02/22/2018
In the last couple of weeks, several major banks have disclosed that the government’s General Authority of Zakat and Tax is seeking additional zakat payments from them for years going back as far as 2002.
02/22/2018
Largest Islamic bank in the UAE celebrates the listing of a $1bn sukuk on Nasdaq Dubai
02/21/2018
The winning of these awards by ABG and its four subsidiary banking units for the fifth successive year was announced in a final result statement by the Magazine’s Award Committee.
02/21/2018
The bank was recognised for the enhancements in customer experience made to its branch network in 2017.
02/21/2018
The general assembly also approved the board’s recommendation to increase in percentage ownership of non-Qataris in QIB’s capital from 25% to 49%, as well as the distribution of 50% cash dividends at QR5 per share.
02/20/2018
The first tranche of the sukuk Al Wakalah with a size of OMR50 million has been successfully closed by way of private placement.
02/16/2018
Black magic is condemned by Islam as blasphemous.
02/14/2018
Awards recognize KFH Group’s outstanding performances in all fields
02/14/2018
Noor Bank was named a winner of the Best Social Media Customer Experience for implementing a meticulous and well thought-out social media strategy that in addition to deploying technology focused on improving the user experience.
02/13/2018
Sukuk are a common funding tool in the Gulf, used predominantly by Islamic banks, sovereigns and sovereign-linked firms, but issuance from private companies is seen as an important step to deepen the market.
02/13/2018
The expansion of Dubai Outlet Mall will see 3mln sq ft added to the existing 1.1mln sq ft of built up area.
02/12/2018
The volume of deposits has recorded 205 billion pounds by last December, seizing 6.5 percent of the volume of
02/12/2018
Dr. Fakhro stated that total operating income for the last quarter of 2017 amounted to BD 10.3 million compared to BD 13.1 million for the same period last year.
02/09/2018
This thinking has already been happening. It is the will and intention of the Tadawul to grow itself and become the biggest stock exchange in the region.
02/09/2018
Nine conventional banks and financial institutions are already offering branchless banking services in Pakistan in collaboration with mobile phone services firms and technology companies.
02/08/2018
In a conversation with Robin Amlôt, Consultant at CPI Financial, Steve Bertamini, CEO of Al Rajhi Bank, talks about the bank’s performance in 2017 and its plans in the economic development of the Kingdom of Saudi Arabia.
02/06/2018
Lender plans to spend about $136m over next 3 years, mainly on technology upgrades to improve services and lower costs
02/05/2018
Full-year net profit in 2017 rose 17.7 per cent to Dh2.3 billion from Dh1.95bn
02/05/2018
Sheikh Saleh bin Mohamed bin Hamad Al Sharqi, chairman of NBF, said: "NBF has delivered strong performance through its renewed focus on being the financial partner for business, and meeting its customers' professional and personal needs."
02/04/2018
KFH Capital: Management, Arrangement and Issuance of US$ 1 Billion Sukuks for Dubai Islamic Bank