Gulf-based Islamic banks face prospect of lower net income growth
After delivering strong results in 2014, Islamic banks in the Gulf face a gradually weakening operating outlook in 2015-2016, largely…
Islamic Finance
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Global Reports KWD2.8 million net Profit in First Half 2015
Global Investment House has announced its financial results for the first half ended 30 June 2015. During H1 2015…
Gulf-based Islamic banks on growth track: report
Gulf-based Islamic banks will continue to grow and increase their market share, even though it face a gradually weakening operating…
Growing trend: Islamic finance goes offshore
The rise of Islamic finance and sukuk issuances have brought with it a growing phenomenon: Shariah banking is increasingly taking…
Al Baraka Banking Group targets ambitious foreign ventures
Al Baraka Banking Group says it plans to almost double its assets to US$46 billion in the next five years…
Finance House H1 profit soars 8.2%
Finance House PJSC has registered a robust consolidated net-profit of AED 66.2 million for the six months ended 30 June…
National Bank of Abu Dhabi and Emirates NBD Top Leader Boards for ‘Bonds, Loans & Sukuk Middle East Awards'
Following the first week of online voting, National Bank of Abu Dhabi (NBAD) and EmiratesNBD have emerged as frontrunners on…
New Maisarah Islamic Banking Services Branch Launched in Al Hail
• Maisarah branches are located in Al Hail, Azaiba, Salalah, Sohar&Birkat Al Mouz • 5 branches opened since 2013…
Ibdar Bank H1 revenues up 51pc to $11m
Bahrain-based Ibdar Bank, a wholesale Islamic investment bank, has reported total revenues of $11.1 million during the first half of…
Our vision is to become the best bank in the region
Abdul Hakeem Omar al Ojaili, acting CEO of BankDhofar, says that the bank applies cutting-edge technology, introduces state-of-the-art banking solutions,…
Saudi Hollandi Bank introduces "Ready Cash"
Saudi Hollandi Bank has launched Ready Cash, a first-of-its-kind Shariah compliant product in the kingdom that will give the Bank's customers…
Ibdar Bank revenues up 51 per cent for first half of 2015
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, has announced its financial results for the first half of…