Islamic Finance Archives - Page 159 of 504 - Managers of Wealth Middle East

Strong performance of UK's regional office markets driving demand from GCC investors seeking long term secure income, says ADIB

May 1, 2018

Abu Dhabi Islamic Bank (ADIB) UK, a wholly-owned subsidiary of Abu Dhabi Islamic Bank - a leading financial institution, believes…

Financial Results

Saudi's Al Rajhi Bank Q1 net profit up 7.3 pct

May 1, 2018

Al Rajhi Bank, Saudi Arabia’s second-largest lender by assets, reported a 7.3 percent rise in first-quarter net profit on Tuesday,…

Financial Results

KFH reports KD 44m net profit for Q1

April 30, 2018

Chairman of Kuwait Finance House Hamad Abdulmohsen Al-Marzouq said that KFH has, by the grace of Allah, reported net profits…

Financial Results

Sharjah Islamic Bank net profits rose to reach 143.1 million for the first quarter 2018

April 29, 2018

Sharjah Islamic Bank (SIB) has announced its first quarter 2018 financial results and achieved a net profits of AED 143.1…

Islamic Finance

Malaysia’s Maybank Islamic in talks with regulators to launch operations in Dubai

April 27, 2018

Maybank Islamic, the sharia-compliant division of Malaysia’s largest lender Maybank that has $165 billion of assets under management, plans to…

Fraud & Ethics

Abu Dhabi's Al Hilal Bank is said to uncover internal fraud

April 26, 2018

Abu Dhabi’s Al Hilal Bank uncovered internal fraud worth more than 500 million dirhams ($136 million), according to people with…

Comment & Analysis

Global sukuk to grow 15%-20% in 2018, says Franklin Templeton

April 26, 2018

Global sukuk is expected to register growth of between 15% and 20% in 2018 on the back of improved macro-economic…

Financial Results

'Trust in Islamic banking rising fast

April 25, 2018

Customers' trust in Islamic banking will increase exponentially once the sector's assets reach $3.3 trillion by 2021 as predicted, Sultan…

Awards and Recognition

ADIB recognised for online security leadership at Middle East Security Awards

April 25, 2018

Abu Dhabi Islamic Bank has been recognised for its online security efforts at the MESA Conference & Awards Ceremony organised…

Islamic Finance

QIB relocates Private Banking Center to Al Sadd branch

April 24, 2018

Qatar Islamic Bank has relocated the Grand Hamad and The Gate Mall Private Centers to the Bank’s new flagship Al…

Islamic Finance

UAE's Noor Bank lists $500m sukuk on Nasdaq Dubai

April 24, 2018

Nasdaq Dubai welcomed the listing on Tuesday of a $500 million sukuk by Noor Bank, a Sharia’a-compliant bank based in…

Executive Moves

ASBB announces new group CEO

April 24, 2018

Al Salam Bank-Bahrain yesterday announced the appointment of Rafik Nayed as Group Chief Executive Officer (CEO) of the Bank following…

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