News

• 30 October, 2006

  Mashreqbank upbeat on Islamic finance

  Mashreqbank's new Islamic banking unit, poised to be launched in November, aims to win a five per cent share of the UAE's fast-growing Islamic banking market in five years, it's chief executive said.

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• 8 September, 2006

  Mashreqbank plans Islamic energy futures

  Dubai-based Mashreqbank is structuring an Islamic energy futures contract for trading on the emirate's new energy bourse next year, a senior bank official said.

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• 7 August, 2006

  Mashreqbank to launch Islamic finance unit

  Mashreqbank announced its plans to launch an independent Islamic finance subsidiary by appointing its Shariah Board.

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• 7 August, 2006

  Mashreqbank plans to launch Badr Al-Islami

  Mashreqbank, UAE's fifth-biggest bank by assets, announced its plans to launch an independent Islamic finance subsidiary by appointing its Shariah Board, to be called Badr Al-Islami.

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