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Shuaa Capital soars as investment bank presents strategy, applies for Islamic banking The Dubai Financial Market General Index (DFMGI) gained 1.20% to reach 1,623.24, the highest index level since May 1 2012, amid strong trading volumes.
According to bank HSCB, the headline seasonally adjusted HSBC United Arab Emirates PMI™ - a composite indicator for the performance of the non-oil private sector - recorded a level of 53.8 in September, up from August’s 53.3 and “indicative of a solid improvement in operating conditions during the latest survey period”………………………………………..Full Article: Source
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Islamic Finance Briefing - Categorized | Banking, Compliance, Tax, Legal, Regulatory, Market Moves more
Shuaa Capital soars as bank unveils new strategy, applies for Islamic banking licence
| Posted on 04 October 2012 |
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