United Arab Emirates: Applicability and legal entitlement to interest under UAE law
When pursuing a debt, it is common to add a claim for interest on the monies due. However, the right…
Islamic Finance
6034 articles found
Al Salam Bank-Bahrain reports H1 net profit down seven per cent
Al Salam Bank-Bahrain reported H1 net profit of BHD 8.38 million, down 7.2 per cent from BHD 9.034 million a…
Dubai Islamic Bank keeps up to guidance and expectations despite tough operating conditions
Dubai Islamic Bank is one of the few UAE banks that continue to report strong profits despite the squeeze on…
Abu Dhabi National Takaful Co. announces net profit up 70 per cent for H1 2016
The company announced a net profit of AED 30.3 Million for the period ended 30th of June 2016, compared to…
Govt plan to lift private investments growth in Qatar, says QCB governor
Qatar’s initiatives to increase private sector participation in national economic development will enhance private investments and trigger private sector demand…
ADIB revamps internet banking to create enhanced digital experience for its customers
Abu Dhabi Islamic Bank has launched a new version of its internet banking platform to create a more convenient customer…
Bahrain's Al Baraka Banking Group Q2 net profit dips 2.8 pct
The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that its achieved a noticeable increase in…
Dubai Islamic Bank keeps up to guidance and expectations despite tough operating conditions
Dubai Islamic Bank is one of the few UAE banks that continue to report strong profits despite the squeeze on…
Islamic finance assets forecast to be worth $3.2trn by 2020
Islamic finance assets grew by 10 percent to reach $2 trillion in 2015, according to a new report by Thomson…
Islamic finance assets forecast to be worth $3.2trn by 2020
Islamic finance assets grew by 10 percent to reach $2 trillion in 2015, according to a new report by Thomson…
Bahrain’s Al Baraka Banking Group Q2 net profit dips 2.8 per cent
Bahraini Islamic lender Al Baraka Banking Group reported a 2.8 percent dip in second-quarter net profit on Sunday. The…
CIBAFI Continues to Propel Islamic Financial Industry with its Professional Development Initiatives
The General Council for Islamic Banks and Financial Institutions, the global umbrella of Islamic financial institutions continues to propel Islamic…