Ajman Bank reports Dh132.61m in net profit
Ajman Bank on Sunday reported a net profit of Dh132.61 million, up 5.63 per cent compared to Dh125.54 million in…
Islamic Finance
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Qatar Islamic Bank Q4 net profit up 14.6 pct, meets forecasts
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, reported a 14.6 percent rise in fourth-quarter net profit,…
Abu Dhabi fund Goldilocks buys stake in GFH
Goldilocks Investment Company, controlled by Abu Dhabi Financial Group, on Thursday announced its had taken a 4.99 per cent stake…
Kuwait International Bank wins ‘Best Customer Acquisition GCC’
In a testament to its ability to attract clients and achieve the highest levels of customer satisfaction, Kuwait International…
Gatehouse Bank partners with Blueprint
Gatehouse Bank has partnered with Kuwait-based Blueprint Real Estate Company to offer sharia compliant products those looking to purchase UK…
Noor Bank and UB QFPay Release Innovative Mobile Wallet Acceptance Solution in UAE
Noor Bank, a leading Shari’a compliant Bank in the UAE, announced today that it has collaborated with UB QFPay, the…
Dubai Islamic Bank net profit up 11% on core business growth
Dubai Islamic Bank, the largest Islamic bank in the UAE, on Wednesday recorded 11 per cent growth in net profit…
Al Baraka Banking Group seeks to strengthen relations with Iraqi banks
The visit, at the invitation of the Association of Iraqi Private Banks, sought to improve the partnerships between the Arab…
Dividends expected to drive UAE bourses
Investors seeking dividends are expected to go on a buying spree this week on UAE bourses, even as expectations of…
First Abu Dhabi Bank issues $610 mln formosa bond
First Abu Dhabi Bank, the largest bank in the United Arab Emirates, has issued a $610 million Formosa bond, sources…
Bahrain tops regional Islamic finance table
Bahrain has topped the regional rankings of a key Islamic finance league table. It also came second globally in…
Sharjah Islamic Bank net profit rises to Dh478m
Sharjah Islamic Bank on Monday reported a full year 2017 net profit of Dh477.7 million compared with Dh462.9 million in…