11/28/2018
Conventional bank assets reach AED 2.26tr in UAE
There are currently 60 banks operating in the UAE
Islamic Finance
11/28/2018
Global Islamic financing requires competent leadership
Need to develop Sharia, accounting, prudential standards, market practices
11/27/2018
KFH participates in World Islamic Banking Conference
Islamic finance & sustainable economic growth in age of disruption
11/26/2018
Al Hilal Bank executes the world's first Blockchain Sukuk transaction
Blockchain was used to transact a secondary market deal in Al Hilal Bank's Senior Sukuk maturing in September 2023
11/22/2018
UK bank Rosette launches Islamic capital markets unit
This new division will have a particular focus on enabling UK public bodies access to the Islamic Capital Markets with a global reach.
11/22/2018
Bahrain Islamic Bank Awarded Global Business Outlook’s ‘Best Online Bank, Bahrain’
The award follows the Bank’s success in providing innovative digital banking solutions and advanced platforms for its customers.
11/15/2018
Oman’s US$1.5bn sovereign sukuk offering
The Linklaters team was led by Capital Markets partners Jonathan Fried and Cecil Quillen and associate Nicola Minervini.
11/12/2018
Abu Dhabi Islamic Bank gets approval to allow 25% foreign ownership
Abu Dhabi Islamic Bank's board had in 2010 approved a plan to allow foreigners to own shares in the lender
11/08/2018
Kuwait Finance House expects board to decide on AUB merger before year-end -CEO
Plans for potential mergers between banks in the Gulf have increased in the past two or three years after more moderate levels of oil prices hit state revenue, pushed up bad loans and squeezed bank profit margins.
11/07/2018
Al Hilal Bank launches an initiative to provide Automated External Defibrillators
Invests in employee training in cooperation with Abu Dhabi Police
11/06/2018
Global Finance names Boubyan bank as the best Islamic Digital Bank globally
Boubyan Bank added a new achievement to its global awards by receiving the Best Islamic Digital Bank Award, globally, for the fourth year in a row
11/06/2018
UAE banking giant FAB rebrands Islamic arm
First Abu Dhabi Bank renames Islamic banking unit as First Abu Dhabi Islamic Finance
11/06/2018
Bahrain Islamic Bank (BisB) Achieves 6.9 Million Dinars in 9 months
With an Increase of 26.2% Over the Same Period Last Year
11/06/2018
First Abu Dhabi Bank launches new brand for Islamic business
First Abu Dhabi Islamic Finance will continue to work towards establishing itself as the Islamic finance provider of choice
11/06/2018
Global Finance names Boubyan Bank as Best Islamic Digital Bank globally For the Fourth Year in A row
“The most significant aspect about this achievement is that it places Boubyan Bank, being an Arab Islamic bank, among major banks and this is a new achievement added to Kuwaiti banks as well as the banking and financial sector in Kuwait,” he a
11/06/2018
IDB to sell $567m Sukuk
Credit Agricole, LBBW as well as Natixis and Standard Chartered are reportedly arranging the transaction.
11/04/2018
Top Islamic banks vying for performance awards
Held under the patronage of His Royal Highness Prime Minister Prince Khalifa bin Salman Al Khalifa
10/31/2018
Islamic Development Bank to sell 500 million euro sukuk
Credit Agricole, LBBW, Natixis and Standard Chartered are arranging the transaction, which will be finalised later on Wednesday
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.
10/29/2018
UAE leads Islamic economy
Emirate ranks first globally across five Islamic economy sectors