07/12/2022
Islamic finance industry to witness double-digit growth in 2022-2023
Higher commodity prices are expected to underpin a stronger recovery in many core Islamic finance markets this year
Islamic Finance
07/06/2022
DIB’s collaboration with Dubai Can
Another step towards a greener world
06/30/2022
DIB becomes first Islamic bank to join ‘Buna’
The Middle East’s new clearing and settlement payment platform
06/22/2022
Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT
The award recognises the bank’s ongoing commitment to growth and excellence in Islamic banking industry
06/05/2022
Muzn Named The Banker’s Islamic Bank Of The Year 2022
Muzn has continued to upgrade its mobile app and Corporate Internet Banking platform to provide a seamless banking experience.
06/03/2022
Responding to inequality: The role of OIC nations and Islamic finance
Redistributive mechanisms in Islamic social finance are an increasingly prominent part of the quest for a more equitable distribution of wealth across all strata of society, especially in OIC countries
05/26/2022
QIB continues to introduce new features to its award-winning mobile app
The new features will provide customers with broader options and a more personalized service through the QIB Mobile App
05/25/2022
AlHuda CIBE eyes to Sierra Leone’s financial market
AlHuda CIBE lunch a mission to doorway of islamic finance in freetown
05/18/2022
Oman’s Islamic banking assets crosses RO6bn mark
The slowdown in 2020 growth was caused by the COVID-19 pandemic, combined with a sharp decline in oil prices that year.
05/05/2022
ADIB to set up asset management-focused entity
Bank says plans are part of ambitions to expand asset management business
04/27/2022
Dubai Islamic Bank 1st Quarter 2022 group financial results
Net Profits jump by a significant 58% YoY to reach to AED 1.3bln
04/26/2022
Abu Dhabi’s ADIB provides $136mn Sharia’a-compliant financing for Jubail Island construction
With coastal views, mangrove forests, and a central location, the Jubail Island community development will be home to 10,000 UAE citizens and residents within the next four years
04/25/2022
QIIB net profit rises 5% to QR294.9m in Q1
“QIIB’s various indicators have witnessed a unique stability despite all the circumstances related to the global economy."
04/20/2022
Saudi Arabia issues $2.6bn worth of riyals-denominated Sukuk in April
The first tranche has a size of SR6.402 billion maturing in 2032
04/19/2022
Mastercard recognizes QIB on the anniversary of first Islamic point of sale solution in Qatar
Launched in 2018, QIB’s PoS solution and online payment gateway was introduced to serve the Bank’s corporate customers and support their banking needs
04/19/2022
Al Baraka Islamic Bank Launches Exclusive Real Estate Financing Solutions to Customers
The Bank will be offering Sharia’a compliant real estate financing solutions to customers looking to own their own housing property from Burooj Property Development.
04/13/2022
How Islamic Finance Can Support the Gambia's Economic Development
According to him, limited access to finance is a significant obstacle to growth and a prominent indicator of the ease of doing business in developing countries.
04/13/2022
QIB wins 3 prestigious awards at Global Finance world’s best Islamic financial institutions 2022
QIB Named ‘World’s Best Islamic Corporate Bank', 'World’s Best Islamic Bank for CSR' and ‘Best Islamic Financial Institution in Qatar’
04/13/2022
QIB profit grows 14% to reach QR855m in Q1
The Bank was also able to achieve reduction in cost of funding (profit paid to Sukuk and Unrestricted Investment Account holders) enabling growth in the Net Operating Income.
04/12/2022
Emirates Islamic launches Emarati Business Account to support UAE national companies
The account can be opened within a period of 24 hours