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Islamic Finance

03/26/2018

DIB launches MyHome, a new home finance product

Customers to get more choice and flexibility

03/26/2018

Dubai Islamic Bank’s ‘MyHome’ Is Set to Change UAE Home Finance Market

MyHome offers the widest range of profit rates in the UAE market giving customers greater choice and flexibility throughout the life of their home finance

03/26/2018

ADIB wins four awards at IFN Awards 2018

Best Islamic Private Bank, Syndicated Deal of the year, UAE Deal of the Year, and Musharkah Deal of the Year.

03/26/2018

Arkan Bank funding led by Dubai Investments as it sets eyes on Nasdaq

The bank’s shares are currently listed on the Dubai Financial Market.

03/22/2018

Arkan Bank could tap investors for $200mln through Nasdaq Dubai listing

Dubai Investments CEO says that it intends to retain a stake of 25% in new Islamic wholesale bank

03/22/2018

INTERVIEW-Newly empowered Saudi women to help drive growth at Al Rajhi Bank

Female demand for cars to lift loan opportunities, says CEO.

03/21/2018

UAE bankers see “huge demand” for Islamic trade finance, expect significant growth

While Abu Dhabi Commercial Bank is mainly focused on conventional trade, its Islamic trade flows have increased in the last two to three years, and, as a result, its Islamic trade products.

03/21/2018

Dubai Investments to establish new Islamic bank in UAE

Plans revealed to set up new Islamic bank in Dubai Dubai Investments announces plans to lead a consortium of investors to launch Arkan Bank

03/20/2018

DIEDC to collaborate with Turkmenistan bank

Partnership to strengthen synergies in Islamic finance sector

03/20/2018

Dubai Investments to launch sharia-compliant Arkan Bank

The bank plans to list its shares on NASDAQ Dubai within 12 months of its establishment.

03/19/2018

GCC’s Islamic banking penetration makes a big leap

Islamic financing asset growth to outpace conventional counterparts

03/19/2018

Islamic finance to grow faster than conventional finance

According to the Moody’s top official, Islamic banking penetration in the Gulf Cooperation Council increased to 45 per cent of the total banking market, as of September 2017 from 31 per cent in 2008.

03/19/2018

Maisarah wins 'Best Islamic Bank in Oman' Award 2017

The award was received by Ismail Jama Bait Isihaq, AGM & Chief Operating Officer of Maisarah at the awards distribution event which was held at the Shangri-La Hotel Dubai.

03/19/2018

Noor Bank Receives 'Generally Conforms' Rating From UAE Internal Auditors Association

Noor Bank was accredited following a rigorous assessment by the IAA’s assessment team, which evaluated the bank in a number of areas as per the international standards.

03/18/2018

Nasdaq Dubai Welcomes USD 1.25 Billion Sukuk Listing By Islamic Development Bank

IDB’s Sukuk support the bank’s economic and social advancement goals in line with Sharia'a principles.

03/18/2018

Dubai airline Emirates set to close $600m sukuk

The proceeds from the issuance will be used for aircraft financing and working capital

03/15/2018

Islamic financing to outpace conventional banking with sukuks

Moody's says sukuk issuances have more than doubled over past decade to $100 billion

03/15/2018

Oman- Islamic banking growth could slow in future: H E Amri

During the IFN Oman Forum, panel discussions were also organised in which delegates from various stakeholders discussed issues related to Shaira'a-compliant financial products.

03/15/2018

Islamic finance set to extend growth faster than conventional finance

The growth of the Islamic finance sector will continue to outstrip the growth of conventional assets across core Islamic finance markets in coming years, as demand for Shari'ah-compliant financial instruments rises, says Moody's Investors Servic

03/15/2018

Shariah compliant finance is now nearly half of GCC banking market: Moody's

Annual sukuk issuances have more than doubled to $100 billion from $42 billion from 2008 until September 2017.

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