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…
Islamic Finance
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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…
Emirates Islamic announces H1 2019 financial results
Emirates Islamic announced its financial results for the period ending June 30, 2019. The Bank reported a net profit…
Kuwait central bank approves Warba Bank’s $500mln sukuk issue
Kuwait-based Warba Bank has obtained the Central Bank of Kuwait’s (CBK) preliminary approval to issue sukuk at a value not…
Emirates Islamic’s net profit at Dh673m
Emirates Islamic’s net profit for the first six months totalled Dh673 million, an increase of 39 per cent year-on-year. …
Dubai Islamic Bank Q2 profit jumps 14%
Dubai Islamic Bank has posted a 14 percent jump in its net profit for the second quarter of 2019 at…
Islamic banks in Qatar post 8.5% profit growth in 2018: QCB governor
HE the Governor of Qatar Central Bank Sheikh Abdulla bin Saoud al-Thani said Islamic finance plays a vital role within…