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DIB named Best Islamic Finance House in UAE
Dubai, January 3, 2007


Right to left) Habib Bitar, Head of Real Estate Finance, DIB, receiving the award from Islamic Conference Group

Dubai Islamic Bank (DIB) has received the Best Islamic Finance House Award in the UAE. The award was given to DIB during the recent Islamic Real Estate Finance workshop and conference.

Habib Bitar, Head of Real Estate Finance, DIB, accepted the award during a gala ceremony that was held recently at the Burj Al Arab in Dubai. The ceremony was attended by DIB officials and other dignitaries.

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Maybank largest in Islamic banking in Asia-Pacific
08-01-2007

Malayan Banking Bhd, although not having a standalone Islamic bank, is Asia-Pacific's largest Islamic banking service provider with US$6.4 billion (RM22.48 billion) Syariah-compliant assets, according to The Asian Banker Research.

In its inaugural survey of Islamic banking institutions in the region, The Asian Bankers said the Syariah-complaint assets held by Maybank's Islamic banking window is about 50% more than Bank Islam Malaysia Bhd, the biggest full-fledged Islamic bank and second largest player in the region.

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Two new Islamic banks in '07
Published: 19/12/2006 12:00 AM (UAE)
Dubai: Dubai Holding is set to launch Al Noor Islamic Bank (ANIB), with a capital of Dh3.6 billion, to be headed by Hussain Al Qemzi, former chief executive of Sharjah Islamic Bank.

ANIB will be one of the two new Islamic banks that will start operations in the UAE early next year.
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INCEIF To Help Sri Lanka Produce Islamic Banking Professionals
COLOMBO, Nov 28 (Bernama)
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Sri Lanka is now well positioned to become a producer and supplier in Islamic banking and financial professionals with the newly established Faculty of Islamic Banking and Finance, International Centre for Education in Islamic Finance (INCEIF)’s chief executive officer Agil Natt said today.
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Challenges ahead for Islamic banking sector
By Gan Yen Kuan
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Islamic banking in Malaysia is still in its infancy and there is a long way to go to achieve full convergence of thoughts and priorities, said RHB Islamic Bank Bhd chairman Datuk Vaseehar Hassan Abdul Razack.
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