Qatari Islamic banks grow despite regional rift -IFSB data
Assets and revenues at Qatar’s Islamic banks have grown over the past year but an increase in problem loans and…
Islamic Finance
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ADGM’s aviation finance structure utilised in sukuk issuance
The Abu Dhabi Global Market said it had facilitated the transaction of a 12-year sukuk issued by Natixis and Noor…
QIB announces 1st round of summer promotion winners
Qatar Islamic Bank has announced the first eight winners of the ‘Win Weekly with QIB Visa Cards’ and the first…
Key dates set for Abu Dhabi Islamic Bank's $272m rights issue
Abu Dhabi Islamic Bank has set out key dates for its AED1 billion ($272 million) rights issue when 464 million…
Al Hilal Bank announces new senior appointments
Al Hilal Bank has announced the growth of its core divisions with the appointment of David Whitcroft as Senior Managing…
Dadabhai Properties signs partnership deal with Al Baraka
Dadabhai Properties, a division of the Dadabhai Group, has entered into a strategic partnership with Al Baraka Islamic Bank through…
Abu Dhabi boosts Al Hilal Bank's capital by Dh400m, CEO says
Abu Dhabi has increased the share capital of its wholly-owned Al Hilal Bank by Dh400 million, a timely boost for…
First Shariah-Compliant Crypto Exchange Set to Launch in the UAE
ADAB Solutions, a UAE-based company, is reportedly going to launch the very first cryptocurrency exchange compliant with Shariah law. The…
ADIB shareholders approve $272mln rights issue
Abu Dhabi Islamic Bank (ADIB) shareholders have approved a board proposal to raise up to 1 billion dirhams ($272 million)…
Islami Bank plans to open representative office in Dubai
Islami Bank Bangladesh has recently sought regulatory approval to set up a representative office in Dubai to facilitate trade and…
Emirates Islamic offers incentive on EV financing
Emirates Islamic, a leading Islamic financial institution in the UAE, is encouraging customers to Go Green by offering up to…
National Bank of Bahrain in talks to increase its stake in BIB
National Bank of Bahrain is in talks to buy Islamic Development Bank’s entire stake in the Sharia-compliant Bahrain Islamic Bank…