Dubai Islamic Bank Q1 net attributable profit rises 7.2 pct
Dubai Islamic Bank the United Arab Emirates' largest sharia-compliant lender, posted a 7.2 percent increase in first-quarter net profit on…
Islamic Finance
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Dubai Islamic Bank plans Dh3.6bn share issue for expansion
Dubai Islamic Bank, the UAE’s biggest bank complying with Muslim banking rules, said it plans to raise Dh3.6 billion from…
Saudi Aramco says approves funding initiatives including sukuk programme
Saudi Aramco's board has approved a number of funding initiatives including the creation of a sukuk programme, its weekly magazine…
KFH Holds Seminar on "Practical Applications of Sukuk in the Financial Markets" at AUK
Mohammad Al-Duwailah lecturing at the AUK Kuwait: Kuwait Finance House (KFH) held a seminar on "Practical Applications of Sukuk…
UAE Islamic firm offers job loss insurance
Dubai-based National Bonds Corporation has launched a takaful-based savings programmeme that provides takaful insurance cover as well as protection for…
Private firms in Oman Gearing Up to Float Sukuk Issues
Several Omani companies, including financial institutions, property developers and oil firms, are exploring the feasibility of floating Sukuk issues, with…
Emirates Islamic launches Social Banking
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, today announced the launch of Social Banking,…
Noor Bank Reports Record Increase in 2015 Net Operating Profit
2015 Financial Performance Highlights: -Operating income of AED1,397 million, a robust growth of 38% in comparison to 2014; -Net…
Ethica Joins Leaders in Switzerland at Arab Banking and Finance Forum
As Knowledge Partner at the Zurich conference, Ethica Institute of Islamic Finance joins banking leaders from around the world to…
Ethica Launches Advanced Certificates in Islamic Finance
Ethica Institute of Islamic Finance in Dubai launches the ACIFE in Financial Analysis and the ACIFE in Takaful. "Comparing…
ADIB Q1 net profit increases by 6.9 per cent for Q1 2016
Abu Dhabi Islamic Bank (ADIB), a leading financial services company, has reported a net profit of AED 482.0 million for…
Rakbank Group Announces AED 250 million in Net Profit for the First Quarter of 2016
RAKBANK Group today announced a net profit of AED 250.0 million for the first three months ended 31 March 2016.…