http://www.zawya.com/middle-east/islamicen-usCopyright 2012 Zawya Ltd. All rights reserved.Tue, 15 May 2012 08:45:00 GMT1814476http://www.zawya.com/middle-east/islamichttp://www.zawya.com/images/newsletter_zawya_logo.gifhttp://www.zawya.com/story/Turkiye_Finans_secures_largest_Murabaha_syndicated_financing_in_participation_banking_350_million_dollars-ZAWYA20120515084524/Türkiye Finans, Turkey's leading participation bank, signed the largest murabaha syndicated deal of the participation banking with a sum of 350 million dollars. Led by ABC Islamic Bank, HSBC, Noor Islamic Bank and Standard Chartered Bank, the Consortium included a total of 29 banks from 15 countries. Tue, 15 May 2012 14:47:09 GMTPress Release ZAWYA20120515084524Openhttp://www.zawya.com/story/AM_Ratings_assigns_preliminary_AA1s_rating_to_Gulf_Sukuk_I_Companys_Sukuk_Wakalah_Programme-ZAWYA20120515094450/RAM Ratings has assigned a preliminary AA1(s) rating to Gulf Sukuk I Company BSC's proposed up to RM3.5 billion Sukuk Wakalah Medium-Term Note Programme and AA1/P1 financial institution ratings to Bahrain-based Gulf International Bank BSC.Tue, 15 May 2012 14:44:03 GMTPress Release ZAWYA20120515094450Openhttp://www.zawya.com/story/Venture_Capital_Bank_reports_net_profit_of_USD8m_for_first_quarter_2012-ZAWYA20120515103532/Bahrain-based regional Islamic investment bank, Venture Capital Bank (VCBank), announced its financial results for the first quarter of 2012. Tue, 15 May 2012 14:41:07 GMTPress Release ZAWYA20120515103532Openhttp://www.zawya.com/story/SP_rates_Qatar_Islamic_Bank_AA2_with_stable_outlook-ZAWYA20120515115045/In a move that reflects Qatar Islamic Bank's sound financial position and business strategy, Standard & Poor's recently assigned its 'A-' long-term and 'A-2' short-term counterparty credit ratings to QIB with a stable outlook rating on the long-term. Tue, 15 May 2012 12:51:17 GMTPress Release ZAWYA20120515115045Openhttp://www.zawya.com/story/Fitch_rates_Dubai_Islamic_Banks_proposed_Trust_Certificate_Issuance_Programme-ZAWYA20120515120541/Fitch Ratings has assigned Dubai Islamic Bank PJSC's (DIB) USD 2.5 billion trust certificate issuance programme a 'A(exp)'expected rating. The issuing entity under the programme is DIB Sukuk Limited (DIBSL). Tue, 15 May 2012 12:49:33 GMTPress Release ZAWYA20120515120541Openhttp://www.zawya.com/story/KLK_fully_redeems_RM500_million_Sukuk_Ijarah_programme-ZAWYA20120515094423/Kuala Lumpur Kepong Berhad ("KLK") fully redeemed its RM500 million Sukuk Ijarah Islamic Commercial Papers/Medium-Term Notes Programme (2007/2012) on the scheduled maturity date of 10 May 2012. As a result, we no longer have any rating obligations on the said facility, which had previously carried AA1/Stable/P1 ratings.Tue, 15 May 2012 10:13:47 GMTPress Release ZAWYA20120515094423Openhttp://www.zawya.com/story/Warba_Bank_acquires_a_33_million_building_in_UK-ZAWYA20120514080529/Warba Bank announced today the acquisition of the new headquarters of British Telecom (BT) located in the town of West Bromwich in the UK, which was officially opened in February 2012. The building benefits from a new 15-year lease to BT.Mon, 14 May 2012 09:48:08 GMTPress Release