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GFH inks deal to place second $100m facilityGulf Finance House (GFH), a leading Middle Eastern Islamic investment bank, has signed an agreement with Deutsche Bank for the placement of its second $100 million convertible murabaha facility. The announcement is the latest in the broade More… |
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Islamic banks 'must diversify to tackle crisis'Islamic investment banks are too dependent on real estate for their investment activity and they need to diversify into other asset classes such as Islamic private equity and venture capital in order to weather economic crisis, says a new report. More… |
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Qatari bank nets $67m profitQInvest earned a profit of $67 million in the 11 months to March 31 this year with total revenue of $102.6 million. The total assets stood at $934.2 million with total equity amounting to $587.3 million. "During the first reporting period More… |
