UAE’s top-four banks to maintain stable profitability into 2019, report says
The UAE’s top four banks have performed well in the second quarter of this year on the back of higher…
Islamic Finance
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Bahrain Islamic Bank Provides Financing for Potential Residents of the Janayin Al Hamala Project
Bahrain Islamic Bank (BisB) has recently signed an agreement with Kingdom Properties Real Estate S.P.C. to provide property financing for…
Increasing Islamic banking’s global linkage
Are you working to expand Maybank Islamic into Dubai? It’s something that we’re considering. I think for us it…
How Lombard Odier got into the Islamic investment space
Lombard Odier has launched of a full suite of Shari’ah-compliant investment solutions, the first in its 222-year history. The exclusive…
Saudi mortgage growth to aid rebound in lending at Al Rajhi Bank
A jump in mortgages and a recovery in Saudi Arabia’s economy may help Al Rajhi Bank, the kingdom’s second-biggest lender,…
Ithmaar Holding and its wholly-owned subsidiary, Ithmaar Bank, report half-year profits
Ithmaar Holding B.S.C., a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank,…
Bahrain Islamic Bank posts net profit for First Half of 2018
Bahrain Islamic Bank’s Chairman of the Board of Directors, Dr. Esam Abdulla Fakhro, confirmed that the Bank has achieved a…
1,200 experts to gather for 25th WIBC in Bahrain
Over 1,200 global Islamic banking and finance leaders, industry powerhouses and policy makers will converge for the upcoming 25th edition…
Abu Dhabi Islamic Bank hires banks for $750 million sukuk – sources
Abu Dhabi Islamic Bank (ADIB) , the largest sharia-compliant lender in Abu Dhabi, has hired international banks to arrange the…
Bank Aljazira renews two insurance deals with Aljazira Takaful
Saudi-based Bank Aljazira has renewed two insurance agreements for its personal finance portfolio and mortgage portfolio with Aljazira Takaful Taawuni…
Al Baraka to offer Islamic Banking know-how in new geographies
Al Baraka Banking Group B.S.C. recently announced yet another plan to expand the footprint of Islamic Banking into new geographies,…
Common Shariah norms for Islamic finance still remain a tricky issue
Shariah governance and regulations in Islamic finance remain a diverse topic despite countless initiatives to set a common international framework…