02/10/2019
Bank Nizwa Brings Islamic Banking Closer to Corporate Customers
The series provides an in-depth presentation given by the Bank Nizwa’s Wholesale Banking division.
Islamic Finance
02/07/2019
QIIB honours four employees for exceptional performance
Al-Jamal expressed his appreciation for the sincere efforts made by the employees honoured during the past year.
02/07/2019
Dubai Islamic Bank marks listing of $750m bond
The total value of all sukuk listed on Dubai’s exchanges has now reached $61.14 billion, the largest amount of any listing center in the world
02/06/2019
ITFC strengthens its partnership with NCB
Alsaggaf said this cooperation with ITFC is in line with NCB Treasury Group’s strategic aim of expanding its counterparties while dealing in Shariah-compliant solutions.
02/06/2019
Emirates Islamic wins Human Resources Development award from Emirates Institute for Banking and Financial Studies
Bank honoured for nationalisation efforts and outstanding development programmes
02/05/2019
Abu Dhabi Islamic Bank net profit up 8.7pc to $680m
The performance was also supported by higher fee income, controlled operating expenses and improved funding costs.
02/04/2019
QIIB remains 'optimistic' about 2019 as market looks 'promising': Al-Shaibei
The portfolio set for the committed projects is worth QR421bn.
02/01/2019
SIB’s net profits up 7 per cent to Dh510 million
Board proposes 8 per cent dividend
01/31/2019
Dubai Islamic Bank Full Year 2018 Group Financial Results
Cost to income ratio for the year ended 2018 is at 28.3% compared to 30.4% at the end of 2017.
01/31/2019
UAE’s Sharjah Islamic Bank reports 6.8 pct rise in profit for 2018
Total customer deposits grew 18.5 percent to reach 26.4 billion dirhams.
01/28/2019
Qatar International Islamic Bank's results roughly in line with its Islamic banking peers in Qatar, analyst says
The bank reported a 6 percent rise in profit for 2018, weak Q4 balance sheet growth weighed on the stock price on Monday
01/28/2019
Boeing Capital mulls Islamic financing for jet purchases
Boeing may partner with financial institution in the Middle East
01/27/2019
Kuwait Finance House sees 90 pct profit jump after Bahrain deal
It will create the largest banking entity in Kuwait with assets of about $94 billion, and the sixth largest bank in the Gulf region.
01/24/2019
Dubai Islamic Bank successfully closes AT1 Perpetual Sukuk
The landmark issuance was subscribed nearly 5 times with around 40% interest generated from Asian and European investors
01/23/2019
New standards could have unintended risks to issuers
Sudden regulatory disruptions could slow down sukuk issuance
01/23/2019
Saudi’s largest lender NCB posts 3.5% rise in Q4 profit
The bank, which is in merger talks with Riyadh Bank, made a net profit of SAR2.65bn in Q4
01/23/2019
New Iraqi bank Al Mustashar goes live with ICSFS core system
ICSFS invests in its software suites by utilising modern technology in launching new products, constructing a secured and agile integration, and keeping pace with new standards and regulations worldwide.
01/22/2019
Al Salam Bank-Bahrain receives two top awards
The awards are a strong testament to the Bank’s performance and continued excellence.
01/22/2019
Standalone UAE Islamic banks unlikely to merge: analysts
A potential three-way merger led by Abu Dhabi Commercial Bank, and involving Union National Bank and the standalone Shariah-compliant Al Hilal Bank, is still in talks.
01/18/2019
Sukuk issuance holds steady
The complexity surrounding the sukuk issuance deters some from the process, while the path of oil prices and tighter liquidity are key to its market performance in 2019