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…
Islamic Finance
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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…
Boubyan Bank's profits in 2019
Boubyan Bank had reported net profit of KD 62.7 million in 2019, at a growth rate of 12% compared to…
Kuwait Finance House (KFH) press release on the acquisition of Ahli United Bank B.S.C.
Kuwait Finance House had convened the ordinary and extraordinary general assembly meeting at Sheraton hotel with a 79.156% quorum, followed…
National Bank of Bahrain set to own 78.8% of Bahrain Islamic, both banks to operate independently
Bahrain Islamic Bank will operate as a subsidiary of National Bank of Bahrain after the country’s biggest lender takes over…
Azizi Developments Partners With Dubai Islamic Bank
Azizi Developments, had signed partnership agreements with several leading banks in the region to offer its customers customised financing solutions.…
QIB recognised as ‘Best Islamic Bank in Qatar’
Qatar Islamic Bank has been recognised as the “Best Islamic Bank in Qatar” by the Islamic Finance News readers, the…
Oman Arab Bank's gets nod from Alizz board to proceed with merger
The board of Al Izz Islamic Bank, a Muscat listed Sharia-compliant lender, approved a share swap ratio for its merger…
Dubai's Noor Bank CEO to leave amid merger with DIB: sources
The chief executive of Dubai’s Noor Bank is leaving the bank, which is being acquired by Dubai Islamic Bank DISB.DU,…