The Halal Times
Global Halal, Islamic Finance News At Your Fingertips
UK Islamic Banks are expanding services to cater for London based property financing demand. QIB UK, part of the Qatar Islamic Bank group, and Al Rayan bank a UK subsidiary of Qatar based Masraf Al Rayan have both recently expanded offices and services to meet demand. QIB Begins offering Murabaha Facilities QIB-UK, has begun providing …
Turkey and Indonesia are working on a lender project that will operate in compliance with Islamic law. Though talks are ongoing, the project titled “megabank” is expected to contribute to Turkey’s aim to expand the share of participation banking in the Turkish financial sector. Deputy Prime Minister Mehmet Şimşek, who held a meeting with the …
Path Solutions, an international core banking system provider for the Islamic financial services industry, today announced that its Group Chairman & CEO, Mohammed Kateeb, was named ‘Best Islamic Finance Technology CEO of the Year EMENA 2017’ by Global Banking & Finance Review. Member of UK-based GBAF Publications Ltd, Global Banking & Finance Review is a …
A legal “fighting fund” is planned by the Halal Food Authority (HFA), the certification body, to meet what it said was an increasing number of malicious attacks on the sector. The initiative was announced by Saqib Mohammed, chief executive of the HFA on the first day of its two-day conference, held in London last month. …
Al Rayan Bank has opened a new office in London’s West End to support its growing commercial finance business. The expansion follows the appointment of two new recruits from Nationwide Building Society in April, which increased the bank’s commercial property team to 11 frontline staff. Commercial property financing was the fastest-growing element of Al Rayan …
