IslamicFinance.de

The Chief Executive Officer of First Finance Company agrees with the Qatar Central Bank to impose greater regulation on conventional banks offering Islamic services over concerns that "unhealthy competition could lead to over-aggressive practices".
Khalid bin Ibrahim Al-Sulaiti, who is also Vice Chairman of IFS consultancy Bait Al Mushara, told Oxford Business Group (OBG), the global publishing, research and consultancy firm, that the constraints of Qatar's market also highlighted the likelihood of consolidation within the sector.

Barwa Bank announced the distribution, by mail, of share certificates. This represents the final step in the completion of the acquisition of The First Investor, First Finance Company and First Leasing Company by Barwa Bank.
Barwa Bank shareholders can update their data through one of the following channels:
By e-mail : send the template and required attachments to Investor and Shareholder Relations Department's email, investors@barwabank.com
By post : send the template and required attachments by mail to: Investor and Shareholder Relations Department at Barwa Bank, P.O.Box 27778, Doha, Qatar.
By fax : send the template and required attachments by fax to 44488676.