QIIB seeks global partnerships
QIIB is seeking new partnerships with international financial and banking institutions as the bank’s leadership met top executives on the…
Islamic Finance
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DIB net profit reaches AED 3.301 billion as balance sheet crosses AED 200 billion
The recovery of international oil prices and the stability witnessed in the recent past will be a major source of…
Dubai Islamic Bank says assets top AED200bn for first time
Dubai Islamic Bank, the largest Islamic bank in the UAE by total assets, on Wednesday reported a 10 percent rise…
Bank Nizwa Joins Takaful Oman and Al Kawthar Fund to Launch Islamic Finance Knowledge Program
Bank Nizwa has hosted the signing ceremony of a MoU partnering with Takaful Oman Insurance Co and Al Kawthar Islamic…
Boubyan Bank records KD 34 mln in net profit
Boubyan Bank announced on Sunday recording KD 34 million (around USD 112.3 million) in net profits until the third quarter…
Three international finalists selected for fifth EFICA Awards
Abu Dhabi Islamic Bank and Thomson…
Bank Negara: Islamic finance will focus on quality growth
Malaysia is second only to Saudi Arabia in terms of Islamic banking in the world. Of the US$71 billion Syariah-compliant…
Emirates Islamic continues digital transformation drive with new mobile banking app
Emirates Islamic has a new mobile banking app, which includes a range of new features offering the bank’s customers a…
Islamic banks and Takaful sectors likely to witness more mergers
The high-profile merger of National Bank of Abu Dhabi (NBAD) and First Gulf Bank (FGB) in the UAE last year…
Nasdaq Dubai welcomes listing of $1.25bln Sukuk by Islamic Development Bank
Nasdaq Dubai has welcomed the listing of a US$1.25 billion Sukuk issued by the Islamic Development Bank, IDB. The…
DIB Recognized as Best Performing Outlet by Dubai Service Excellence Scheme
Dubai Islamic Bank, the largest Islamic bank in the UAE, has been awarded ‘Best Service Performing Outlet’ for the Dubai…
We will see more bank mergers in the GCC soon
More Islamic and conventional banks in the GCC are likely to merge in the coming future, according to an expert…