05/10/2019
High Growth in Takaful Market 2019-2025
Nonetheless, the surplus amount invested is then employed for making investments that are helpful for earning a higher profit for the policyholders.
Islamic Finance
05/08/2019
UAE's Majid Al Futtaim markets green dollar sukuk
Green bonds are a growing category of fixed-income securities and green sukuk could widen the appeal of sukuk beyond its traditional markets in Asia and the Middle East to include ethical investors in Western countries.
05/08/2019
Islamic wealth management holds plenty of opportunities
To put that in perspective, assets under management of the wealth management division of Malaysia’s Maybank, one of the largest banks in Southeast Asia, was $8.14bn in 2018 for both conventional and Islamic wealth management.
05/08/2019
Best Islamic Financial Institutions In The World 2019: Coming Into Their Own
Growth continues for Islamic financial institutions, helped by technology and product innovations.
05/06/2019
GCC Islamic banks will likely stay resilient in 2019-2020
Their funding profiles remain healthy, dominated by core customer deposits, and capitalization is still a major positive rating factor.
04/29/2019
Nasdaq Dubai welcomes USD 1.5 billion Sukuk listing by Islamic Development Bank
IDB now has 10 Sukuk listed on the Middle East’s international financial exchange with a total value of 12.54 billion US dollars.
04/26/2019
Kuwait Finance House Bahrain Wins Best Use of Technology in Fintech Solutions Award
This remarkable achievement is a testament to our efforts to continue to improve banking services
04/26/2019
Despite uncertainties, "the future is bright"
Adnan Chilwan, the Group CEO of Dubai Islamic Bank has made it to the Top 10 from a group of 600+ companies listed on the GCC stock exchanges.
04/24/2019
Dubai Islamic Bank gets board nod to explore Noor Bank purchase
DIB obtained the green light to appoint financial advisers.
04/23/2019
Abu Dhabi Islamic Bank revenues for Q1 2019 increase by 5.3%
Management discussion & analysis for the quarter ended 31 march 2019
04/22/2019
The Rise of Islamic Banking
These behemoths keep growing
04/17/2019
QIIB wins ‘Best Islamic Bank Award 2018’ from REDMoney
QIIB won the prestigious award on the basis of a majority of experts’ votes
04/17/2019
Highest-ever growth: Emirates Islamic Q1 profit surges 97%
It is the official Islamic banking partner of Expo 2020 Dubai.
04/14/2019
DIB says it is open to acquiring other banks as part of expansion strategy
Lender's comments come after reports it is considering a takeover of Noor Bank
04/14/2019
Boubyan Bank records net profits in Q1 2019
At a growth rate of 16%
04/08/2019
BisB is a Silver Sponsor to AAOIFI Conference
Held Under the Patronage of the Central Bank of Bahrain
04/08/2019
Dubai Islamic Bank responds to reports of acquiring Noor Bank
A media report claimed Dubai Islamic Bank was in talks to buy its smaller rival
04/05/2019
First Abu Dhabi Bank strongly denies report on merger with Abu Dhabi Islamic Bank
A report claims two banks merging to create biggest lender in Middle East
04/02/2019
KFH notifies CPA of efforts to agree on ‘acquisition’ of AUB
The sources indicated that KFH is the only one which is interested in submitting the acquisition request to PCA as the only local entity in the deal.
04/02/2019
Kuwait Finance House Bahrain Wins Prestigious Ava Digital Awards
The categories in the competition include digital campaigns, audio and video production, website development, social media engagement and mobile marketing.