Islamic Arab Insurance Company Posts AED 55 Million Net Profit for 2019
Islamic Arab Insurance Company, has announced its preliminary unaudited and unreviewed financial results for the year ending 31 December 2019,…
Islamic Finance
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Building green economies impactful, sustainable and responsive, says Doha Bank CEO
Islamic finance has the potential to play a crucial role in supporting the implementation of Sustainable Development Goals, Doha Bank…
Kuwait's Boubyan Bank hires arrangers for dollar sukuk
Kuwait’s Boubyan Bank has hired international and regional banks to arrange the issuance of five-year U.S. dollar-denominated sukuk, a document…
‘Specialised Islamic banks’ to help attract more global businesses to Qatar
Islamic banks specialising in specific sectors could help bring more international companies to the country, Qatar Financial Centre CEO Yousuf…
Trowers & Hamlins expands international banking and finance offering
Trowers & Hamlins has bolstered its international banking and finance practice and its Saudi Arabian and Bahrain offering with the…
Markaz: GCC Sovereign and Corporate Issuances increased by 24% year-on-year in 2019 and UAE-based issuers led with USD 44.818 billion
Kuwait Financial Centre “Markaz”, had highlighted the trends pertaining to Bonds and Sukuk primary issuances in the GCC region during…
DAE signs deal for $300m financing facility with ENBD
Dubai Aerospace Enterprise announced on Monday it has signed a $300-million (Dh1.1 billion), five-year unsecured financing facility with Emirates Islamic…
Dubai Islamic Bank to axe 500 jobs following Noor acquisition
Dubai Islamic Bank is planning to cut more than 500 jobs at newly acquired Noor Bank as part of cost…
Boubyan Bank continues to provide banking services in Whatsapp via "Msa3ed" for the first time in Kuwait
Boubyan Bank had announced the launch of a group of outstanding digital services and products as “Msa3ed” service, the digital…
Islamic finance picks up on best practices
Socially responsible investing and Islamic finance share similar origins and aspirations. Common to both is an ethical underpinning that puts…
Bank Muscat board proposes 40% dividend for 2019
The Board of Directors of Bank Muscat, the flagship financial services provider in the Sultanate, has approved the unaudited results…
ADIB provides AED 320 million financing for healthcare facility in London and Edinburgh
Abu Dhabi Islamic Bank, ADIB, has provided through ADIB UK a combined AED 320 million (₤66.6 million) Sharia-compliant structured financing…