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…
Islamic Finance
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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.…
Dubai’s biggest bank cuts 300 jobs amid weaker economy
Dubai’s largest bank, Emirates NBD, has laid off around 300 people recently due to a weaker economy, a spokesman for…
Qfb named ‘Best Islamic Financial Institution’
Qatar First Bank, Qatar’s leading Shariah-compliant bank, has been named in 2016’s ‘Best Up-and-Coming Islamic Financial Institution’ in Global Finance…
Warba Bank Educates Kuwaiti Youth On Islamic Banking & Entices Them To Join its Workforce
Warba bank, the fast-growing which provides a wide spectrum of banking and investment services compatible with Islamic Shariah according to…
Fitch: Sukuk Take Record Share of 1Q16 Issuance in Key Markets
The proportion of sukuk bond issuance hit a record in the first quarter of 2016 in the main markets for…