Saturday 4 July 2015
 
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Qatar Islamic Bank

Qatar Islamic Bank raises $550m with Tier 1 sukuk

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, has raised QR2 billion ($550 million) with a Tier 1 perpetual sukuk issue, it said on Wednesday. The sale was completed on Tuesday and was i

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Qatar Islamic Bank raises $550m with Tier 1 sukuk

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, has raised QR2 billion ($550 million) with a Tier 1 perpetual sukuk issue, it said on Wednesday. The sale was completed on Tuesday and was i

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Qatar Islamic Bank approves $1.37bn sukuk

Qatar Islamic Bank , the Gulf state's largest sharia-compliant bank by assets, said on Monday its shareholders had approved the issuance of up to QR5 billion ($1.37 billion) of Tier 1-boosting sukuk. The sale would be in accor

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Qatar Islamic Bank Q4 profit up 30pc

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, reported a 30.4 per cent jump in fourth-quarter net profit on Sunday, according to Reuters calculations, beating analyst forecasts. QIB made

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Qatar Islamic ends Turkish bank stake sale talks

Qatar Islamic Bank (QIB) and Turkey's Bank Asya have ended exclusive talks over QIB acquiring a stake in the Turkish lender, four sources close to the matter told Reuters, with valuation concerns said to be behind the decision.

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QIB in talks to buy stake in Turkey bank

Qatar Islamic Bank (QIB) has entered into exclusive discussions to acquire a stake in Turkey's Bank Asya, the Qatari lender said in a statement. "QIB is seeking to finalise the transaction within the next few months, subj

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QIB joins QInvest to launch Islamic funds

Qatar Islamic Bank (QIB) has partnered with leading investment bank QInvest to launch a new range of innovative Shari’a compliant funds. The “Shiraa Funds” are a range of innovative products investing into a sele

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Qatar Islamic Bank profit drops 12.4pc

Qatar Islamic Bank (QIB), the country's fourth-largest lender by market value, reported a 12.4 per cent drop in third-quarter net profit on Sunday, missing analysts' average forecast.   The bank made a ne

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Qatar Islamic rules out 2013 sukuk issues

Qatar Islamic Bank (QIB), the Gulf state's largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before 2014, its chief executive said on Wednesday. "I don't think it will be needed;

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Qatar Islamic Bank Q1 net plunges 25pc

  Qatar Islamic Bank (QIB), the country's second-largest lender by market value, has reported a 25 per cent drop in its first-quarter net profit after booking higher provisions to meet loan loss

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