07/12/2018
Blockchain And Islamic Banking Are Working Together, And Everyone Stands To Benefit
In April, an Islamic scholar declared bitcoin permissible under Sharia law after a study conducted by Blossom Finance
Islamic Finance
07/12/2018
BisB signs deal to offer personalised concierge services
Services provided included VIP meet and assist airport services, insurance package management, delivery and courier services, luxury car transportation services, and holiday and event planning.
07/10/2018
ADIB launches 100% Capital Protected Smart and Green Energy equities basket note
The note is open for subscription until 28 July 2018
07/10/2018
Al Hilal Bank awarded for most innovative CSR campaign in the UAE
The bank launched its child safety CSR campaign a year ago
07/10/2018
QIB wins ‘Best Islamic Bank in Qatar Award’
“We are proud of winning this award of excellence as the best Islamic Bank in Qatar."
07/09/2018
Sheikh Mohammed Jarrah Al-Sabah nabs Islamic Banking Chairman of the Year Award from World Finance
Al-Jarrah has been honored by World Finance several times throughout his illustrious career, in recognition of his leadership and outstanding record of excellencAl-Jarrah has been honored by World Finance several times throughout his illustrious career, i
07/09/2018
Ajman Bank reports 53% Q2 profit rise as fee and investing income climbs
Increased income from Islamic financing helped boost profitability, bank says
06/26/2018
ADIB becomes first bank to join UAEIIC
He added: “The establishment of the UAE International Investors Council forms part of broader efforts to advance economic diversification policies that complement the expansion and growth of the UAE’s private sector as well as create a favorab
06/26/2018
Bahrain bond-Sukuk spread balloons as investors disagree on credit outlook
Bahrain has been discussing the idea of additional financial aid from Saudi Arabia and other Gulf Cooperation Council allies for over a year
06/25/2018
Islamic bond issuances set for slowdown in 2018
Declining demand for funds in GCC has resulted in absence of jumbo sukuk issues
06/25/2018
Bahrain Islamic bank relaunches premium banking services
This revamp comes as part of the bank’s ongoing commitment to the continuous development of its products and services
06/25/2018
Diversification and FDI drive Sharjah economy
Among the main contributors to Sharjah’s GDP were manufacturing; real estate; wholesale and retail trade; financial services; construction; mining and quarrying; professional, scientific and technical activities; and transportation and storage.&
06/25/2018
ADIB wins seven EMEA Finance Achievement Awards
Sevens awards, across both house and deal categories, at the EMEA Finance Achievement Awards, held in London, UK.
06/21/2018
Mideast risk scares sukuk investors away
The boycott of Qatar and renewed sanctions on Iran have increased investor unease, according to S&P
06/20/2018
Bank of Khartoum increases 2017 capital, maintains IIRA rating
The Bank maintained its IIRA rating with a long-term domestic credit rating of A- and A-1 with a stable outlook
06/19/2018
Emirates Islamic wins big at Banker ME Awards
The Banker Middle East Product Awards, sponsored by the CPI Financial Group, is one of the most distinguished awards programmes acknowledging significant developments within the financial industry in the Middle East.
06/18/2018
Dubai Islamic launches revamped website
The mobile-friendly website has been aesthetically enhanced with advanced functionality supported by the latest technology to deliver a more intuitive and user-friendly experience.
06/15/2018
Growing Islamic finance firms lobby Britain for tax relief
Britain has actively pursued Islamic finance to become the Western world's biggest hub
06/13/2018
Islamic finance industry assets surpass $2tn-mark
The report says that the strong growth momentum in Islamic finance is mainly owing to the global economic recovery in 2017
06/12/2018
Abu Dhabi Islamic Bank Funds $32.2 Million Deal Of A UK Property
Commenting on the transaction, Paul Maisfield, Head of Real Estate at ADIB UK, said: “We are increasingly seeing demand from GCC-based investors for the yield provided by regional UK commercial real estate.