Qatar's Masraf Al Rayan's first quarter net profit rises 4.1 pct
Masraf Al Rayan, Qatar’s second-largest bank by market value, reported a 4.1 percent increase in first-quarter net profit on Monday,…
Islamic Finance
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Gulf investors seek exit opportunity from Pakistan’s banking industry
After holding their positions for decades, a number of Gulf investors are looking for a suitable exit opportunity from the…
Ibdar Bank employees trained in Fintech
Top tier wholesale Islamic Investment bank, Ibdar Bank, has announced that 22 employees have successfully completed a week-long intensive FinTech…
GCC Islamic banks to outperform their conventional peers
Islamic banks across the GCC reported improvements in their fundamentals such as asset growth and asset performance last year while…
Bank Muscat posts preliminary $116.3mln net profit
Bank Muscat has released its preliminary results for three months ending 31 March 2018. The bank posted a net…
Gulf Bank marks 10th anniversary
Gulf African Bank is set to mark its 10th anniversary this year, which also marks a decade since Shari’ah compliant…
Moody’s: GCC Islamic banks to maintain improved asset quality
“The credit fundamentals of Islamic banks operating in the Gulf Cooperation Council countries have converged with those of their conventional…
Director General of Insurance Authority (IA) inaugurates world’s largest Takaful forum
Over 300 Takaful and Technology Leaders converged at the 13th edition of the World Takaful Conference with the aim of…
Islamic finance embracing small, medium enterprises
Traditionally, SMEs have not played a substantial role in oil-rich Middle Eastern countries where the economy used to be dominated…
La Française looks to build range of Islamic investment products
France-based asset manager La Française said on Tuesday it launched its first sharia-compliant, separately managed account on behalf of a…
Global Finance names QIB ‘Best Islamic Financial Institution’
Qatar Islamic Bank, Qatar’s leading Islamic Bank, continues to win prestigious awards that confirm its leading position in Qatar’s and…
Cryptocurrency traders use old gold in drive to draw Islamic investors
In Dubai’s decades-old Gold Souk, customers from around the world haggle over bangles and necklaces. Elsewhere in the emirate, the…