07/24/2018
Kuwait Finance House reports 19% rise in second quarter profit
The Islamic lender is considering a merger with Bahrain's Ahi United Bank
Islamic Finance
07/23/2018
Dubai Islamic Bank partners with Emirates Skywards
DIB expects this card to add more value to its frequent travelling customers
07/19/2018
Dubai Islamic Bank Group 1st Half 2018 Financial Results
Earnings growth driven by strong increase in income from core businesses
07/18/2018
New products, standards buoy Islamic trade finance business
Some firms are now introducing digital Islamic trade finance platforms, including Emirates Islamic Bank which has launched an online supply chain tool, CIBAFI said.
07/17/2018
KFH, Bahrain's Ahli United Bank mull possible merger
KFH said that it would provide further updates on the matter in due course.
07/16/2018
Sharjah Islamic Bank’s net profit up 4% in first half 2018
Bank’s net operating income up 9.2% to Dh524.2m
07/16/2018
Qatar Islamic Bank Q2 net profit rises, beats estimates
The bank is the second major Qatari lender to report earnings this quarter after Qatar National Bank, which reported a 6.3 percent gain in second-quarter profit.
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
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.