Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Mideast risk scares sukuk investors away

The boycott of Qatar and renewed sanctions on Iran have increased investor unease, according to S&P

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

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.

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.

Growing Islamic finance firms lobby Britain for tax relief

Britain has actively pursued Islamic finance to become the Western world's biggest hub

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

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.

ADIB named world's best Islamic Bank by FT's The Banker Magazine

ADIB wins two further awards for Islamic Bank of the Year - UAE and Islamic Bank of the Year - Middle East

Islamic Bank of Afghanistan signs MoU with DMCC

The Islamic Bank of Afghanistan has joined the DMCC Tradeflow platform for Shari’ah compliant multi-currency transactions.

QIB wins The Banker’s ‘Islamic Bank of the Year — Qatar’ award for 6th consecutive year

‘Islamic Bank of the Year — Qatar’ also highlights the bank’s major contribution to the financial scene in Qatar and its leading position in the local banking sector.

Lombard Odier launches Islamic products as it eyes Abu Dhabi expansion

Switzerland’s oldest private bank is also contemplating a partnership in Saudi Arabia

KFH-Bahrain Wealth Management department Introducing new real estate investment opportunities

KFH-Bahrain will be launching Real Estate investment opportunities for its clients

IMF’s Islamic banking regulation framework: Playing by the rules

It will apply to both fully-fledged Islamic banks and such with Islamic windows.

Islamic banking industry grew by 8.6% from 2016 to 2017

The three countries whose data is included for the first time are Palestine, Lebanon and Qatar

"GII Islamic REIT" acquires office property in Dubai for USD 32 m.

"GII Islamic REIT" IPO will take place in November 2018

Dubai Islamic Bank donates Dh10m to ERC

Dubai Islamic provides zakat money to help meet the requirements of needy segments

QNB’s al-Kuwari among top executives featured in KPMG’s ‘2018 Global CEO Outlook’

As the pace of digital disruption accelerates and banks race to keep up with technological change, QNB is taking a holistic approach to its workforce to make sure it has the skills it needs, al-Kuwari said in the report.

QIB, QPAY to launch Qatar’s first Islamic PoS solution

This collaboration will feature the launch of a wide array of payment processing services including point of sale credit/debit cards acceptance, mobile point of sale, mobile payments, e-commerce, and online billing.

Global sukuk issuances surge 44%

The upswing is attributable to a boost from Saudi Arabia

Dubai Islamic Bank Receives Two Prestigious ISO Certifications

DIB’s Human Resources L&D Centre places significant importance in nurturing and fine-tuning the skills of the human talent at the bank.

Islamic Finance