Emirates Strategic Investments Company debuts $600mln sukuk
Emirates Strategic Investments Company (ESIC), owned by Sheikh Mansour Bin Zayed Al Nahyan, announced the launching of $600 million in…
Islamic Finance
6037 articles found
Green energy getting a boost from Islamic finance
As demand for green and sustainable energy sources continues to grow around the world – owing to a better understanding…
Sharjah Islamic Bank's Net Profit Rises to 291 Million During the First Half of 2019
Sharjah Islamic Bank achieved a net profit of AED 290.5 million during the first half of 2019 compared to AED…
Noor Bank reports Dh410 million H1 2019 net profit
Noor Bank, a Shariah-compliant bank has announced a record net profit of Dh410 million in H1 2019, notching up a…
IIRA reaffirms credit ratings on Al Baraka Banking Group and raises the fiduciary assessment
Islamic International Rating Agency has reaffirmed the international scale ratings assigned to Al Baraka Banking Group. IIRA has also…
Islamic finance key to funding green energy projects
Islamic finance can play a significant role in financing solar and other alternative energy projects in the Middle East as…
Deloitte and ISRA Launch Islamic Finance Report Examining Rise of Green Sukuk
Deloitte’s Islamic Finance Knowledge Center in the Middle East, in collaboration with the International Shariah Research Academy, launched a new…
ADIB and Al Baraka Banking Group sign MoU to expand network
Abu Dhabi Islamic Bank, and Al Baraka Banking Group has announced that they have signed a memorandum of understanding for…
Ithmaar Bank earns prestigious regional award for its personal finance offerings
Ithmaar Bank was named “Best Bank for Personal Finance in Bahrain” by the World Union of Arab Bankers (WUAB) at…
Boubyan Bank to climb 20 percent in revenue
Revenue of Kuwait-based Boubyan Bank was revealed by reports circulating the media to be forecast to see a 20 percent…
ADIB and Al Baraka sign MoU to expand network
Abu Dhabi Islamic Bank and Al Baraka Banking Group on Sunday announced that they have signed a memorandum of understanding …
Kuwait Finance House Q2 net profit up 9.4pc year on year
Kuwait Finance House the country’s biggest Islamic lender, posted a 9.4% annual rise in net profit in the second quarter…