10/30/2018
Emirates Islamic Q3 net profit up 32pc to $197m
Headline financing to deposits ratio at 86 per cent and remains comfortably within the management’s target range, a bank statement said.
Islamic Finance
10/29/2018
UAE leads Islamic economy
Emirate ranks first globally across five Islamic economy sectors
10/29/2018
Kuwait Finance House- Bahrain launches community based banking services
The exclusive services provided through the Jazeel application will be free of charge, and include the launch of the Bahraini talent development program
10/29/2018
Islamic banking on the rise in UAE, says study
In contrast, the penetration score for conventional bank products has shrunk from 69 per cent in 2017 to 63 per cent in 2018.
10/25/2018
Emirates Islamic Bank announces winner of Dh1m
Wasim Saifi, Deputy CEO at Emirates Islamic Bank extended his warm congratulations to the lucky winner, and further motivated UAE residents to save for their future, while wishing them the best of luck.
10/23/2018
ADIB profit rises 4.5% to Dh589.5m in third quarter
Increase driven by drop in impairment costs and a rise in customer financing
10/22/2018
Islamic finance debate highlights need for standardisation
Standardisation will also lead to an increase in sukuks being traded across borders and alignment with different markets and Islamic finance banks.
10/21/2018
UAE Eager to Become World's Largest Islamic Fintech Hub
This figure is projected to grow further in the near future as new players and startups enter the market.
10/18/2018
QIB receives six awards from Global Finance
Best Islamic Financial Institution in the Middle East 2018 award
10/15/2018
KFH ‘Safest Islamic Bank in GCC 2018’: Global Finance Magazine
KFH- Group CEO receives three prestigious awards at IMF, WBG meetings
10/14/2018
Oman Arab Bank and Alizz Islamic merger ‘credit positive’, says Moody’s
A tie-up would capitalise on Oman’s fast-growing Islamic banking sector
10/11/2018
Islamic Development Bank plans $1b infra funds focused on Asia, Africa
“This is a new policy of the IDB in terms of putting a focus on thematic areas, whether its infrastructure, science and technology or other areas.”
10/08/2018
QIIB’s CEO honoured with GIFA Islamic Finance Award
GIFA based its decision to honour Dr al-Shaibei with the award on several factors
10/08/2018
Al Hilal Bank receives Human Resources and Emiratisation Award from MoHRE
We at Al Hilal Bank are proud to support the UAE government's efforts in this vital component of nation development and contributing to the knowledge-based society
10/07/2018
Transparency in Islamic Banking
None of the above statements are true and they are a serious disappointment to anyone who knows this market.
10/05/2018
Emirates Islamic strengthens commitment to Emiratisation
Bank hosts 'Recruitment Open Day' for UAE nationals
10/03/2018
Qatar Looks East to Boost Islamic Finance
Qatar has special strength in financial areas…our population is largely Muslim at more than 80%, and they long to have all sorts of financial products and services that are based on Islam
09/30/2018
Slowing GCC issuance stalls global sukuk market
Foreign currency issuance dropped 45% in the first half of 2018
09/28/2018
IDB’ $1.3bn sukuk listed on Nasdaq Dubai
Nasdaq Dubai provides the IDB and its other regional and international issuers with close links to investors around the world as well as a first class listing infrastructure.
09/26/2018
Emirates Islamic launches mortgages for non-residents
Customers can avail financing up to 50% of their UAE property value and repay over 25 years