UAE adopt AAOIFI standards
Accounting and Auditing Organisation for Islamic Financial Institutions, the standard-setting body for the Islamic financial industry welcomes the Central Bank…
Islamic Finance
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KFH, Bahrain's Ahli United Bank mull possible merger
Kuwait Finance House has invited Bahrain's Ahli United Bank to sign a Memorandum of Understanding and Non-Disclosure Agreement to pursue…
Sharjah Islamic Bank’s net profit up 4% in first half 2018
Sharjah Islamic Bank (SIB) on Sunday reported Dh283 million net profit for the first half 2018 compared to Dh272.9 million…
Qatar Islamic Bank Q2 net profit rises, beats estimates
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, beat the average forecast of analysts as it reported…
Blockchain And Islamic Banking Are Working Together, And Everyone Stands To Benefit
More and more banks in the Islamic world — a community of nearly 2 billion people worldwide — are adopting…
BisB signs deal to offer personalised concierge services
Bahrain Islamic Bank has entered into a partnership with personal assistance service provider Peacock Concierge for its Al Thuraya Privileged…
ADIB launches 100% Capital Protected Smart and Green Energy equities basket note
Abu Dhabi Islamic Bank has successfully launched a 100% capital protected smart and green energy equities basket note to capture…
Al Hilal Bank awarded for most innovative CSR campaign in the UAE
Al Hilal Bank has been awarded “Most Innovative CSR Campaign (Child safety program) UAE 2018” from Global Banking and Finance…
QIB wins ‘Best Islamic Bank in Qatar Award’
Qatar Islamic Bank (QIB) has won the Best Islamic Bank in Qatar Award from the World Union of Arab Bankers…
Bahrain Islamic Bank Appoints a New Head of Compliance and Governance
In line with its strategic aim to continue to retain talent and develop a world class Management Team, Bahrain Islamic…
Sheikh Mohammed Jarrah Al-Sabah nabs Islamic Banking Chairman of the Year Award from World Finance
Chairman of Kuwait International Bank, Sheikh Mohammed Jarrah Al-Sabah, added a new prestigious achievement to the Bank’s ever-growing roster of…
Ajman Bank reports 53% Q2 profit rise as fee and investing income climbs
Ajman Bank on Sunday reported a 53 per cent rise in its second-quarter net income as impairment charges dropped and…