02/08/2022
Central Bank of Kuwait net foreign assets suffer biggest fall in at least 30 years
The December decrease was this year's second biggest monthly drop after March
02/08/2022
ADIB chairman says improving UAE economy will offer opportunities ‘to develop corporate and retail banking businesses’
02/07/2022
Invesco sees a boost in Shariah-related investment products in 2022
Shariah-compliant products attract the attention of investors worldwide
02/07/2022
Saudi Riyad Bank to issue dollar denominated Tier 1 capital sukuk
Amount and terms of offer to be set subject to market conditions
02/04/2022
Al-Jamal: "We work hard to provide our customers with the best and most credible and innovative features in the banking market."
02/02/2022
Customer deposits grow by $1.3bln in one year
02/01/2022
New IsDBI book details practical ways of curtailing risk in Islamic Finance
The book, titled "Heavy Tails and Coherent Risk Measures in Islamic Finance", was authored by Dr. Mahmoud Bekri, a Research Economist at IsDBI
01/28/2022
The results issued are subject to Qatar Central Bank’s approval and endorsement by shareholders at the Bank’s Annual General Assembly.
01/27/2022
Alizz Islamic Bank announces restructured Bushra Account
“The new Bushra account gives customers the opportunity to grow their funds as we help them to save and invest and eventually get to their desired financial goals. We are always keen to offer the products and services needed by our valued customers,
01/27/2022
Ithmaar Bank relaunches prize scheme
Ithmaar Bank has relaunched its Thimaar savings account, offering its holders 2,016 prizes
01/26/2022
Dubai Islamic Bank's FY net profit climbs 39% despite income drop
Bank proposes 25% dividend
01/26/2022
Emirates Islamic's net profit grows to AED 823mln for FY 2021
Operating profit improved 20% y-o-y
01/21/2022
Despite the partial recovery from the repercussions of the COVID-19 pandemic, the Bank continued its hedging policy to face the challenges
01/21/2022
Revenue rose by 17.3% YoY
01/19/2022
Sohar Bank reported to the Omani bourse on Nov. 23 expressions of interest to combine with Bank Nizwa, subject to regulatory and shareholder approvals.
01/17/2022
The banks that arranged the loan included Emirates NBD and First Abu Dhabi Bank
01/17/2022
Board proposed to distribute 57.5% cash dividends to Shareholders
01/14/2022
The leading Islamic bank’s head said the rating reflects its ability to withstand the COVID-19 pandemic.
01/12/2022
The deal will enable ADI-CF to expand its sharia-compliant financing solutions for Egyptian consumers.
01/12/2022
Sustainability themes include renewable energy, sustainable water management