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Islamic Finance

04/24/2019

Dubai Islamic Bank gets board nod to explore Noor Bank purchase

DIB obtained the green light to appoint financial advisers.

04/23/2019

Abu Dhabi Islamic Bank revenues for Q1 2019 increase by 5.3%

Management discussion & analysis for the quarter ended 31 march 2019

04/22/2019

The Rise of Islamic Banking

These behemoths keep growing

04/17/2019

QIIB wins ‘Best Islamic Bank Award 2018’ from REDMoney

QIIB won the prestigious award on the basis of a majority of experts’ votes

04/17/2019

Highest-ever growth: Emirates Islamic Q1 profit surges 97%

It is the official Islamic banking partner of Expo 2020 Dubai.

04/14/2019

DIB says it is open to acquiring other banks as part of expansion strategy

Lender's comments come after reports it is considering a takeover of Noor Bank

04/14/2019

Boubyan Bank records net profits in Q1 2019

At a growth rate of 16%

04/08/2019

BisB is a Silver Sponsor to AAOIFI Conference

Held Under the Patronage of the Central Bank of Bahrain

04/08/2019

Dubai Islamic Bank responds to reports of acquiring Noor Bank

A media report claimed Dubai Islamic Bank was in talks to buy its smaller rival

04/05/2019

First Abu Dhabi Bank strongly denies report on merger with Abu Dhabi Islamic Bank

A report claims two banks merging to create biggest lender in Middle East

04/02/2019

KFH notifies CPA of efforts to agree on ‘acquisition’ of AUB

The sources indicated that KFH is the only one which is interested in submitting the acquisition request to PCA as the only local entity in the deal.

04/02/2019

Kuwait Finance House Bahrain Wins Prestigious Ava Digital Awards

The categories in the competition include digital campaigns, audio and video production, website development, social media engagement and mobile marketing.

04/01/2019

EMEA Finance Magazine Europe Names KFH “Best Islamic Bank in Bahrain”

KFH Group strives to provide a one-stop-shop banking destination offering customers the best products and services, as well as the most suitable solutions to their banking needs.

03/29/2019

Islamic finance becoming a multi-faceted industry

The trend will be underpinned by newly deployed electronic modes for all products and services and shows that Qatar is on the right way.

03/28/2019

Oman- Bank Nizwa plans to expand its branch network

Bank Nizwa's total assets grew by 25 per cent to RO873mn at the end of 2018 compared to RO697mn a year ago

03/28/2019

Al Baraka Banking Group and three subsidiary Banking Units receive Global Finance Awards

For the Seventh Successive Year

03/27/2019

Islamic finance becoming a multi-faceted industry

The trend will be underpinned by newly deployed electronic modes for all products and services and shows that Qatar is on the right way.

03/26/2019

S&P affirms QIB’s rating at ‘A-/A-2’ with stable outlook

The S&P report also highlighted that “QIB’s funding profile is now more balanced because the bank has replaced Gulf Co-operation Council deposits with core deposits from local entities.

03/25/2019

Qatar's Masraf Al Rayan hires banks for debut dollar sukuk - sources

Masraf has hired a group of banks including Barclays and Standard Chartered to arrange the deal, said the sources.

03/22/2019

Islamic banking largest sector, contributing to 71pc of industry’s assets

The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.

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