Higher investment, fee income drive Abu Dhabi Islamic Bank profits higher
Abu Dhabi Islamic Bank (ADIB) reported on Sunday a 5.2 per cent increase in its net profit for the third…
Islamic Finance
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QIIB to hold meetings with potential investors in various countries
QIIB and the third largest listed Islamic bank in Qatar by total assets, appointed Standard Chartered Bank as Sole Structuring…
IILM reissues $600mln sukuk; GCC banks act as primary dealers
Malaysia-based International Islamic Liquidity Management Corporation has reissued A-1 short term sukuk worth $600 million in two series with 1-month…
BisB Appoints Khaled Waheeb Alnaser as Chief Internal Audit
Bahrain Islamic Bank has recently appointed Khaled Waheeb Alnaser as Chief Internal Audit. Prior to joining BisB, Khalid worked at…
Dubai Islamic Bank hires banks for dollar sukuk
The bank - the United Arab Emirates’ largest sharia-compliant lender - has picked Bank ABC, Dubai Islamic Bank, Emirates NBD…
Sharjah FDI Forum to host five workshops and a Dubai Financial Market roundtable
The 5th edition of Sharjah FDI Forum which will be held on November 11 – 12, 2019, will host a…
National Bank of Bahrain makes offer to buy Bahrain Islamic Bank
National Bank of Bahrain, which has a 29% stake in Bahrain Islamic Bank, has made an offer to buy the…
National Bank of Fujairah relocates its operation within Sharjah with its new branch opening
National Bank of Fujairah PJSC announced the relocation of its operation in the Emirate of Sharjah by opening its new…
CIBAFI & Ivey Business School launched this morning the 5th series of their joint Executive Programme
The General Council for Islamic Banks and Financial Institutions and Ivey Business School continue their fruitful cooperation and successfully launched…
"kfh" signs cooperation agreement with "Al-Yousifi & sons company"
Kuwait Finance House had signed a cooperation agreement with "Easa Husain Al-Yousifi & Sons Company", offering financial benefits and solutions…
Sharjah Islamic Bank Launches ‘Commodity Murabaha’ Service in Cooperation With DMCC
Sharjah Islamic Bank has recently launched a Sharia’ a compliant ‘Commodity Murabaha’ financing solution for its Corporate Banking customers, in…
GCC banks to maintain stable financial profiles in 2020
According to the World Bank, growth across the Gulf region is expected to increase from two per cent last year…