Sharjah Islamic Bank eyes double-digit loan growth, up to $500 million bonds
Sharjah Islamic Bank (SIB), which will conclude in London on Monday a series of investor meetings ahead of an Islamic…
Islamic Finance
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Sharjah Islamic Bank mandates banks for capital boosting sukuk
United Arab Emirates’ Sharjah Islamic Bank has hired banks to arrange investor meetings ahead of an issuance of U.S. dollar-denominated…
QIB bags three global awards
The Banker Magazine has named QIB the 'Best Islamic Bank Middle East, 'Best Islamic Bank Qatar, and 'Best Islamic Bank…
Bank of Sharjah reports 51% drop in profits for 2018
Bank of Sharjah revised on Sunday its earnings figures for 2018, reporting a 51 per cent year-on-year drop in its…
UAE's Sharjah Islamic Bank readies capital-boosting dollar sukuk
United Arab Emirates' Sharjah Islamic Bank is expected to issue U.S. dollar-denominated sukuk, or Islamic bonds, by the end of…
Second Merger Wave May Hit U.A.E. Lenders as Industry Shrinks
Banks in the United Arab Emirates may go through a second wave of consolidation as lenders seek to improve profitability…
Central Bank of the UAE hosts Islamic Finance Workshop Towards a Diversified Financial Sector
The Central Bank of the UAE (CBUAE), in coordination with Higher Sharia Authority (HSA), hosted a half-day workshop on June…
Dubai Islamic Bank Board Recommends Buying Local Competitor
Dubai Islamic Bank PJSC is proceeding with plans to acquire a smaller local rival as the United Arab Emirates’ biggest…
Retail banking strategy to drive asset growth
Emirates Islamic’s balance sheet is dominated by retail banking assets and going forward, this will continue to be the key…
Al-Nahedh: Remarkable Progress in Digital Transformation Strategy
Group CEO of Kuwait Finance House (KFH), Mazin Saad Al Nahedh said that KFH operates in different jurisdictions, including Kuwait,…
KFH Group achieves leading positions in arranging Sukuk issuances globally and regionally
Chief Investment Banking Officer at KFH Capital, Right arm of KFH Group, Mr. Abdullah Sulaiman Al-Haddad said that “ The…
Bahrain Islamic Bank (BisB) gives out free Sadeem Cards to its customers
In line with its efforts to continuously enhance its product and services portfolio to meet the evolving needs of its…