Sharia-compliant

Type: Keyphrase
Name: Sharia-compliant
First reported Aug 18 2014 - Updated Aug 18 2014 - 1 reports

Bank Nizwa auto finance gets huge response

MUSCAT Bank Nizwa, Oman’s first Islamic Bank, has registered an increase in demand for Auto Finance. During the Holy Month of Ramadan, customers visiting any of the bank’s seven branches were eligible to apply to finance their car at a competitive profit ... [Published Oman Tribune - Aug 18 2014]
First reported Aug 17 2014 - Updated Aug 18 2014 - 1 reports

Bank Sohar SAOG : Oman's Sohar Islamic to finance housing and construction

Muscat : Further bolstering its product line-up, Bank Sohar's Islamic banking Window — Sohar Islamic, has now introduced dedicated construction financing.As with all Sohar Islamic financial products, the construction finance product is also fully compliant ... [Published 4 Traders - Aug 17 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

Kenya Re profits grow, eyes oil and gas sector

Kenya Re-insurance Corporation has recorded an increase in after-tax profit in the half-year period ended June 30, helped by growth in premiums and investment returns.The NSE-listed firm posted a 4.2 per cent rise in net profit to Sh1.24 billion compared ... [Published The Star (Kenya) - Aug 16 2014]
First reported Aug 16 2014 - Updated Aug 16 2014 - 1 reports

The SME Gap In Islamic Financing

Opportunities for SME lending in Islamic finance remain relatively untapped despite a huge demand for Sharia-compliant products in the region.ByMary Sophia2 hours agoFor most parts, the boom in Islamic finance within the GCC and indeed in North Africa ... [Published Gulf Business - Aug 16 2014]
First reported Aug 14 2014 - Updated Aug 14 2014 - 1 reports

Research and Markets: Assessment of the Saudi Arabia Sukuk Market 2014

DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/htmt4h/assessment_of_the) has announced the addition of the "Assessment of the Saudi Arabia Sukuk Market" report to their offering. The Saudi Arabia financial market ... [Published Business Wire Professional Services News - Aug 14 2014]
First reported Aug 13 2014 - Updated Aug 13 2014 - 1 reports

Path Solutions scoops Best Islamic Banking Technology Provider award

: Wednesday, August 13 - 2014 @ 17:00Islamic banking software specialist Path Solutions, was awarded ‘Best Islamic Banking Technology Provider’ for the second year in a row at the Global Banking & Finance Review Awards 2014.The Global Banking & Finance ... [Published AME Info - Aug 13 2014]
First reported Aug 12 2014 - Updated Aug 12 2014 - 1 reports

Bridging the Gulf

From private trust companies and market listings to Sharia compliance and property structures, the Channel Islands are mining a rich seam in the Middle East, as Dave Waller discoversSince 1981, the oil-producing states of Saudi Arabia, the United Arab ... [Published Businesslife.co - Aug 12 2014]
First reported Aug 11 2014 - Updated Aug 11 2014 - 2 reports

Khaleeji launches new air miles campaign

Khaleeji Commercial Bank (KHCB) has launched a consumer finance campaign with customers set to receive Gulf Air air miles equivalent to the finance amount.The finance of up to BD200,000 ($530,223) is available under the campaign which will run till September ... [Published Trade Arabia - Aug 11 2014]
First reported Aug 07 2014 - Updated Aug 07 2014 - 1 reports

Sudan : The Bank of Khartoum: Innovation in Islamic Microfinance

Where once there was barren land, the Bank of Khartoum invests in greenhouse projects and collaborates with cooperatives made up of Sudan s poor, unemployed and recent graduates to farm new crops and create opportunities for cooperative members. For the ... [Published HispanicBusiness.com - Aug 07 2014]
First reported Aug 04 2014 - Updated Aug 05 2014 - 2 reports

Path Solutions Wins CFI.co Award for ‘Best Sharia-Compliant Banking Systems’

