Tuesday 2 September 2014
 
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BLME to seek Dubai's first listing in 4 years

Bank of London and The Middle East (BLME), Britain's largest stand-alone Islamic bank, plans to seek a listing on the Nasdaq Dubai bourse next month in what would be the emirate's first stock listing for over four years. T

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BLME eyes 15pc asset growth, stronger Gulf ties

The Bank of London and The Middle East (BLME), Britain's largest standalone Islamic bank, is targeting 15 per cent growth in assets this year, with plans for a Dubai office to help boost its capital markets and wealth management offerings.

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BLME registers $10.9m operating profit

BLME, the largest Islamic bank in Europe whose main shareholders are Kuwait's Boubyan Bank and the Kuwaiti Public Institution for Social Security, said its net operating profit before impairment charges in 2012 hit GBP7.3 million ($10.9 mill

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Australian wealth manager partners with BLME

Australian Islamic wealth manager Crescent Wealth has inked a partnership deal with Bank of London and The Middle East (BLME), the largest Islamic bank in Europe, to help Australian retail investors gain access to the booming Islamic bonds marke

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UK Islamic bank eyes Gulf rich

Sharia-compliant Bank of London and the Middle East (BLME) is targeting the thousands of rich Gulf residents who have ties to the UK to boost its corporate and private banking business. Britain's largest standalone Sharia bank was set

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London bank launches key Sharia fund

Bank of London and the Middle East (BLME) has announced the launch of a Sharia-compliant fund which targets institutional and high net-worth investors in Gulf countries. The BLME High Yield Fund targets a net return of three-month US dolla

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BLME launches private banking business

Bank of London and the Middle East (BLME), the UK Sharia’a compliant wholesale bank, has confirmed that it will be extending its wealth management division with the launch of a fully Sharia’a compliant private banking business. BLME Priva

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BLME closes $50m Al Ghadeer leasing facility

Bank of London and The Middle East (BLME) has completed a $50 million syndicated Ijara leasing facility for Al Ghadeer Marine Shipping of Dubai to fund the acquisition of the 53,000 DWT double-skinned bulk carrier Sara V. BLME advised and

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BLME names non-executive directors

Bank of London and The Middle East (BLME) has appointed two non-executive directors as part of its efforts to boost presence in the Middle East region. BLME is a FSA-authorised wholesale, Sharia’a compliant bank based in London offering a

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