin Islamic Banking
Kuala Lumpur, (IINA) – The Indonesian government is pushing for the formation of a new Islamic bank through the merger of four domestic banks, IslamicFinance reported. Bank Mandiri, Bank Negara Indonesia, Bank Rakyat Indonesia and Bank Tabungan Negara have been ...
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