04/29/2024
At Arab Coordination Group Forum in Riyadh, Islamic Development Bank Unveils Multilingual Second Edition of Evaluation Glossary
04/24/2024
DIB is pleased to have reached a settlement with NMC where DIB will receive cash consideration and Holdco notes in settlement of claims.
04/22/2024
Deposits at Islamic banks and windows also recorded an increase of 14.9 percent, reaching about OMR5.6 billion.
04/22/2024
For its 31st annual World’s Best Banks, Global Finance Magazine recognized QIB for its exceptional performance and commitment to excellence in the banking sector
04/19/2024
Financing facility is the 1st of its kind by a Shariah-compliant financial institution
04/08/2024
This certification gained momentum and additional importance with the new standard
04/05/2024
Global Finance: Last year, Ahli United Bank [AUB] completed its conversion to an all-Islamic bank. Why did you choose to drop conventional banking?
03/28/2024
The bank reviewed its performance during the fiscal year ending on December 31, 2023, during which it achieved a strong financial performance
03/26/2024
New Board Members Elected
03/25/2024
QIB was awarded the World’s Best Islamic Retail Bank and Best Islamic Retail Bank in Qatar reflecting its exceptional performance
03/18/2024
Transaction gained significant market interest
03/14/2024
The digitalised payment process enhances the overall experience for both businesses and individual pilgrims by providing a seamless and user-friendly platform
03/14/2024
The Ladies Account is a Shari’a compliant savings account (based on Mudarabah principles).
03/06/2024
GII’s fully-fledged investment licence in the Kingdom, under the name Gulf International Investment Company, creates new opportunities to expand its business in the country
03/04/2024
Winning several titles at the 2023 Islamic Finance Awards
02/28/2024
The Islamic lender plans to sell benchmark-sized U.S. dollar-denominated perpetual Additional Tier 1 Capital Certificates through a special purpose vehicle
02/28/2024
With shareholders’ returns always a priority, this record-breaking financial performance led to a 45% cash dividend aggregating to an amount of around AED 3.25 billion
02/28/2024
Marking 78% increase in net profit attributable to the shareholders of the bank
02/23/2024
90% of Sukuk Rated ‘B+’
02/22/2024
The agreement marks a continuation of the successful partnership between ICD and Banque Misr, which began in 2017 with a $25mln financing line