05/21/2020
The Qatari economy, which succeeded in combating the blockade and turned it into rich opportunities, positively reflected on the various economic sectors, particularly the banking sector.
05/21/2020
Islamic banks' profitability metrics remained above conventional banks' in 2019.
05/20/2020
First Abu Dhabi Bank, the largest lender in the country, is ranked first in the UAE, fourth in the Arab world and 303rd globally.
05/20/2020
Once customers successfully apply and complete the required simple steps, the policy issuance is managed and integrated directly with Beema’s online system.
05/19/2020
The ITFC has been mainly focusing on OIC member countries in Asia and Sub-Saharan Africa last year with the aim of making global value chains more purposeful in the role they play in reducing rural poverty and ensuring food security.
05/19/2020
All bank fees and corresponding network charges will be waived
05/15/2020
Record year for the ASB Global REIT Fund
05/14/2020
Provisions for bad loans climbed 78% to 693m riyals during the reporting period
05/13/2020
Islamic financial institutions maintained good growth and higher profit in 2019, fortifying them for the difficult year ahead.
05/12/2020
As a background, the UN has formulated the SDGs as a playbook to address and eventually overcome a wide range of global economic, social, governance and environmental challenges by 2030.
05/11/2020
Credit provisions and impairments for the three months ending Mar 31 increased to 387.1 million dirhams versus 186.4 million dirhams for the same quarter in 2019.
05/08/2020
Management discussions and analysis of first quarter results ended March 31, 2020
05/08/2020
It is aimed at enabling Islamic economic activity and meet demand for greater standardisation within the sector.
05/08/2020
The Sharia-compliant lender plans to increase its international footprint by moving into India, China and Indonesia, its chief executive says
05/07/2020
Initiative is in partnership between the Ministry of Finance, IDB and DIEDC
05/05/2020
The revolving facility will be renewable every year
05/01/2020
The Fund is committed to a special financing strategy aimed at achieving attractive returns on a risk-adjusted basis of 6.50 per cent per annum by investing in leasing and other asset-based financing transactions across a wide range of sectors, credit por
04/30/2020
DIB continues to deliver profitable results amidst an extraordinary global economic environment.
04/30/2020
Other banks in the region, including Dubai’s largest bank Emirates NBD, have also increased their provisions in anticipation of the coronavirus outbreak’s impact on the credit market.
04/30/2020
Follows successful launch of Fund I by ADIB to UAE-based clients in 2019