04/19/2018
Dubai Islamic Bank Q1 profit up 16 percent
SICO Bahrain forecast the bank would make a net profit of 1.13 billion dirhams.
Islamic Finance
04/19/2018
BisB: Hassan Jarrar Honoured Amongst Top 100 CEOs of the Gulf Region
Commenting on the occasion, Mr. Jarrar revealed: “I am delighted to receive this award and be recognized amongst the Top CEO’s of leading companies in the GCC."
04/18/2018
Emirates Islamic Announces Q1 2018 Results
The Bank's balance sheet remains strong with improvements in credit quality and liquidity.
04/18/2018
QIB beefs up mobile app features
A major functionality that the new update offers is the option of opening an additional bank account with a few taps of the screen.
04/16/2018
QIB Q1 profit jumps 12.6% to QR625.2mn
Income from financing and investing activities grew by 8.6% to QR1.44bn in end-March
04/16/2018
Qatar's Masraf Al Rayan's first quarter net profit rises 4.1 pct
It reported a net profit of 510 million riyals for the same period of last year.
04/16/2018
Ibdar Bank employees trained in Fintech
It introduced participants to the world of Bitcoin and other cryptocurrencies, in addition to the underlying technologies and their application in the financial services industry.
04/15/2018
GCC Islamic banks to outperform their conventional peers
Profitability and asset quality expected to remain strong in 2018
04/15/2018
Head of IT at Al Baraka Banking Group wins four IT awards
He stressed that these achievements underscore the capabilities of Al Baraka Banking Group to develop leadership talent that can contribute effectively at to regional and global levels in the field of information technology.
04/15/2018
Bank Muscat posts preliminary $116.3mln net profit
The bank’s net interest income from conventional banking and income from Islamic financing stood at $186.5mln
04/13/2018
Gulf Bank marks 10th anniversary
The growth in the balance sheet size, the lender said in a statement, was driven by the growth in customer deposits and additional long-term funding received for financing Small and Medium Enterprises.
04/12/2018
Moody’s: GCC Islamic banks to maintain improved asset quality
Their solvency has improved, supported by their efforts to reduce the stock of problem loans, and by their sound profitability.
04/11/2018
Director General of Insurance Authority (IA) inaugurates world’s largest Takaful forum
Renowned Industry Regulator H.E. Ebrahim Obaid Al-Zaabi, Director General, Insurance Authority (IA) delivered the inaugural address at the conference
04/11/2018
Islamic finance embracing small, medium enterprises
There is an ongoing trend in countries with Islamic finance ecosystems of discovering the importance of small and medium enterprises for economic well-being and growth.
04/10/2018
La Française looks to build range of Islamic investment products
La Française, majority owned by Credit Mutuel Nord Europe, held 66 billion euros in assets under management at the end of December.
04/10/2018
Global Finance names QIB ‘Best Islamic Financial Institution’
QIB was recogniSed by Global Finance after detailed assessments from international bankers, corporate finance executives, financial analysts and consultants.
04/06/2018
Islamic finance embraces fintech
Across the globe, fintech sandboxes instigated by regulatory bodies have helped bring new players into regulatory scope while making regulators aware of growing trends within the industry.
04/05/2018
Liquidity Provisioning Service Expands at ADX
This is the second liquidity provision agreement hosted by ADX since last year.
04/04/2018
The rise of Muslim Millennials and what it means for Islamic finance
It caused partially fundamental changes in their lifestyles and political believes and transformed social coherence among young people, while it also brought rising unemployment which caused social researchers to assume that possible long-term economic an
04/04/2018
ADIB's Etihad Guest VISA Gold named Best Premium Islamic Card at Banker ME Awards 2018
New joiners of the card will receive a welcome bonus of 35,000 Etihad Guest Miles.