03/17/2021
Dubai Islamic Bank Shareholders Approve 20% Dividend as Robust Growth Continues Despite Economic Challenges
DIB has proven its resilience and agility in its response to what has been one the most challenging and unpredictable years for the UAE’s business community and the world as a whole.
03/15/2021
KIB nabs 'Kuwait Deal of the Year 2020' award from IFN
As part of its growth-focused and financial development strategy
03/12/2021
This is the second issuance under the Securitization Program and follows the success of its first issuance, which was well received by the market.
03/12/2021
The packaged solution offers and delivers a depth and breadth of Sharia compliant
03/08/2021
SABIC’s Yousef Abdullah Al-Benyan, Kuwait Petroleum Corporation’s Hashem Hashem and Sonatrach’s Toufik Hakkar were also in the top 10.
03/05/2021
Customers will also be able to take advantage of the special financing offer ending on May 15th 2021
03/03/2021
-Gulf Islamic Investments acquires Altaïs Towers for approximately $300 million; the firm's largest transaction to date
03/02/2021
Global recognition awarded for ADIB-Egypt’s services, initiatives, innovation and customer excellence
03/01/2021
The bank has achieved excellent performance and successfully implemented fully automated processes for money transfers
02/28/2021
Bank mergers and consumer demand support Islamic financing assets growth in GCC
02/26/2021
The formal contract for a period of three years was signed by QIIG Group President and CEO, Ali Ibrahim Al Abdulghani and Khalid Mannai, Vice Chairman, Executive Committee of Mannai Corporation.
02/25/2021
As the issue managers and financial adviser, Sohar Islamic played a pivotal role in ensuring the successful issuance and completion of the entire activity.
02/24/2021
Supportive government policies to drive growth in Islamic banking, sukuk, takaful
02/23/2021
Simultaneously, the Bank incorporated provisions against identified and expected losses, aligned with our approved policies, and added BD 8 million (2019: BD 6.55 million) as allowance for impairment during the financial year 2020
02/19/2021
This transaction signals a strong start to the year.”
02/17/2021
Total revenues were AED13.14 billion, compared to AED13.68 billion over the same period the previous year, according to figures.
02/16/2021
ICD is offering its expertise in implementation of R2 “Restore Program” COVID-19 Support in the area of Line of Finance transactions
02/15/2021
The fact that this transaction was first completed in Qatar demonstrates that the country has a number of market leading internationally recognised Islamic financial institutions
02/15/2021
ADIB demonstrated balance sheet strength ending the year with solid liquidity, funding, and capital ratios.
02/15/2021
He added that Group Insurance scheme is a plan under which persons are collectively insured as members of a group and not as individuals.