Dubai says new sukuk to open door for long-term issues by state firms
Dubai’s government hopes its first 15-year sukuk issue an unusually long tenor for an Islamic bond will pave the way…
Financial Results
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Noor Bank announces record first quarter profit
Noor Bank, the Dubai-based Sharia-compliant lender formerly known as Noor Islamic Bank, said its first quarter profit rose to a…
National Bank of Fujairah Q1 profit jumps 27%
The National Bank of Fujairah has earned a net profit of Dh 115.3 million in Q1, 2014 compared to Dh90.7…
Dubai Investments Expects Q1 Net Profit To Rise 26%
Dubai Investments expects its first-quarter net profit to rise 26 per cent, the conglomerate said in a bourse filing on…
Adib Q1 profit up 20.4% on higher lending
Pots net profit of Dh409.5m, driven by 18.1% lending growth. Abu Dhabi Islamic Bank, the largest Shariah-compliant lender in…
Bank Sohar posts 31 growth in net profit
Bank Sohar announced its financial results for the first quarter ended March 31, 2014, with the bank's net profit jumping…
National Bank of Oman’s net profit rises by 20 per cent
National Bank of Oman on Sunday said its net profit for the first quarter of 2014 soared 20 per cent…
KFH posts KD 71 mln in 1Q net profits
KFH Chairman Hamad Al-Marzouq said his bank had achieved gross profits of KD 71.012 mln for the first quarter of…
Qatar Islamic Bank posts 15 pct profit rise
Qatar Islamic Bank reported a 15 percent increase in first-quarter net profit on Wednesday, edging ahead of analysts' expectations thanks…
Saudi Islamic bank giant losing ground as its profit slides
The world’s biggest Islamic bank is losing ground to peers in Saudi Arabia, its home market, as slowing credit growth…
National Bank Of Kuwait Q1 Net Profit Up 3.2%
National Bank of Kuwait, the Gulf Arab state’s largest commercial lender, reported a 3.2 per cent rise in first-quarter net…
Dubai’s Shuaa Capital Q1 Net Profit Dhs8.2m Vs Net Loss
Dubai-based investment bank Shuaa Capital reported Dhs8.2 million ($2.2 million) in first-quarter net profit on Sunday, driven by lending and…