Friday 26 August 2016
 
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Noor Bank

Paladion partners with Noor Bank for info security upgrade

Paladion, a specialised information risk-management provider, said it has partnered with UAE-based Noor Bank, a leading Shari'a compliant bank, to implement the ISO Information Security Management System (ISMS). The bank has a

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Paladion partners with Noor Bank for info security upgrade

Paladion, a specialised information risk-management provider, said it has partnered with UAE-based Noor Bank, a leading Shari'a compliant bank, to implement the ISO Information Security Management System (ISMS). The bank has a

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Noor Bank issues $500m sukuk

The UAE-based Noor Bank has successfully priced its debut perpetual $500 million Tier 1 capital issuance, a statement from the bank said. In the midst of multiple regional issuers on the road looking to raise capital market fundin

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Noor Bank to help arrange Indonesian sukuk

Noor Bank plans to help arrange a sukuk or Islamic private placement on behalf of the Indonesian government, with the Dubai-based Islamic finance institution also underwriting part of the deal, a company executive said. Noor Bank

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Noor Bank marks listing of sukuk on Nasdaq Dubai

Hussain Al Qemzi, CEO of Dubai-based Noor Bank, a leading Islamic bank, today (June 30) rang the market-opening bell to celebrate the listing of a $500 sukuk on Nasdaq Dubai. The event was attended by Essa Kazim, Governor of Dubai

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Noor Bank launches $500m debut sukuk

Dubai's Noor Bank has launched a $500 million, five-year debut sukuk issue that will price later on Tuesday, a document from lead arrangers showed. The transaction was set to price at a spread of 130 basis points over midswaps

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Noor Bank appoints new treasurer

Noor Bank, Dubai, a subsidiary of Noor Investment Group, has appointed Damian White as its new treasurer. In this role, White will be responsible for managing the bank’s trading activities, investment portfolio and the sale

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Islamic banks rebranding in bid to go global

Islamic banking is based on core principles of the religion. So it is striking that some banks are removing the word "Islam" from their names - a sign of both the potential of Islamic finance to grow, and the obstacles to it becoming m

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Noor Bank becomes National Bonds distributor

Dubai-based Noor Bank said it has been appointed as a distribution agent by National Bonds Corporation (NBC), a unique UAE leader in Sharia compliant savings and investment schemes, to extend the availability of the savings programme.

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Noor Bank Q1 profit surges to record $23m

Dubai’s Noor Bank has reported record net income of Dh85 million ($23 million) for first quarter 2014, up from Dh31 million for first quarter 2013, marking an increase of 174 per cent. Return on equity improved to 14 per cen

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