Friday 29 March 2024
 
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Bank of London and The Middle East

Bank of London and The Middle East opens DIFC branch

Bank of London and The Middle East (BLME) has announced the opening of a branch in the Dubai International Financial Centre. BLME is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authorit

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BLME to fund UK research park

Bank of London and the Middle East (BLME), the largest Islamic bank in Europe whose main shareholders are Boubyan Bank and the Kuwaiti Public Institution for Social Security, has announced its funding of a facility for the development of Haverhi

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BLME arranges Islamic financing for UK firm

Bank of London and The Middle East (BLME), the largest Islamic bank in Europe, said it has sealed a key Murabaha financing agreement for UK-based Greenergy Biofuels Limited. Greenergy is a major supplier of petrol and diesel to oi

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BLME launches property advisory service

Bank of London and The Middle East (BLME) has launched a property advisory service that offers private clients support and advice in sourcing and acquiring property either as an investment or a residence. This is in response to an increase

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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 secures Bahrain licence

The Bank of London and The Middle East (BLME), a Shariah-compliant bank based in London, has received a licence from the Central Bank of Bahrain (CBB) to open an office in the kingdom. BLME provides a wide range of Shariah-compliant bankin

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Top honour for British Islamic bank

Bank of London and The Middle East (BLME), the UK-based wholesale, Sharia- compliant bank, has been awarded Best Islamic Bank in the UK by the Islamic Finance News Annual Poll for 2010. The Islamic Finance News Awards are widely recognised

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BLME adds to private banking team

Bank of London and The Middle East (BLME), the London-based Sharia’a compliant wholesale bank, has appointed Muriel Simon, Fazal Ahmed and Ihab Al-Derzi as private bankers to its private banking division. Muriel Simon joins BLME from UBS L

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BLME seals $48m property finance deal

The Bank of London and The Middle East (BLME) yesterday announced the successful completion of a £31.5 million ($47.5m) finance transaction for Premio Group Holdings. BLME arranged and funded the three-year transaction to refinance Premio&

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