Friday 26 December 2014

Islamic Bank of Britain is now Al Rayan Bank

Islamic 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 chapter for the bank as the European subsidiary of


Citi, Zurich in 15-year deal for life insurance in Mideast

Citibank and global insurer Zurich Insurance Group have signed an exclusive 15-year strategic agreement to offer Zurich’s comprehensive life insurance solutions to Citi’s consumer clients throughout the Middle East. The deal covers the UAE and, subject to regulatory a

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