Dubai on track to be Islamic economy hub
The Global Islamic Economy Summit 2016 kicked off in Dubai on Tuesday where industry specialists highlighted the challenges and opportunities…
Islamic Finance
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DED launches global excellence centre and award to fortify Dubai’s Islamic economy capital initiative
The Department of Economic Development in Dubai unveiled today the 'Global Islamic Business Excellence Centre', which aims to expand Islamic…
Islamic finance body AAOIFI looks to finalise new standards by yr-end
The Accounting and Auditing Organisation for Islamic Financial Institutions plans to finalize several new standards by the end of the…
deVere Mortgages partners with Al Rayan Bank to offer Sharia compliant home finance
deVere Mortgages and Al Rayan Bank have today announced that they have entered into a strategic partnership to offer Sharia-compliant…
Islamic banking consumers prefer not to choose between Islamic and conventional products
A recent study examining consumer attitudes to Islamic finance could provide lessons for retail Islamic banks. The study on…
ADIB launches further 100 per cent capital-protected equity investment
Abu Dhabi Islamic Bank has launched a second Shari’ah compliant investment structured note for the year. The investment note…
Dubai Bank, 1Link introduce first payment scheme
Dubai Islamic Bank Pakistan Limited has become first Islamic bank of the country to have signed the agreement with 1Link…
ADIB partners with Fidor Bank for UAE digital first
Abu Dhabi Islamic Bank has teamed with German new entrant Fidor Bank on a digital platform pitched at Millennial consumers.…
Abu Dhabi Islamic Bank Said to Cut More Than 200 Jobs in U.A.E.
Abu Dhabi Islamic Bank PJSC, which bought Barclays Plc’s retail business in the United Arab Emirates, has cut more than…
Waxing opportunities, worrying shortfalls
The latest skinny on Islamic finance and asset management The Islamic world, broadly defined, accounts for some 1.57 billion…
Qatar Islamic Bank completes core banking overhaul with Temenos Islamic Suite
Qatar Islamic Bank has gone live with Temenos’ IslamicSuite package, a solution of mixed services including the vendor’s flagship core…
Dubai Islamic Bank recognized for market leadership at Global Islamic Finance Awards
Award builds on DIB's success at last year's GIFA where it was named "Best Islamic Bank" Dubai Islamic Bank,…