ZAWYA20120514080529Openhttp://www.zawya.com/story/CMH_pays_dividends_to_aircraft_leasing_Co_investors-24by7_140520120909045/Capital Management House (CMH), Bahrain based Islamic investment bank, has distributed the regular quarterly dividend, calculated at 10% per annum, to GCC investors of the bank’s Aircraft Leasing Investment Company for the first quarter of the year ended 31 March 2012.Mon, 14 May 2012 09:38:57 GMT24X7 News 24by7_140520120909045Openhttp://www.zawya.com/story/BankDhofar_inks_deal_for_Islamic_Banking_system-ZAWYA20120514032418/BankDhofar recently named Path Solutions as its Core Banking System provider for its Islamic Banking operations. This system, entitled IMAL, is the first certified core banking system for the Bank's Islamic banking operations.Mon, 14 May 2012 07:42:55 GMTOman Daily Observer ZAWYA20120514032418Openhttp://www.zawya.com/story/IDB_Group_inks_major_deal_to_spur_trade_and_investment-ZAWYA20120514035746/The World Islamic Economic Forum Foundation (WIFE Foundation) has exchanged a memorandum of understanding (MoU) with the Islamic Development Bank (IDB) Group, with the objectives of fostering cooperation and socio-economic development within the Muslim world and a special emphasis on Muslim communities in non-OIC countries.Mon, 14 May 2012 06:17:28 GMTArab News ZAWYA20120514035746Openhttp://www.zawya.com/story/Growth_in_retail_and_wholesale_banking_boosts_ADIB_results-GN_13052012_140540/Abu Dhabi Islamic Bank (ADIB) posted a net profit of Dh307.3 million for the first quarter of 2012.Mon, 14 May 2012 05:51:45 GMTGulf News GN_13052012_140540Openhttp://www.zawya.com/story/المصرف_المتحد_المصري_يطلق_أول_صندوق_نقدي_إسلامي-ZAWYA20120512192845/أعلن رئيس مجلس إدارة المصرف المتحد عن تدشين أول صندوق استثمار نقدي متوافق مع أحكام الشريعة في السوق المصرية, تحت اسم "رخاء" المتوافق مع أحكام الشريعة ذي العائد التراكمي اليومي.Sun, 13 May 2012 10:06:12 GMTAl Wafd ZAWYA20120512192845Openhttp://www.zawya.com/story/Saudi_Bank_Al_Bilads_investment_arm_launches_local_equity_fund__Report-ZW20120512000086/Saudi Arabia's Al Bilad Investment Co., or ABIC, the investment banking arm of shariah-compliant Bank Al Bilad (1140.SA), has launched an Islamic fund for investment in the shares of local companies.Sat, 12 May 2012 08:36:29 GMTZawya Dow Jones News ZW20120512000086Openhttp://www.zawya.com/story/بدء_المناقشات_لتأسيس_بنك_اسلامى_في_قطر_برأسمال_مليار_دولار-ZAWYA20120512080350/سيبدا البنك مرحلته الاولى براسمال مدفوع من قطر بقيمة 300 مليون دولار والبنك الإسلامي للتنمية وبنك البركة بقيمة 200 مليون دولار.Sat, 12 May 2012 08:34:34 GMTAl Sharq ZAWYA20120512080350Openhttp://www.zawya.com/story/PACRA_maintains_rating_of_Sukuk_issue_of_Amreli_Steels_Limited-ZAWYA20120511063721/The Pakistan Credit Rating Agency (PACRA) has maintained rating of 'A-' (Single A Minus) of privately placed secured Sukuk of PKR 880mln by Amreli Steels Limited (ASL). Fri, 11 May 2012 12:20:14 GMTPress Release ZAWYA20120511063721Openhttp://www.zawya.com/story/ABC_Islamic_Bank_announces_USD16m_net_profit_for_the_first_quarter_of_2012-ZAWYA20120510114431/ABC Islamic Bank announced a net profit of USD 1.6 million for the first quarter of 2012.Thu, 10 May 2012 13:27:58 GMTPress Release ZAWYA20120510114431Open