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…
Islamic Finance
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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…
Union Properties to issue AED 500 million Sukuk
UAE-based Union Properties’ (UPP) has announced that the board of directors approved the issuance of AED 500 million Sukuk. …
ADIB becomes first bank to join UAEIIC
Abu Dhabi Islamic Bank a leading financial institution, has joined the UAE International Investors Council making it the first bank…
Bahrain bond-Sukuk spread balloons as investors disagree on credit outlook
The price gap between Bahrain’s US dollar conventional and Islamic bonds has widened to record levels, indicating a sharp disagreement…