ADIB Named Employer of the Year by Higher Colleges of Technology
Abu Dhabi Islamic Bank (ADIB) has been named Employer of the Year by The Higher Colleges of Technology ( HCT…
Islamic Finance
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LMC net profit tops $1.26m
Wholesale Islamic bank Liquidity Management Centre (LMC) posted a net profit of $1.26 million in the first quarter of this…
UGB's Q1 profits fall to $2.1 million
UGB's total income also decreased to $35.2 million, compared to $40.5 million at 31 March 2014. In 1Q14, $9…
QIIB’s rating upgrade reflects bank’s strong position
Qatar International Islamic Bank’s rating upgrade by Moody’s Investors Service is a proof of steadiness of bank’s financial position and…
Demand to ban conventional banks rejected
MPs demands to ban conventional banks and allow only Islamic banks to operate in Bahrain have been shot down by…
BisB net profit rises 23pc to $7.9m
Bahrain Islamic Bank has registered a net profit of BD3 million ($7.9 million) for the first quarter of this year,…
Kuwait Finance House pivots to Turkey as it mulls Malaysia exit
Kuwait Finance House is exploring the possible sale of assets including its Malaysia unit, as the Islamic lender looks for…
Khaleeji Commercial launches new financing product
Khaleeji Commercial Bank, a leading Islamic retail bank in Bahrain, has launched a new corporate financing product, I'teman Financing. …
Sukuk Returns to Qatar
Qatar’s second-biggest Islamic lender may sell the nation’s first sukuk in more than 17 months, according to two people with…
Kazakhstan builds Islamic expertise as Russia ramps up efforts
Kazakhstan is drawing on Dubai’s experience in efforts to bring more sukuk products to its stock exchange. It hopes to…
Islamic finance needs social media
The important point is both leaders have large following and both connect to the followers by tweeting. There are…
Ministry of Finance announces Oman's debut sovereign sukuk
Oman's Ministry of Finance (MoF) announced the proposed issuance of the country's first sovereign sukuk on Sunday. The government sees…