Noor Islamic Bank, DMCC Offers UAE gold bullion coins investment

Noor Islamic Bank, DMCC Offers UAE gold bullion coins investment
Noor Islamic Bank has rolled out sales of the UAE gold bullion coins for retail buyers in denominations of one, half, quarter and one/tenth ounce in 99.99 per cent purity (24 karat). Noor is the first Islamic bank in the UAE to offer a fully-fledged product in the precious metals segment. The initiative has been ...

Dubai’s Noor Islamic Bank Seeks Business In Singapore, Malaysia

Dubai’s Noor Islamic Bank Seeks Business In Singapore, Malaysia
Noor Islamic Bank, a lender controlled by Dubai’s government, said it’s seeking business in Singapore and Malaysia as it aims to benefit from growth in Southeast Asia. “I’ll be interested in any transaction that comes up,”Hussain Al Qemzi”, chief executive officer of the United Arab Emirates-based lender, said in an interview in Singapore today. “Malaysia is the ...

Islamic Banking will globalise with effort

Islamic Banking will globalise with effort
If Islamic banking is to develop into a global alternative to conventional banking, the global financial industry must take responsibility for driving the sector forward and not rely on the regulators to lead the way, a top official said. Hussain AlQemzi, CEO of Noor Islamic Bank and a leading Middle East authority on Islamic finance, ...