Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Pakistan's $500mln syndicated financing attracts 40% oversubscription

Emirates NBD Capital Limited acted as the Global Coordinator on the Facility. The transaction was fully subscribed by 12 banks.

Emirates Strategic Investments Company debuts $600mln sukuk

The sukuk issuance has a tenor of five years at a profit rate of 3.939% per annum

Green energy getting a boost from Islamic finance

This is where the value proposition of Islamic finance kicks in.

Sharjah Islamic Bank's Net Profit Rises to 291 Million During the First Half of 2019

As a result, liquid assets reached AED 9.0 billion or 20.4% of total assets by the end of the first half 2019.

Noor Bank reports Dh410 million H1 2019 net profit

Stringent expense management and lower impairments contributed to the surge in net profit

IIRA reaffirms credit ratings on Al Baraka Banking Group and raises the fiduciary assessment

The Group is headquartered in the Kingdom of Bahrain and has a wide geographical presence in the form of subsidiary banking units

Deloitte and ISRA Launch Islamic Finance Report Examining Rise of Green Sukuk

This is Deloitte’s second renewable energy paper analyzing industry investment trends, regulatory frameworks, stakeholders, financing strategies and success stories that help drive the value proposition for Islamic finance alternatives.

Kuwait Finance House Q2 net profit up 9.4pc year on year

The transaction will create the largest banking entity in Kuwait, with assets of about $94 billion.

Emirates Islamic announces H1 2019 financial results

Financing and investing receivables at AED 36.6 billion, up 1% from end 2018.

Kuwait central bank approves Warba Bank’s $500mln sukuk issue

The bank should also complete remaining requirements set by regulatory authorities

Emirates Islamic’s net profit at Dh673m

Strong balance-sheet gains and growth in FX income are major contributors

Islamic banks in Qatar post 8.5% profit growth in 2018: QCB governor

The report treatises the outcome of business by Islamic finance institutions in the State of Qatar to avail a knowledge base for the institutions, researchers and those who are interested in Islamic finance sector of Qatar.

DP World set to raise $1.3bln in bonds and sukuk

The company is also reopening an existing conventional bond, due in 2048

Global Islamic Financing Market 2019 – Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking, Dubai Islamic Bank, Emirates NBD

The report is all around created by considering its basic data in the worldwide Islamic Banking Software market, the primary elements responsible for the demand for its products and services.

Islamic Finance