RSS
Troubled Islamic mortgage lender Amlak said on Thursday net loss for the first-quarter soared, hurt by higher provisions and a sharp drop in revenues.
The Dubai lender made a net loss of AED53.9m ($14.67m) for the quarter, compared with a loss of AED3.1m during the same period in 2010, it said in a statement to the Dubai bourse………………………………………Full Article: Source
- About Us
- Publications
- Research
- Databases
- Traders only
- Broadcasts
- Students
- Events
- Job Board
- Shop
- Service
- Home
- Publications
- Islamic Finance Briefing
- Article
Islamic Finance Briefing - Categorized | Performance more
Dubai’s Amlak Q1 loss soars on higher provisions
| Posted on 13 May 2011 |
|
|
Article link
- Oman’s first Mena-focused Islamic fund to be launched next week
- Bankers urge Islamic banks to develop their own financial reporting standard
- Sharjah Islamic Bank launches ‘Zone’ package for companies in Al Hamriya Free Zone
- Noor Islamic Bank launches reality mobile banking app
- Japan: Food producers eye Islamic market
- MMC gets nod for RM470mln sukuk wakalah
- CBB’s monthly Sukuk Al-Ijara oversubscribed by 220pct
- UM gets RM239,000 cash rebate from Takaful Malaysia
- Financial market will grow strong with strong govt: CIMB Islamic
- CMA to prepare rules for takaful insurance
- Opalesque Exclusive: Amiri finally launches first Shariah-compliant fund of hedge funds
- Islamic hedge funds take another leap forward
- Al Safi to foray into private equity
- Dubai seeds Sharia-compliant hedge funds
- Middle East share of hedge fund assets to rise 30% to US$194 billion by 2013
- Al Safi Trust named Best Islamic Alternative Investment Product for 2009
- PSE eyes $1.4-trillion Muslim funds with shariah-compliant stocks
- Shariah Capital CEO receives award at Hedge Funds World Middle East Conference
- Arab Bank lowers interest rates on housing loans
- Natwest introduces halal mortgage (1)
- Industry specialists debate impact of global financial crisis on Islamic finance (1)
- MAS to launch Islamic bond facility early 2009 (1)
- Top 500 Islamic Financial Institutions (1)
- Mortgage sector will have to do a balancing act (1)
- Islamic finance growth will be better than the country's, says professor (1)
- Takaful Re BBB stable rating confirmed by S&P (1)
- Saniora discusses with Arab Finance House releasing Islamic bonds (1)
- Standarization of Islamic industry sought (1)
- Pakistan: Share of Islamic banking increasing (1)
- Accounting and Audit
- Banking
- Bonds (Sukuk)
- Capital Market (Equity, Mutual Funds)
- Compliance, Tax, Legal, Regulatory
- Emerging Trends
- Finance
- Financial Instruments (Credit Cards, Debts, Loans, Mort
- Funds
- Insurance (Takaful)
- Investment
- Islamic Hedge Funds
- Islamic Law / Economics
- Market Moves
- New Launches
- People
- Performance
- Private Equity
- Property, Projects, Infrastructure
- Research
- Uncategorized
- Company Information
- About Opalesque
- History
- Awards & Reviews
- Testimonials
- Privacy & Security
- Site Map
- Media Kit
- Contact
- Publications
- Alternative Market Briefing
- Alternative Alternatives
- Technical Research
- Futures Intelligence
- Commodities Briefing
- Sovereign Wealth Funds Briefing
- Opalesque Roundtables
- Research
- Alternative Alternatives
- Alternative Alternatives Faculty
- Technical Research
- Futures Intelligence
- NEW MANAGERS
- Futures Strategies
- Asia Pacific Intelligence
- Private Equity Strategies
- Products & Services
- Shop
- Webinar
- Events
- Live Chat (for Traders only)
Publisher Opalesque Ltd. is a member of the Opalesque Group. © 2001-13 Opalesque Ltd. | All rights reserved.
Please visit other member firms and services of the Opalesque Group: Hedge-Professionals Database | Opalesque.TV | Opalesque Solutions
Please visit other member firms and services of the Opalesque Group: Hedge-Professionals Database | Opalesque.TV | Opalesque Solutions