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IIB sells stake in Tunisian car distributorInternational Investment Bank (IIB) has exited from its investment in Artes, a listed Tunisian-based automobile distributor, selling it at an attractive price of 7.1 Tunisian dinars ($3.5) per share through block sales on the Tunisian Stock Ex More… |
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Islamic Bank of Britain is now Al Rayan BankIslamic Bank of Britain (IBB), the UK’s only wholly Sharia compliant retail bank, announced that formal shareholder approval has been granted to change its name to Al Rayan Bank. The change signifies the beginning of a new c More… |
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British bank IBB to become Al RayanIslamic Bank of Britain (IBB), the UK’s only wholly Sharia compliant retail bank, has announced plans to change its name to Al Rayan Bank. Subject to formal shareholder approval, the change will be completed in December, sai More… |
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Islamic Bank of Britain to be rebranded ‘Al Rayan Bank’Islamic Bank of Britain (IBB), a UK-based wholly sharia compliant retail bank, has planned to change its name to Al Rayan Bank. The change will be completed in December and it follows IBB’s acquisition recently by Masraf Al More… |
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IBB accredits new shariah-compliant pension schemeIslamic Bank of Britain (IBB) has accredited the ‘Islamic Pension Trust,’ a new fully shariah-compliant auto-enrolment pension scheme. The scheme was developed by Carey Pensions UK, with guidance fr More… |
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Islamic finance ‘relevant to all faiths’A majority of non-Muslim UK consumers believe that Islamic finance is relevant to all faiths, said a recent survey. The first national survey by UK-based sharia-compliant retail bank Islamic Bank of Britain pointed out that about More… |
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IBB launches sharia-compliant cash accountIslamic Bank of Britain (IBB), the UK’s only wholly sharia-compliant retail bank, has launched its IBB Notice Cash Individual Saving Account (ISA). The account offers consumers an ethical, tax-free way to save, with an expec More… |
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UK Islamic bank closes Scottish housing dealIslamic Bank of Britain (IBB), a UK-based sharia compliant retail bank, said it has completed its first finance deal in Scotland for Al-Meezan, a non-profit, non-political organisation based in Glasgow. The deal for commerc More… |
