01/06/2020
The total assets of Islamic banks and windows combined, amounted to OMR4.8 billion at the end of October 2019 which constituted about 13.8 per cent of the banking system assets.
01/02/2020
Emirates Islamic has claimed many firsts in the Islamic finance market, becoming a pacesetter in the race to provide customers with digital solutions
01/02/2020
This will fuel our managed growth strategy and deepen the growing cooperation with institutional investors in the Gulf region.”
12/30/2019
CBI boss to lawmakers: If you really want to augment CBI independence, help in correcting (reforming) the banking regulations
12/29/2019
Group CEO Hisham Alrayes presided over the meeting, which was attended by shareholders, the board members besides the management and employees.
12/27/2019
Sukuks can be a sound defensive asset
12/24/2019
Mashreq Bank acted as the Structuring Bank and Documentation Agent, Emirates NBD Capital Limited acted as the Marketing and Roadshow agent
12/23/2019
Emirates Islamic currently supports the banking needs of more than 46,000 UAE-based SMEs, and its Business Banking segment has seen double-digit growth so far in 2019.
12/19/2019
Founded in 2017 by co-founders Talal Al Yaseen and Ali Taqi, YallaBit is a cryptocurrency broker that allows users to instantly buy and sell various cryptocurrencies.
12/19/2019
Launched by KFH Capital to traders in Kuwait and GCC markets
12/19/2019
The deals were booked at Standard Chartered Bank Offshore Labuan, making the deal the first Financial Market transaction for the offshore entity.
12/18/2019
Shareholders gave approval for the acquisition through an increase of DIB’s capital from 6.6 billion shares to 7.2 billion shares, with a share swap ratio of 1 new share in DIB for every 5.49 Noor Bank shares, translating into an issuance of about 6
12/17/2019
This type of finance “can promote the development of financial inclusion by targeting all those still excluded from the traditional financial system for cultural reasons.
12/12/2019
As part of the 8th Shura Sharia Fiqh Conference
12/11/2019
Pioneering proposition is aimed at large digitally-savvy population and centred around the millennials' lifestyle
12/10/2019
Bank Nizwa CEO Khalid Al Kayed said, “Islamic finance is appealing to both individuals and corporates to invest in and leverage Shari’a-compliant solutions.
12/06/2019
GII said its total assets under management has surged to $1.4 billion and it is now targeting to hit $2 billion next year.
12/05/2019
Consolidation needed in some markets which remain overbanked, says Fitch Ratings' global head of Islamic Finance
12/04/2019
One of which is SWEEP – Liquidity Management, which allows customers to set up instructions on the online portal to make end of day sweeping between accounts.
12/04/2019
Speaking on the collaboration, Saeed Al Qatami, CEO of Deyaar, said: “The timing has never been better for a financing partnership of this kind, with handover of Midtown’s Afnan District ongoing and Dania District set for completion soon.