Emirates Islamic Announces First Half 2015 Results
Emirates Islamic,one of the leading Islamic financial institutions in the UAE,delivered impressive results for the period ending June 30, 2015,…
Islamic Finance
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Everys Solicitors expand into Middle East with Iranian law firm acquisition
Everys Solicitors has agreed a deal to acquire the legal practice of an eminent Iranian law firm with offices in…
QIIB posts QR438m profit
Qatar's leading Islamic bank QIIB has announced a net profit of QR438m for the first half of 2015 (H1, 15),…
Ithmaar launches shariah-compliant prepaid e-card
Ithmaar Bank, a Bahrain-based Islamic retail bank, has launched a new sharia-compliant prepaid e-Card. A statement said the card…
Kuwait Finance House posts 13.7 pct Q2 profit gain, misses estimates
Kuwait Finance House, the Gulf state's biggest Islamic lender, reported a 13.7 percent jump in second quarter net profit on…
Qatari bank CBQ beats forecasts with 17.3 pct jump in Q2 net profit
Commercial Bank of Qatar, the Gulf Arab state's second-largest lender by assets, beat analysts' forecasts with a 17.3 percent rise…
Jordan Expected to Issue Debut Sukuk
Jordan said last month it was going to issue its first ever sovereign sukuk, or sharia-compliant bonds, soon. The…
Barwa Real Estate arranges Shari'ah-compliant finance
The signed contract aims to refinance an outstanding Islamic financial liability of Barwa Real Estate, over seven years from the…
National Bank of Fujairah PJSC NBF 2015 half year net profit jumps 26.7%
National Bank of Fujairah PJSC is pleased to announce its results for the half year ended 30 June 2015. …
Meethaq Sharia’a board approves certificates for sukuk and new products
Meethaq’s Sharia’a Supervisory Board met for the second meeting this year under the chairmanship of Sheikh Dr Ali Qaradaghi, in…
Fitch assigns International Bank of Qatar Q.S.C. 'A+' IDR; outlook stable
Fitch Ratings has assigned Qatar-based International Bank of Qatar Q.S.C. (IBQ) a Long-term Issuer Default Rating (IDR) of 'A+' with…
Riyad Bank Q2 net profit dips, misses forecast
Riyad Bank, Saudi Arabia's fourth-largest lender by assets, posted a 0.7 per cent decline in its second-quarter net profit on…