IslamicFinance.de

Al Baraka is planning an expansion to France next year and the expactations are to launch a bank with a capital of 100 million euros (142 million US dollars) by the first half (H1) of 2012.
The following managers are taking part at the issue: Standard Chartered Bank, Emirates Bank, Noor Islamic Bank, Deutsche Bank, and ABC Standard.

Dubai's ICD sovereign wealth fund has launched its largest loan since its financial crisis, containing a US$2.8 billion, five-year loan refinancing.
The leaders of an Islamic tranche will be: Dubai Islamic Bank and Standard Chartered, while Citigroup, Emirates Bank and HSBC Bank have been appointed to co-ordinate a conventional tranche.