Dubai Islamic Bank Q4 net profit rises 62.8 pct, raises dividend
Dubai Islamic Bank, the United Arab Emirates' largest sharia-compliant lender, posted a 62.8 percent increase in fourth-quarter net profit on…
Islamic Finance
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Takaful partners with Takaud to provide life clients with new Sharia-compliant investment solutions
TAKAUD, the specialist savings, investments and pensions provider for the MENA region, and Takaful International , Bahrain's pioneering Islamic insurance…
Turkish Islamic banks’ loan growth to remain above average: Fitch
Fitch Ratings said it expects Turkish Islamic banks’ loan growth to remain above the sector average, supported by new…
After Ivory Coast sukuk, West Africa bloc signs SME fund deal
The central bank of West Africa's CFA-franc zone has signed an agreement with the private sector arm of the Islamic…
Qatar in talks for sovereign sukuk issue as early as March
The government of Qatar is in talks with banks about a sovereign sukuk issue, sources aware of the matter said…
BankDhofar Named Oman's Best SME Bank
BankDhofar has been named 'Best SME Bank in Oman' by the London-based Global Business Outlook. The awards are an…
Islamic banks to sustain robust growth in Oman, says CBO official
Oman’s Islamic banks have achieved robust growth in finance, which crossed OMR1.6 billion by the end of November 2015. …
Boubyan Bank logs KD 35.2 mln profit in 2015
Boubyan Bank profits continues to grow in 2015 achieving a growth rate of 25%. The bank's net profits amounted…
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…
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:…