07/17/2019
Emirates Islamic’s net profit at Dh673m
Strong balance-sheet gains and growth in FX income are major contributors
Islamic Finance
07/15/2019
Islamic banks in Qatar post 8.5% profit growth in 2018: QCB governor
The report treatises the outcome of business by Islamic finance institutions in the State of Qatar to avail a knowledge base for the institutions, researchers and those who are interested in Islamic finance sector of Qatar.
07/13/2019
DP World set to raise $1.3bln in bonds and sukuk
The company is also reopening an existing conventional bond, due in 2048
07/12/2019
Global Islamic Financing Market 2019 – Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking, Dubai Islamic Bank, Emirates NBD
The report is all around created by considering its basic data in the worldwide Islamic Banking Software market, the primary elements responsible for the demand for its products and services.
07/10/2019
Bank Nizwa Cements Position as Oman’s Top Islamic Bank
Since its launch, the bank has consistently received awards year-on-year
07/10/2019
IIFM Pushes Ahead with Plan for Development of Islamic Finance
Forthcoming seminars this year are set to take place in Oman & Malaysia in September and Indonesia in November in addition to the annual IIFM Bahrain seminar in December.
07/10/2019
Bank Nizwa cements position as Oman’s top Islamic bank
Since its launch, the bank has consistently received awards year-on-year
07/10/2019
QIB recognised as “Best Islamic Bank in Qatar” at WUAB Awards
The Asian Banker Magazine awarded Mr. Bassel Gamal the CEO Leadership Achievement Award and the Best Managed Bank in Qatar in the period from January 2016, to December 2018.
07/09/2019
ADIB launches ADIB Direct unified digital banking platform that helps businesses cut costs
These features include customisable dashboards, a working capital view, cashflow forecasting, and trade finance management, which are accessible across all devices including a mobile app
07/07/2019
FIs need to embrace FinTech as an exciting opportunity: Al-Bahar
Al-Bahar added that the future success of banking lies in the hands of technology. Banks must commit significant investment into building state of the art infrastructure if they wish to keep pace with the sector’s accelerating trajectory
07/01/2019
Millennials key to the future of Islamic banking
Sharia-compliant banks step up investments in digital space to cater to this demographic
07/01/2019
CBO to host meetings on Islamic banking
Other working group meetings will deliberate on subjects such as capital adequacy for Islamic banks, resolution and recovery plans, takaful core principles and disclosure to promote transparency and market discipline for takaful and retakaful undertakings
06/30/2019
Bank Nizwa Outlines Opportunities in Islamic Finance for Wholesale Banking Customers in Sohar
Bank Nizwa, Oman’s fastest growing and leading Islamic bank, organized a special forum for Wholesale Banking clients in Sohar to highlight the opportunities available within the Islamic finance sector for their business growth.
06/26/2019
Sharjah Islamic Bank Issues Lowest Ever Additional Tier 1 USD Issue in GCC
Sharjah Islamic Bank, leading islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising USD 500 million at the lowest price of 5%.
06/25/2019
Islamic finance industry to sustain growth in 2020
As the economic cycle might turn at some stage, we believe a low-single-digit growth rate over the next two years is a fair assumption.
06/23/2019
Sharjah Islamic Bank eyes double-digit loan growth, up to $500 million bonds
SIB had total assets of 44.7 billion dirhams ($12.2 billion) as of the end of last year.
06/17/2019
QIB bags three global awards
This achievement reflects the strength of the Qatari economy and it is a result of our efforts to implement a coherent business strategy in providing Shariah-compliant banking products and services to all of our clients.
06/17/2019
Bank of Sharjah reports 51% drop in profits for 2018
Bank issues revision on preliminary results disclosed in February
06/12/2019
Central Bank of the UAE hosts Islamic Finance Workshop Towards a Diversified Financial Sector
The first session of the Executive Programme took place at CBUAE HQ in attendance of key officials from, Abu Dhabi Global Market (ADGM), Securities and Commodities Authority (SCA), Dubai Financial Services Authority (DFSA) and Insurance Authority (IA) wit
05/28/2019
IBS Intelligence reconfirms Path Solutions as number one Islamic Banking Software Provider Worldwide for tenth year
iMAL takes further market share and tops 2019 IBSI Islamic Sales League Table