Boubyan Bank announces a successful offer for BLME Holdings plc
The offer will remain open for further acceptances until 1.00 p.m. (London time) on 19 February 2020 Boubyan Bank…
Islamic Finance
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Andersen Global Expands Middle Eastern Presence; Debuts in Palestine
Andersen Global had announced it entered into a collaboration agreement with Ramallah-based law firm, Sharp & Beyond for Legal and…
Turkish Islamic banking set for fast growth after slow start
Turkey's Islamic banking assets are set to double within 10 years from a low level as government initiatives drive growth…
Emirates NBD Announces Full Year 2019 Results
Net Profit up 44% y-o-y to AED 14.5 billion Total Assets up 37% y-o-y to AED 683 billion Emirates NBD,…
Qatar Islamic Bank Sponsors Qatar's First Franchise Conference Expo 2020
Qatar Islamic Bank has announced that it will participate in Qatar's first Franchise Conference and Expo 2020 as a support…
Turkish Treasury to issue gold-backed bonds and sukuk to corporate investors
Turkey will issue gold-backed bonds and sukuk for corporate investors, especially for retirement and investment funds, with a settlement date…
ADIB goes digital at UAE branches as it courts 'savvy' customers
Abu Dhabi Islamic Bank is digitally transforming its branch network in the UAE and investing in new products and services…
Alizz-OAB merger to provide customers with better services
The upcoming proposed merger between Alizz Islamic Bank and Oman Arab Bank will provide customers with better services and more…
Dubai Islamic Bank completes the acquisition of Noor Bank
Dubai Islamic Bank has completed the acquisition of Noor Bank through a share swap deal. As part of the agreement,…
Al Salam Bank Strengthens Ties with Seychelles
A delegation from Al Salam Bank-Bahrain headed by Group CEO Rafik Nayed met with the President of the Republic of…
Samsung Pay Expands in the UAE With New Bank Partnerships
Samsung is further enhancing UAE customers’ mobile payment experience by collaborating with First Abu Dhabi Bank and Abu Dhabi Islamic…
Why Global Islamic Finance Will Grow At Slow Rate
The global Islamic finance industry will continue to grow at a comparably slow rate of around 5% in 2019 and…