01/23/2019
ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide.
01/22/2019
The awards are a strong testament to the Bank’s performance and continued excellence.
01/22/2019
A potential three-way merger led by Abu Dhabi Commercial Bank, and involving Union National Bank and the standalone Shariah-compliant Al Hilal Bank, is still in talks.
01/18/2019
The complexity surrounding the sukuk issuance deters some from the process, while the path of oil prices and tighter liquidity are key to its market performance in 2019
01/18/2019
Our strong performance this year has been capped with the highest ever recorded net profit of AED924 million, since our inception in 2004.
01/18/2019
Earlier on Thursday it announced an additional sale of 5 billion Qatari riyals in five-year treasury bonds offering the same yield.
01/17/2019
An average of three analysts polled forecast the bank would make a quarterly net profit of 682.2 million riyals, according to Refinitiv data.
01/17/2019
The Additional Tier 1 sukuk are perpetual, meaning they lack a maturity date, and are non-callable for a six-year period.
01/17/2019
It made a net profit of 750 million riyals ($206.0 million)during the three months to Dec. 31
01/16/2019
QIB Board of Directors proposed a dividend distribution to shareholders of QR5 per share, which is 50% of the nominal share value, subject to approval of Qatar Central Bank and QIB’s General Assembly.
01/14/2019
Full-fledged Islamic banks still retain the lion’s share of the industry, accounting for 71 percent of total assets, but their growth has been muted.
01/03/2019
Noor Bank will hold the stakes alongside other investors and limited partners
12/31/2018
The wider Middle East account for 10 per cent of the total wealth in Islamic investments
12/31/2018
UAE Central Bank asked Invest Bank to book provisions worth Dh2.199b
12/26/2018
About 89% of IDRs are driven by potential sovereign support either directly or via a parent.
12/26/2018
In the banking industry alone, Malaysia targets to reach 40% Shariah-compliant banking assets as share of overall banking assets by 2020
12/26/2018
Renowned for its Shari'a-compliant products and services catering to retail customers
12/24/2018
Gas-rich Gulf state aims to escape blockade by diversifying economy
12/24/2018
Talks among Abu Dhabi Commercial Bank, Union National Bank and privately-held Al Hilal Bank are at an advanced stage.
12/21/2018
Al Rajhi Bank faces the largest pay back, Alinma in credit