Islamic Finance

Investment Banking

Govt plan to lift private investments growth in Qatar, says QCB governor

August 9, 2016

Qatar’s initiatives to increase private sector participation in national economic development will enhance private investments and trigger private sector demand…

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FinTech

ADIB revamps internet banking to create enhanced digital experience for its customers

August 8, 2016

Abu Dhabi Islamic Bank has launched a new version of its internet banking platform to create a more convenient customer…

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Financial Results

Bahrain's Al Baraka Banking Group Q2 net profit dips 2.8 pct

August 8, 2016

The Bahrain based leading Islamic banking group, Al Baraka Banking Group B.S.C announced that its achieved a noticeable increase in…

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Financial Results

Dubai Islamic Bank keeps up to guidance and expectations despite tough operating conditions

August 8, 2016

Dubai Islamic Bank  is one of the few UAE banks that continue to report strong profits despite the squeeze on…

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Islamic Finance

Islamic finance assets forecast to be worth $3.2trn by 2020

August 8, 2016

Islamic finance assets grew by 10 percent to reach $2 trillion in 2015, according to a new report by Thomson…

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Comment & Analysis

Islamic finance assets forecast to be worth $3.2trn by 2020

August 8, 2016

Islamic finance assets grew by 10 percent to reach $2 trillion in 2015, according to a new report by Thomson…

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Financial Results

Bahrain’s Al Baraka Banking Group Q2 net profit dips 2.8 per cent

August 8, 2016

Bahraini Islamic lender Al Baraka Banking Group reported a 2.8 percent dip in second-quarter net profit on Sunday.    The…

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Islamic Finance

CIBAFI Continues to Propel Islamic Financial Industry with its Professional Development Initiatives

August 3, 2016

The General Council for Islamic Banks and Financial Institutions, the global umbrella of Islamic financial institutions continues to propel Islamic…

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Hedge Funds & Alternative Investments

QIIB completes issuance of QR1bn Sukuk

August 3, 2016

QIIB has successfully completed the issuance of QR1bn Sukuk, the Bank said in a statement to Qatar Exchange.   The…

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Islamic Finance

QIB allows use of debit cards to purchase online

August 2, 2016

Qatar Islamic Bank debit cardholders can now use their debit cards along with their credit cards to make secure online…

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Financial Results

Alizz Islamic Bank fares well in second quarter

August 1, 2016

Alizz Islamic Bank said that its financing portfolio reached OMR 247.7 million in the second quarter, registering a growth of…

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Financial Results

Bank Nizwa reports 57% increase in revenues during Q2 2016

August 1, 2016

The Board of Bank Nizwa reported a 57% rise in its total revenues compared to same period in 2015, while…

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