Path Solutions has said that its flagship product iMAL, has been named winner of the CFI.co 2014 Awards in the category of ‘Best Sharia-Compliant Banking Systems’.Path Solutions is a global application software and services firm for the Islamic financial ... [Published NigeriaCommunicationsWeek - Aug 05 2014]
First reported Jul 29 2014 - Updated Jul 30 2014 - 1 reports

KCB to Launch Sharia Compliant Services

KENYA Commercial Bank plans to launch Islamic- based financial services next month after securing regulatory approvals. The regional bank already offers Sharia banking products in Tanzania. "Islamic banking proposition is part of our financial inclusion ... [Published Crawford Financial Planning - Jul 29 2014]
First reported Jul 24 2014 - Updated Jul 25 2014 - 2 reports

DIB's net profit soars 59.6pc to $181.8 million

DUBAI: Dubai Islamic Bank (DIB), the UAE's largest Sharia-compliant lender, posted a 59.6 per cent jump in second-quarter net profit yesterday, aided by higher fee and investment income.Beating analysts' forecasts, the bank made 667.5 million dirhams ... [Published Gulf Daily News - Jul 25 2014]

Quotes

"We're honored that IFN readers have once again recognized Path Solutions as a trend setter in the Islamic banking software segment, and it is great to find that thus far we are the vendor of choice for market-leading Islamic financial institutions looking to differentiate themselves and drive a competitive edge" , commented Rosie Kmeid, VP Global Corporate Communications & Marketing at Path Solutions...
"It is matter of great privilege and pleasure for us at Sohar Islamic to add yet another product in its wide portfolio by launching Construction Finance product for retail banking customers. Having a house of his/her own choice, design and taste is the dream of every individual which can now be turned into reality through our Sohar Islamic Construction Finance product" said  Mohammad Haris
"Customer demand for our luxury product remains high, and we strongly believe that the current real estate market in Dubai remains sustainable, supported by a structural and ongoing supply/demand imbalance for high end property. We have a strong brand across the Middle East and we believe this to be a true differentiator from our competitors" the company statement added
"Culture, openness and favorable taxation laws are significant push factors for Middle Eastern buyers towards Europe, and the U K in particular. Close historical, political and economic relations, as well as Britain's recent decision to become the first non-Muslim nation to issue Sharia-compliant Islamic bonds, confirm Europe as the favored destination for Middle Eastern capital" , also stated Iryna Pylypchuk of CBRE's EMEA Research and Consulting Group

