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BLME is a UK-based Shari'ah compliant bank with a branch in the Dubai International Financial Centre.
Abu Dhabi Islamic Bank (ADIB) UK, has provided financing for The Bank of London and the Middle East (BLME) to acquire a Dh120 million (Au26.95 million) Grade A office building in Edinburgh, leased to Centrica as their corporate headquarters in Scotland until 2035.
BLME is a UK Shari'ah compliant bank with a branch in the Dubai International Financial Centre, regulated by the DFSA.
I have worked at BLME for nine years and currently head up investment solutions.
But BLME is promoting an EPR of 2.30% from its three-year account, only slightly behind.
BLME is authorised by the Prudential Regulation Authority and regulated by the Financial Conduct Authority and the Prudential Regulation Authority.
The MoU was signed by ABG senior vice-president and commercial banking head Mohammed El Qaq and BLME head of wealth management Andrew Ball.
The MoU was signed by Mohammed El Qaq, Senior Vice President and Head of Commercial Banking of Al Baraka Banking Group and Andrew Ball, Head of Wealth Management of BLME. The MoU provides both parties with opportunities to collaborate and gives BLME the chance to provide focused Al Baraka clients with investment opportunities in UK real estate and other UK sectors.
Commercial property specialist Shortland Penn + Moore has sold the second phase of Innage Park in Atherstone to the BLME Light Industrial Building Fund, care of Coba Asset Management and Seven Dials Fund Management, on behalf of Moorhen Properties.
Commercial property specialist Shortland Penn & Moore has sold the second phase of Innage Park in Atherstone to the BLME Light Industrial Building Fund, care of Coba Asset Management and Seven Dials Fund Management, on behalf of Moorhen Properties.
This is EXIM's first Sukuk issue and is structured as a five year Wakala Sukuk priced at five year US Treasuries plus 140bps which will yield approximately 2.85% profit, it's issuance was welcomed by the Bank of London and the Middle East (BLME), the largest Islamic bank in Europe.
How would you describe BLME's evolution up to date?
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