07/23/2020
Sharjah Islamic Bank reports Dh251.2m net profit in first half 2020
Sharp rise in loan impairments resulted in decline profits
07/23/2020
Sharp rise in loan impairments resulted in decline profits
07/22/2020
The latest funding means that the company will continue to strengthen the platform, as well as expanding to new regional markets
07/21/2020
The bank’s revenues fell to $164mln
07/20/2020
Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking
07/20/2020
Current and Savings accounts balances up 10% from end 2019
07/16/2020
QIB’s efficient risk management framework has ensured that the H1 2020 results have not been materially impacted by the events related to Covid-19.
07/15/2020
These business owners can open account with minimum balance of Dh10,000
07/14/2020
A Fitch Ratings report issued back in March showed that growth in Turkish participation banking has already surpassed growth of conventional banks in the country in recent years.
07/13/2020
These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products
07/07/2020
Believe in the resilience of the Saudi economy
07/07/2020
Sharjah Islamic Bank offers a full package of online services through its official website and through its mobile banking solution which supports online payments through Samsung Pay or Apple Pay.
07/06/2020
Salah Amin, Chief Executive Officer, Emirates Islamic said: “At Emirates Islamic, we are extremely pleased to be named ‘Islamic Bank of the Year – UAE 2020’ by Financial Times’ The Banker publication."
07/05/2020
These statistics indicate a fundamental shift in customer behavior, and an increase in demand for a convenient and contactless banking experience
07/01/2020
There is a total of $71.09bn sukuk now listed on the exchange
06/30/2020
The financing impairment charges/average gross financing ratio increased significantly
06/29/2020
QFTH has started receiving applications from entities that are looking for a launch-pad in the Middle East to accelerate their growth.
06/24/2020
It set final price guidance at 240-245 basis points over midswaps, tightening from initial price guidance of around 250 bps
06/24/2020
Highest reduction in non-performing financing by any listed bank in GCC
06/16/2020
At the same time, we see an opportunity in the current environment for accelerating and unlocking the long term potential of the industry.
06/15/2020
In recent years, ADIB has invested heavily in innovative banking solutions as part of a digital transformation strategy.