08/13/2020
Total assets nudged down by 1% to $26.13 billion from $26.26 billion at the end of 2019. The Group said it focused on maintaining a large portion of these in liquid assets amid challenges faced during the COVID-19 pandemic.
08/07/2020
The expected return on the issue, which begins today and matures on February 4 next year, is 2.50% compared to 2.58 of the previous issue on July 9
08/07/2020
The lender postponed its merger with Bahrain's Ahli United Bank earlier this year
08/06/2020
During the event, Ala highlighted the new law Republic Act No.11439 or ‘An Act Providing for the Regulation and Organization of Islamic Banks’ and discussed the guidelines for establishment of Islamic banks and Islamic banking units in the Phi
08/06/2020
Fitch rates more Islamic banks than any other global credit rating agency, covering more than 35 Islamic finance-based issuers worldwide and more than 140 outstanding Islamic finance instruments.
08/03/2020
“Islamic banking will surely help Peza achieve its vision in promoting economic growth in the countryside,”
07/30/2020
‘At a time when the market is experiencing a gap in services and offerings compliant with Shariah rules’
07/23/2020
QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei said the bank's total revenues for the first half (H1) amounted to QR1.21bn, up 5.7% on QR1.14bn on the same period last year.
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."