More Content

All (130) | News (89) | Reports (0) | Blogs (24) | Audio/Video (0) | Fact Sheets (15) | Press Releases (1)
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MarketResearchReports.Com: Assessment of the Sa... [Published TVNewsCheck - Aug 21 2014]
Oman share index ends lower [Published HispanicBusiness.com - Aug 18 2014]
Islamic banks to benefit form Basel III capital... [Published Gulf News - Aug 18 2014]
Path Solutions selected for 7th consecutive yea... [Published Zawya.com - Aug 18 2014]
Bank Nizwa auto finance gets huge response [Published Oman Tribune - Aug 18 2014]
Bank Sohar SAOG : Oman's Sohar Islamic to finan... [Published 4 Traders - Aug 17 2014]
Kenya Re profits grow, eyes oil and gas sector [Published The Star (Kenya) - Aug 16 2014]
The SME Gap In Islamic Financing [Published Gulf Business - Aug 16 2014]
Research and Markets: Assessment of the Saudi A... [Published Business Wire Professional Services News - Aug 14 2014]
Islamic economy chief calls on banks to help SMEs [Published Abu Dhabi National - Aug 13 2014]
Path Solutions scoops Best Islamic Banking Tech... [Published AME Info - Aug 13 2014]
Dubai's Damac sees net profit soar in H1 [Published HotelierMiddleEast.com - Aug 13 2014]
Bridging the Gulf [Published Businesslife.co - Aug 12 2014]
DIB CEO Dr. Adnan Chilwan Discusses Treps Optin... [Published Gulf Bankers - Aug 12 2014]
Half Year Results [Published TrustNet - Aug 12 2014]
Assessment of the Saudi Arabia Sukuk Market [Published Research and Markets - Aug 11 2014]
Khaleeji launches new air miles campaign [Published Trade Arabia - Aug 11 2014]
Bank launches new air miles campaign [Published Gulf Daily News - Aug 11 2014]
Expectation high as Lotus Halal traded fund lis... [Published Business Day Nigeria - Aug 08 2014]
Islamic banking takes hold in Kuwait [Published Oxford Business Group - Aug 07 2014]
Middle Eastern Wealth to Invest $180 Billion in... [Published World Property Channel - Aug 07 2014]
Amlak reaches deal in $2.7bn debt and hopes to ... [Published Abu Dhabi National - Aug 07 2014]
Sudan : The Bank of Khartoum: Innovation in Isl... [Published HispanicBusiness.com - Aug 07 2014]
Dana Gas yield at record amid risky Iraq fields [Published Times of Oman - Aug 06 2014]
SABB/HSBC PMI Index two-year high lifts Tadawul... [Published AME Info - Aug 06 2014]
"Bahrain Insurance Report Q3 2014" Published [Published US PRWire - Aug 05 2014]
Dubai Islamic Economy Development Centre launch... [Published Zawya.com - Aug 05 2014]
Path Solutions Wins CFI.co Award for ‘Best Shar... [Published NigeriaCommunicationsWeek - Aug 05 2014]
Path Solutions is the 2014 Global Winner of the... [Published Zawya.com - Aug 04 2014]
Seven Strategies to Attract 40+ Million New Cus... [Published NextBillion.net - Jul 31 2014]
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Blogs

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Research and Markets: Assessment of the Saudi A... [Published Business Wire Professional Services News - Aug 14 2014]
DUBLIN--(BUSINESS WIRE)--Research and Markets (http://www.researchandmarkets.com/research/htmt4h/assessment_of_the) has announced the addition of the "Assessment of the Saudi Arabia Sukuk Market" report to their offering. The Saudi Arabia financial market ...
ACT! FOR CANADA NEWSLETTER - JULY 25, 2014 [Published Solsticewitch13's BOS - Jul 26 2014]
a href="http://s1150.photobucket.com/user/ActCAN/media/ACT%20NEW%20LOGO/logo2_zpscb00ce19.jpg.html" target="_blank"> !--[if gte mso 9]><![endif]--> “Liberty does not exist in the absence of morality.” ~  Edmund Burke ~ JOYFUL ...
MICROCAPITAL BRIEF: Pakistan-based Microfinance... [Published MicroCapital - Jul 03 2014]
The Wasil Foundation (Wasil), a nonprofit that aims to alleviate poverty through enterprise development in Pakistan, has won the 2014 Islamic Microfinance Challenge, a competition that promotes Sharia-compliant microfinance products, which prohibit interest ...
Pakistan's Wasil Foundation Wins Islamic Microf... [Published PR Newswire: Policy & Public Interest - Jun 17 2014]
WASHINGTON, June 17, 2014 /PRNewswire/ -- The Wasil Foundation, a Pakistan-based microfinance institution, won the Islamic Microfinance Challenge, a global contest to identify innovative Sharia-compliant financial products. Wasil won the $100,000 ...
A Month of Islam in Britain [Published Solsticewitch13's BOS - May 27 2014]
br />!--[if gte mso 9]><![endif]--> Visit our News page A MONTH OF ISLAM IN BRITAIN Last month, former British Prime Minister Tony Blair warned, “The threat of radical Islam is notabating. It ...
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Press Releases

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BGC Partners And The DMCC Announce Partnership ... [Published Financial Services - Mar 04 2014]
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