05/14/2018
Dubai Islamic Economy Development Centre: Islamic Economy Contributes 8% of Dubai’s GDP
Al Mansouri: Countries are now more open to adopting the UAE’s Islamic economy model
Islamic Finance
05/14/2018
The Ithmaar Holding reported a net profit of US$4.81 million for the three-month period ended 31 March 2018
The Ithmaar Holding reported a net profit of US$4.81 million for the three-month period ended 31 March 2018
05/11/2018
VEB and The Islamic Development Bank Group to Establish a Partnership Fund Amounting up to $100 mln
The joint contribution of VEB and the IDB Group to the fund's capital will amount up to $100 million. Third-party investors will be involved as well.
05/10/2018
Bank of London and the Middle East opens in DIFC
As a branch, BLME DIFC will manage client relationships, on-board new clients and arrange investment opportunities.
05/10/2018
Al Baraka Islamic Bank signs co-operation agreements with ICIEC
The agreements were signed in a private forum held in Tunisia.
05/10/2018
Sharjah Islamic Bank lists $500mln Sukuk on Nasdaq Dubai
The listing supports the continuing expansion of SIB’s Sharia’a-compliant financial activities.
05/09/2018
Al Baraka Banking Group's Q1 net income up 11pc
During the first quarter of 2018, the fluctuations of local currencies in a number of Arab and Middle Eastern countries where ABG units operate against the US dollar continued, which affected the reported growth figures of both income and balance sheet it
05/08/2018
ADIB wins Best Islamic Savings Account Provider at Yallacompare Awards
ADIB also offer other saving products such as Children Banoon Savings and Youth Savings product with free AIESEC card.
05/08/2018
KIB awarded ‘Best Customer Acquisition in Kuwait’ by CPI Financial
KIB’s Acting Chief Executive Officer & Deputy Chief Executive Officer, Mohamed El Saka, received the award on behalf of the Bank.
05/08/2018
Bahrain Islamic Bank Q1 net profit up 267 per cent
Bahrain Islamic Bank has achieved a net profit of BD 2.2 million for the period ending on 31 March 2018
05/03/2018
KFH-Bahrain Launch Mobile Application for Clients to Manage Their Credit Cards
Once the app, labelled ‘KFHB Cards’ on the two stores, is downloaded, the client will need to complete a registration process using the same information registered at KFH-Bahrain.
05/03/2018
CIBAFI launches its third Global Forum
The two-day Forum, gathered stakeholders from the Islamic finance industry, multilateral development institutions, international and national regulatory bodies, policy-makers, and academia to discuss the key emerging issues within the industry.
05/03/2018
Emirates Islamic named Best Islamic Banking Brand by Global Brands
The award reaffirms the bank’s excellence in innovation, improvement in customer service.
05/03/2018
Dubai Islamic Bank Recognized by Dubai Service Excellence Scheme for the Widest Implementation of Happiness Meter
Established in 2002, the Dubai Service Excellence Scheme is aimed at promoting excellence in customer service standards in the private sector.
05/03/2018
Islamic finance can help GCC countries achieve their Visions
Islamic finance is becoming an increasingly important area of finance that Gulf economies are tapping into to broaden their economies
05/01/2018
Strong performance of UK's regional office markets driving demand from GCC investors seeking long term secure income, says ADIB
The bank’s London-based team is offering financing support and advisory services for GCC clients.
05/01/2018
Saudi's Al Rajhi Bank Q1 net profit up 7.3 pct
Al Rajhi has reported rising profit growth for nine quarters in a row.
04/30/2018
KFH reports KD 44m net profit for Q1
Results confirm success of KFH’s strategy of innovation: Al-Marzouq
04/29/2018
Sharjah Islamic Bank net profits rose to reach 143.1 million for the first quarter 2018
As a result of these achievements, Return on Average Shareholders’ Equity (ROAE) reached 10.77% by the end of the first quarter 2018
04/27/2018
Malaysia’s Maybank Islamic in talks with regulators to launch operations in Dubai
Lender sees strong demand for sukuk and other sharia-compliant financing in the GCC