Bank ABC Islamic Announces 40% Increase in Nine-Month Net Profit to US$16.1 Million
Bank ABC (Arab Banking Corporation B.S.C.) today announced that its consolidated Group net profit for the first nine months of…
Islamic Finance
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Islamic Finance House opens new branch in Dubai
Islamic Finance House Pvt.J.S.C (IFH) has announced the opening of its second branch, ideally located in the midst of…
Islamic Finance House opens new branch in Dubai
Islamic Finance House (IFH) has opened its second brand in Dubai, as part of its growth plans across the UAE.…
Bahrain Islamic Bank realizes BHD 8.6 million net profit
BisB announced yesterday, 28th October 2015, that it has realized BHD 8.6 million as net profit on its activities for…
Dubai Islamic Bank's 9-month profit surges 36%
Dubai Islamic Bank, or DIB, on Wednesday declared a 43.6 per cent increase in third quarter net profit and 36…
OMR250m bids accepted in first Oman's sovereign sukuk issue
Oman’s maiden sovereign sukuk issue has evoked a strong response to raise a total of OMR336 million in firm orders…
Empowering women in the UAE's Islamic finance sector
Since its inception, the UAE has led the way for women’s empowerment across the region and demonstrated its commitment to…
Islamic finance assets seen reaching $3.5tn by 2018
The global asset value of Islamic finance, dominated by the Islamic banking sector and the global sukuk market, will expand…
Mitsubishi UFJ Financial Group launches Islamic finance business in UAE
Mitsubishi UFJ Financial Group’s banking arm, the Bank of Tokyo-Mitsubishi UFJ has launched Islamic finance business through its Dubai branch…
Sukuk listings on Nasdaq Dubai hit $12.75 billion
International Finance Corporation (IFC), a member of the World Bank Group, on Sunday listed a $100 million sukuk (Islamic bond)…
Emirates Islamic Announces Q3 2015 Results
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, delivered strong results for the period ending…
Dubai Islamic Bank and Metito sign AED 240m Islamic finance deal
Dubai Islamic Bank, the largest Islamic bank in the UAE and Metito, the leading provider of intelligent water management solutions…