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Deutsche Bank Recognized as Best Islamic Trustee

Custodian by Islamic Finance News
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‘Moral leadership through ethical banking model’

The UK could show global moral leadership with a new banking model built on trust, figures in the Methodist, Muslim and Church of England communities have claimed....
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UAE says U.S. targeted only one bank over Iran

ABU DHABI (Reuters) - The United States has targeted only one bank in the United Arab Emirates (UAE), Noor Islamic Bank, over its business dealings with Iran, a UAE official said on Wednesday....
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Pakistan to host International Conference on Islamic Funds

LAHORE: Financial world is banking upon the Islamic Finance and Shariah Compliant Investment Funds, in the backdrop of the current global financial crisis, which in turn is bringing a boost to the Islamic Funds and Sukuks....
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Nigeria: Islamic Banking Will Enhance Healthy Competition, By Experts

SOME financial experts have said that the introduction of none-interest banking would bring about healthy competition in the banking sector....
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BLME Signs Islamic Banking Deal With Global Marine for Wind

Bank of London and The Middle East Plc, the London-based Islamic bank, signed a 14 million-pound ($22 million) deal to help Global Marine Systems Ltd. buy a vessel to install subsea power cables at offshore wind farms. ...
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Al Baraka's Turkish unit to issue $200 million sukuk

Bahraini lender Al Baraka Bank's Turkish subsidiary will go ahead with a $200 million Islamic bond issue in the first quarter, after delaying a sale last month due to pricing concerns, the bank's chief executive said....
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The lessons from the Goldman Sachs proposed $2bn sukuk saga

As if blue chip investment bank, Goldman Sachs International, did not have any other problems in a global financial market that is already reeling in the aftermath of the banking crisis and in the wake of the ongoing euro zone sovereign debt crisis. ...
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Oman: Banks mulling to raise capital via rights issue

Omani banks are planning to raise their capital base to meet an anticipated asset growth on the back of better demand for credit....
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Qatar Islamic banking directive to set example for other markets

The deadline of Dec. 31, 2011, as per the directive issued by the Central Bank of Qatar (CBQ) in January 2011 requiring the country's conventional banks which have opened Islamic banking windows to close them down, has passed almost unnoticed. ...
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