GulfNews - Dubai,United Arab Emirates
Dubai: Qatar Islamic Bank (QIB) and real estate company Barwa announced
today a Murabaha Sharia'-compliant financing deal worth 1.1 billion
Qatari riyals. ...
<http://www.gulfnews.com/business/Banking_and_Finance/10234921.html>

Shariah compliant Gatehouse Bank appoints Capital Markets director
Director of Finance online - UK
Michael joins Gatehouse from Abu Dhabi Islamic Bank where he spent the last
seven and a half years in a number of roles, most recently as Assistant
Vice ...
<http://www.dofonline.co.uk/economy/shariah-compliant-gatehouse-bank-appoints-capital-markets-director5623.html>

MOVES-Gatehous Bank, Altium and Taiwan Stock Exchange
Reuters - USA
Clarke joins from Abu Dhabi Islamic Bank. The pan-European
investment-banking group said it appointed Karl Green to its support
services equity research ...
<http://www.reuters.com/article/rbssFinancialServicesAndRealEstateNews/idUSBNG2898920080806>


Nigeria: Fidelity Bank to Start Islamic Banking
AllAfrica.com - Washington,USA
Fidelity bank Plc is working on strategies to start Islamic banking in its
operations, the bank's Regional Manager Alhaji Idris Yakubu has said. ...
<http://allafrica.com/stories/200808060243.html>

* increases focus on Islamic lending in Turkey
guardian.co.uk - UK
Islamic banking, under which banks do not pay or charge interest in line
with Islamic law, is fast expanding from a low base in predominantly Muslim
Turkey. ...
<http://www.guardian.co.uk/business/feedarticle/7704571>


Bank Negara Malaysia will also sell 200 million ringgit each of 40- and
63-day Islamic notes. The yield on the 4.24 percent bond due February 2018
increased ...
<http://www.bloomberg.com/apps/news?pid=20601091&sid=aJJ5MS_pRD0o&refer=india>


Bahrain's ABC net income up $192m
Middle East North Africa Financial Network - Amman,Jordan
"Our strengths in wholesale activities in treasury operations, Islamic
financial services and trade and project finance are providing additional
income ...
<http://www.menafn.com/qn_news_story_s.asp?StoryId=1093206644>

Netherlands: Arabist accuses bank of Islamist propoganda
By Esther(Esther)
It's known that Islamic schools commit fraud and for example pay for trips
to Mecca with their entrusted money, according to recent news. [ed: I know
of only one such school]. The last big Islamic bank, BCCI, went under with
a fraud of ...
<http://islamineurope.blogspot.com/2008/08/netherlands-arabist-accuses-bank-of.html>
Islam in Europe
<http://islamineurope.blogspot.com/>

The World's first Islamic Credit Card
By Pamela Geller
"The card ensures that purchases are automatically deducted from the
cardholder's account and approved only if enough funds exist within the
account," said Fozia Amanulla, chief executive officer of EonCap Islamic
Bank. ...
<http://atlasshrugs2000.typepad.com/atlas_shrugs/2008/08/the-worlds-firs.html>
Atlas Shrugs
<http://atlasshrugs2000.typepad.com/atlas_shrugs/>

MasterCard Creates an Islamic Debit Card
By 5-Pillar Scribe
MasterCard Worldwide and EonCap Islamic Bank (a member of Malaysia's Eon
Bank Group) have jointly launched what they are billing as the world's
first Islamic debit MasterCard—the EonCap Islamic Debit MasterCard. >>>>>
<http://5pillar.wordpress.com/2008/08/06/1313/>
5-Pillar Column
<http://5pillar.wordpress.com>

Islamic Financing Products: Is It For Real?
By Aleph Prime(Aleph Prime)
In addition, Britain now becoming the first European country to have
Islamic Bank (Islamic Bank of Britain), and France wants to follow suit and
about to pass a new banking regulations to allow such bank to operate. ...
<http://alephprime.blogspot.com/2008/08/islamic-financing-products-is-it-for.html>
Prime Time with Aleph Prime
<http://alephprime.blogspot.com/>