Islamic Finance Archives - Page 19 of 504 - Managers of Wealth Middle East

ADIB Business Banking Division unveils geographical expansion plan across the UAE

May 13, 2024

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, announces its expansion plan to better serve its Business Banking customers…

Islamic Finance

Islamic Development Bank picks banks for 5-Yr sukuk sale, IFR reported

May 8, 2024

The Islamic Development Bank, a Jeddah-based multilateral lender, has mandated banks to arrange a sale of U.S. dollar-denominated five-year Islamic…

Islamic Finance

At Arab Coordination Group Forum in Riyadh, Islamic Development Bank Unveils Multilingual Second Edition of Evaluation Glossary

April 29, 2024

The Arab Coordination Group Forum convened during the 50th IsDB Annual Meetings in Riyadh, Kingdom of Saudi Arabia. At…

Islamic Finance

IsDB chief vows to support private sector in member states

April 29, 2024

Since its establishment over 30 years ago, the Islamic Development Bank has supported its member states with $151 million in…

Islamic Finance

Dubai Islamic Bank first quarter 2024 group financial results

April 24, 2024

Strong growth in Total income by 27% YoY to AED 5.6 billion. Net Profit (Pre-Tax) of AED 1.85 billion, a…

Islamic Finance

Emirates Islamic debuts $500 million financing facility

April 19, 2024

Emirates Islamic, a leading Islamic financial institution in the UAE, has announced the successful conclusion of its debut Dh500 million…

Islamic Finance

QIIB awarded highest certification in payment security, data protection

April 8, 2024

QIIB announced that it has been awarded the PCI-DSS - 4.0 certification, which is the highest certification in payment security…

Islamic Finance

Islamic Banking’s Evolution: Q&A With Ahli United Bank Group CEO Ahmed Alkharji

April 5, 2024

Ahmed Alkharji: AUB converted its banking license and business model to an all-Islamic bank following the acquisition by Kuwait Finance…

Islamic Finance

Bank Nizwa approves cash dividends and Sukuk distribution at its Annual Ordinary and Extraordinary General Meetings

March 28, 2024

Bank Nizwa, the Sultanate of Oman's leading Islamic bank, recently held its Annual General Meeting and Extraordinary General Meeting under…

Islamic Finance

Khaleeji Bank holds its Annual General Meeting

March 26, 2024

Khaleeji Bank, one of the leading Islamic Banks in the Kingdom of Bahrain, held its Annual General Meeting (AGM) on…

Awards and Recognition

QIB recognized as World’s Best Islamic Retail Bank by The Asian Banker

March 25, 2024

Qatar Islamic Bank has been recognized as a leader in Islamic retail banking by The Asian Banker Global Excellence in…

Islamic Finance

Bank of Sharjah acts as mandated lead arranger in a $800 million credit facility for Investcorp Capital

March 18, 2024

Investcorp Capital recently raised $800 million in a four-year syndicated revolving credit facility. The transaction garnered significant interest from the…

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