Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

QIB opens new branch at Place Vendôme Qatar

Located in the recently opened luxurious mall in Lusail

Bahrain Islamic Bank managers earn CIBAFI’s Islamic Banker Certification

The CIB programme aims to acquaint the employees to Islamic finance institutions with a more broadened understanding of the field while improving their skillset and capabilities by providing them professional knowledge that will guide them in further deve

Bank ABC Islamic wins the MENA Islamic Finance Bank of the Year award by MEED

Recognised for its innovative approach to Shari’a compliant banking and consistent performance with a clear client-centric focus

Al Salam Bank Q2 profits up 53% to $18.6m

Total shareholders’ equity decreased by 3% to BD288.3 million ($764.8 million) compared to BD296.3 million ($785.8 million) as at year ended December 31, 2021, due to dividend distribution and reduction in reserves.

Al Sanam Islamic Bank signs with ICSFS

Al Sanam Islamic Bank will provide comprehensive, Shari’a-compliant financing products and services to the Iraqi market, with a robust focus on digital banking.

QIIB announces its results for the first half of 2022

Net profit reaches QR 571 million, reflecting a growth of 5%

Oman's plan to introduce Islamic money market instruments is positive for sector

Moody's says move will also diversify Islamic lenders' assets

Qatar’s Islamic finance sector set for growth

It further added that the year looks poised for further growth and development for Qatar’s Islamic finance institutions as the economy expands in the run-up to the 2022 FIFA World Cup

BIBF announces revamp of Islamic finance levy courses

Training opportunities to elevate the Islamic finance industry in Bahrain and beyond

GFH acts as Joint Lead Manager on Dar Al Arkan's US$400mln sukuk issuance

Proceeds from the issuance will be used to further support the Company's development goals and pipeline of world-class projects

KFH wins Best Bank in Kuwait & Best Islamic Finance Bank awards

Al-Mukhaizeem expressed his pride in choosing KFH as the best bank in Kuwait for the year 2022 and the best bank in Islamic Finance

Kuwait Finance House Bahrain Provides Special Financing to People of Determination in Cooperation with Steps Rehabilitation Center

"We look forward to expanding the scope of this initiative and cooperating with other rehabilitation centers across the Kingdom to reach a larger segment of society."

Islamic finance industry to witness double-digit growth in 2022-2023

Higher commodity prices are expected to underpin a stronger recovery in many core Islamic finance markets this year

DIB’s collaboration with Dubai Can

Another step towards a greener world

DIB becomes first Islamic bank to join ‘Buna’

The Middle East’s new clearing and settlement payment platform

Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT

The award recognises the bank’s ongoing commitment to growth and excellence in Islamic banking industry

Muzn Named The Banker’s Islamic Bank Of The Year 2022

Muzn has continued to upgrade its mobile app and Corporate Internet Banking platform to provide a seamless banking experience.

Responding to inequality: The role of OIC nations and Islamic finance

Redistributive mechanisms in Islamic social finance are an increasingly prominent part of the quest for a more equitable distribution of wealth across all strata of society, especially in OIC countries

QIB continues to introduce new features to its award-winning mobile app

The new features will provide customers with broader options and a more personalized service through the QIB Mobile App

AlHuda CIBE eyes to Sierra Leone’s financial market

AlHuda CIBE lunch a mission to doorway of islamic finance in freetown