Retention of customers becomes a major challenge for GCC retails banks
Around 25 per cent of GCC retail banking customers plan on switching their bank within the next year. Another 10 ...
Tag: Islamic banking industry
Ithmaar distributes $200,000 in Thimaar prizes
Ithmaar Bank, an Islamic retail-focused bank, announced the distribution of a $200,000 total prize purse to Thimaar Account winners. Together, ...
Ithmaar Bank and AUB sign $167million Morabaha deal
Bahrain-based Ithmaar Bank, an Islamic retail and commercial bank, and Ahli United Bank (AUB), a full commercial banking institution signed ...
ABG’s strategy helps the Group to emerge as the best regional institution
Bahrain-based leading Islamic banking group Al Baraka Banking Group (ABG) will continue to implement the proactive strategies aimed at serving ...
ABPL completes shares transfer and becomes the largest Islamic bank in Pakistan
Following the completion of transfer of shares process required by the State Bank of Pakistan, Al Baraka Bank Pakistan Limited ...
ABG spreads its wings in Pakistan with kick off operations of ABPL
Bahrain-headquartered Albaraka Banking Group (ABG) said on Sunday that it had widened its scope of business in Pakistan with the ...
Asset-backed business model shielded IFIs from the crisis: World Bank
Sharia principles and asset-backed business model of the Islamic finance has largely shielded the Islamic financial institutions from the effects ...