01/23/2018
Al Rayan Bank wins ‘Best Islamic Bank in the UK’ honour
The bank has been named as the ‘Best Islamic Bank in the UK’ at the 2017 Islamic Finance News Awards.
Islamic Finance
01/22/2018
Dubai Islamic Bank Inspires Staff to Get ‘DIB Active’
This is a quality addition to the overall support we provide our staff - research shows that the benefits of wellness programs in the workplace include an increase in productivity and morale, a decrease in stress and even a drop in days lost to illness.
01/22/2018
Al Hilal Bank Partners With SunTec to Manage Vat for Its Customers
SunTec’s Xelerate for VAT, in its current form, has been specifically developed for the Gulf co-operation countries to cater to their newly added complexity of taxes.
01/21/2018
DIB named Fastest Growing Bank in the UAE
Dubai Islamic Bank, DIB, has been recognised as the Fastest Growing Bank in the country at this year’s International Finance Magazine Awards.
01/21/2018
Safwa Islamic Bank, MEPS ink co-op agreement
These internationally and locally-recognized cards will enable users to make secure internet purchases and to utilize ATMs and point-of-sale devices, it stated.
01/21/2018
Al Hilal Bank receives Best CSR in Islamic Banking UAE Award
CEO of Al Hilal Bank received the award on behalf of the bank from Saleh Al Akrabi, Chairman of CPI Financial and CEO of DIFC Property Management.
01/21/2018
Ajman Bank reports Dh132.61m in net profit
Islamic financing and investing assets surged 21.55% in 2017
01/18/2018
Abu Dhabi fund Goldilocks buys stake in GFH
Bahraini investment bank aiming for approval from Saudi Arabia in the first half of this year to cross-list on the Tadawul stock exchange
01/17/2018
Kuwait International Bank wins ‘Best Customer Acquisition GCC’
This latest accolade, which came as part of World Finance’s annual GCC Investment and Development Awards, was awarded to KIB after extensive deliberation by the latter’s Editorial Panel.
01/17/2018
Gatehouse Bank partners with Blueprint
I am very pleased about this partnership, as there is clear synergy with Blueprint
01/17/2018
Noor Bank and UB QFPay Release Innovative Mobile Wallet Acceptance Solution in UAE
This partnership is well aligned to the strategic focus of the bank on delivering an enhanced customer experience through digital transformation.
01/17/2018
Dubai Islamic Bank net profit up 11% on core business growth
Net profit crosses Dh4.5 billion and total income exceeds Dh10 billion
01/16/2018
Al Baraka Banking Group seeks to strengthen relations with Iraqi banks
Adnan Ahmed Yousif, President and Chief Executive of Al Baraka Banking Group and Chairman of the Bahrain Association of Banks, along with a delegation from the Union of Arab Banks, recently visited Baghdad to strengthen relations between the Bahraini bank
01/15/2018
Dividends expected to drive UAE bourses
Good results from Dubai Islamic Bank and Emirates NBD will trigger greater investments
01/15/2018
First Abu Dhabi Bank issues $610 mln formosa bond
Formosa bonds are sold in Taiwan by foreign borrowers and are denominated in currencies other than the Taiwanese dollar.
01/15/2018
Bahrain tops regional Islamic finance table
Islamic finance assets are projected to reach $3.8 trillion by 2022 from $2.2 trillion in 2016, ICD said.
01/15/2018
Sharjah Islamic Bank net profit rises to Dh478m
Bank’s board proposes to distribute 8% cash dividend
01/12/2018
Huge potential for Islamic banking in Egypt; lack of political will stymies growth
Shariah-compliant financial services can make major gains in 2018.
01/09/2018
The new investment trend: Islamic ETFs
Exchange Traded Funds, or Islamic ETFs.
01/09/2018
Minister calls for enhancing Islamic finance initiatives
Qatar Chamber chairman Sheikh Khalifa bin Jassim al-Thani said Islamic banks are playing a key role in financing the private sector projects which increased its contribution in the local market.