QIIB wins ‘Best Islamic Bank Award 2018’ from REDMoney
QIIB has won the ‘Best Islamic Bank in Qatar Award 2018’ during the annual IFN Awards Ceremony organised by REDMoney.…
Islamic Finance
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Highest-ever growth: Emirates Islamic Q1 profit surges 97%
Emirates Islamic on Wednesday reported 97 per cent year-on-year growth in first-quarter net profit due to increase in core business.…
Dubai Islamic Economy Development Centre signs agreement with Hong Kong Trade Development Council
Dubai Islamic Economy Development Centre signed a memorandum of understanding with the Hong Kong Trade Development Council to exchange knowledge,…
AAOIFI honours Kuwait Finance House Group
The AAOIFI honoured Kuwait Finance House Group in recognition of its sponsorship of the 17th annual Sharia Boards Conference held…
DIB says it is open to acquiring other banks as part of expansion strategy
Dubai Islamic Bank, the biggest Sharia-compliant lender in the emirate, said it is looking at acquisitions among other options as…
Boubyan Bank records net profits in Q1 2019
Al-Majed: A Remarkable Start for 2019, and a Motivation for Further Achievements Boubyan Bank has announced KD 14.6 million…
Qatar plays key role in promoting Shariah-compliant funds: OBG
Shariah-compliant funds are emerging as an “increasingly popular” investment instrument in markets across the region, and Qatar is playing an…
Invest Bank shareholders approve Sharjah's majority stake – sources
Shareholders of Sharjah-based Invest Bank have approved a proposal to let the government of Sharjah own more than a 50…
Infosys deploys its Finacle Digital Engagement Hub for RAKBANK
RAKBANK, also known as the National Bank of Ras Al Khaimah, is one of the oldest banks in the UAE,…
Islamic Development Bank hires banks for dollar sukuk
The Islamic Development Bank has hired banks to arrange a series of fixed income investor meetings in London on April…
BisB is a Silver Sponsor to AAOIFI Conference
Under the patronage of the Central Bank of Bahrain, Bahrain Islamic Bank has announced its Silver sponsorship of the Accounting…
Dubai Islamic Bank responds to reports of acquiring Noor Bank
Dubai Islamic Bank has issued a clarification regarding media reports that it is mulling an acquisition of Noor Bank. …