Ajman Bank posts profit of Dh122 million on strategy
Ajman Bank, the official Islamic Bank in the Emirate of Ajman, and the award-winning financial services institution committed to transforming…
Islamic Finance
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QIB profit grows by 22 per cent
Qatar Islamic Bank has announced a net profit (attributable to the shareholders of the Bank) of QAR 1.95 billion for…
QInvest Reports Record Year
QInvest has announces another year of robust growth recording its highest revenue since inception of QAR 393 million (US$ 108…
QIB Wins Three Awards
Qatar Islamic Bank, Qatar's leading Islamic Bank, has been recognized by the London-based International Finance Magazine (IFM) with three awards:…
Awal Appointed Fund Manager for Investment House Al-Beit Al Mali Fund
Amwal has been appointed Fund Manager for the Al-Beit Al Mali Fund founded by Investment House for investing in listed…
Ibdar announces exit from four Bahrain-based real estate investments for USD21.67 million
Ibdar Bank has announced the successful exit from four Bahrain-based real estate investments for a total value of USD 21.67…
Emirates Islamic net profit up 76 percent in 2015
Emirates Islamic today announced its full-year financial results for 2015 with the bank reporting strong growth for the fourth consecutive…
AAOIFI Launches Project for Shari'ah Standard on GoldIn Cooperation with World Gold Council and Amanie Advisors
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has phased in a new project for the development of…
CIMA Charts Robust Growth Across The GCC In 2015
The Chartered Institute of Management Accountants (CIMA), the world's largest body of Management Accountants, sustained an unparalleled expansion efforts throughout…
Dr. Adnan Chilwan, Group CEO of Dubai Islamic Bank: Dubai is leading the revolution in Islamic banking
Since its inception, modern Islamic commercial banking has been intrinsically linked with the UAE. The formation of Dubai Islamic…
Free foreign currency fund transfers with Emirates Islamic
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, today announced the launch of a promotion…
Hamad Buamim, President & CEO of Dubai Chamber of Commerce and Industry: Dubai has everything it needs
Even though the oil sector contributes only 2 percent to Dubai’s GDP, we have been wary about the effect of…