National Bank of Abu Dhabi named Best Investor Relations in UAE
This award is an indication that investors appreciate the significant progress NBAD has made from an investor relations perspective. …
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Emirates Islamic Bank Becomes Emirates Islamic
Emirates Islamic Bank on Wednesday unveiled its new identity as “Emirates Islamic”. The new name is part of a comprehensive…
Dubai’s Shuaa Capital Weighs Partner or Debt in Quest for Growth
Shuaa Capital PSC may seek a joint-venture partner or raise debt to boost growth at its lending unit as the…
Libya Aims to Issue Three Islamic Bank Licenses in 2014
Libya hopes to have its first three dedicated Islamic banks operating next year to satisfy unmet demand for sharia-complaint financial…
UAE to Lead GCC Digital Banking Adoption
The UAE is one of the countries that is leading digital banking initiatives in the region and is seen as…
New Regulations May Risk Banks’ Growth Rates
High representatives from Turkish banks called for more balanced regulations for the sake of sustainable growth during a meeting organized…
NCB Capital appoints acting CEO
NCB Capital, a major provider of wealth management services in the GCC and claimed to be Saudi Arabia’s largest asset…
Islamic Mutual Funds Regrouping After Purge
Islamic mutual funds are emerging from a shakeout that has seen 105 of them close since 2011 and the departures…
Barwa Bank gets new capital financing head
Barwa Bank , Qatar's fastest growing Shariah-compliant banking service provider, has appointed Arsalaan Ahmed as its head of capital financing.…
Islamic trade finance fund is launched
EIIB-Rasmala, a venture between London-based European Islamic Investment Bank and Dubai's Rasmala Group, has launched a Sharia-compliant trade finance fund…
GCC Islamic funds enjoyed the highest fund flows post financial crisis
Gulf Islamic funds have bucked the global trend of declining assets under management in the same space in the past…
Saudi tops GCC Islamic funds market
Saudi Arabia is the second largest market for Islamic funds globally with Assets Under Management (AUMs) exceeding $6 billion, according…