Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

GIB Saudi Arabia wins Best Islamic Receivable Finance

At the Saudi Trade Finance Awards 2021

QIB Awarded ‘Bank of The Year in Qatar’

he Bank is also the first Islamic Bank in Qatar to launch an integrated Host-to-Host (H2H) Online Payment Management solution for large corporates.

Jersey Finance launches landmark study on the global attitudes to Islamic wealth management

Malaysia is highlighted as one of the most favoured trust jurisdictions alongside Jersey, UK, DIFC (UAE), British Virgin Islands.

Emirates Development Bank lends over Dhs700m to UAE’s industrial sector

The financial package was made available to companies across five sectors – industry, technology, healthcare, food security and infrastructure

National Bank of Bahrain targets a 25% market share: CEO

On cash dividends, he stated that it is among the bank’s priorities if economic conditions are improved.

Saudi Arabia Islamic Finance Market to be Dominated by Islamic Banking through 2026 – TechSci Research

Strong investments for the development of the Halal sector and infrastructure and Sukuk bonds through the electronic modes in all products and services contribute to the market growth.

State-owned Bank Syariah Indonesia to open representative office in Dubai in 2022

It will work across three key business areas: global sukuk, remittance, and trade finance

Islamic banking has grown more popular in UAE since the pandemic: Survey

‘Better technology’ has emerged as a key factor for consumers to shift to Islamic banking

Bahrain's GFH named region’s top Islamic investment bank

The MEA Finance Awards recognise financial institutions and industry individuals for their exceptional achievement and inspirational leadership in delivering innovative products and services of the highest value to their customers.

Islamic banking closing gap with conventional in UAE

However, Shariah-compliant banks lag in terms of customers' digital experience

Emirates Islamic Reveals 2021 Findings of Islamic Banking Index by Emirates Islamic

Islamic banking has grown in popularity in the UAE since 2015

Corporate segment to drive Saudi Alinma Bank's financing growth

Aljazira Capital sets target price at $6 per share with 'Neutral' rating

SABB launches first Shariah-compliant Payables Finance Solution in Saudi Arabia

The Payables Finance Solution product is based on buyer risk where the seller bears the cost of discounting

Fitch Affirms Dubai Islamic Bank at 'A'; Outlook Stable

The affirmation of DIB's IDRs and GSR reflects Fitch's view of an extremely high probability of support available to the bank from the UAE authorities if needed.

BisB Wins Award for ‘Best Islamic Bank Bahrain'

The hub additionally includes local coffee shop, Roast, which emerged as a winner of a competition hosted by the Bank last year as part of its ongoing commitment to supporting local entrepreneurs and SMEs in Bahrain.

SABB launches first Shariah-compliant Payables Finance Solution in Saudi Arabia

It added: “This product gives suppliers access to funding based on the credit standing of their buyers, and without using their own credit lines.”

Al Baraka Islamic Bank taps Layer for digital banking transformation

This new partnership will see the Dublin-based company add an additional 80,000 users to its platform.

Optimism for Abu Dhabi Islamic Bank PJSC has grown this past week, despite five-year decline in earnings

On the back of a solid 7-day performance, let's check what role the company's fundamentals have played in driving long term shareholder returns.

Ithmaar Bank announces third quarter results

The announcement, by Ithmaar Bank Chairman His Royal Highness Prince Amr Al Faisal, follows the review and approval of the Board of Directors of the Bank's consolidated financial results for the nine-month period ended 30 September 2021

Saudi Arabia gets $3.25bln with year's third international bond sale

The world's top oil exporter sold $1.25 billion in 30-year bonds at 3.36% and $2 billion in sukuk due in May 2031