DIB wins “Best Islamic Card” and “Best GCC Equity Fund”
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has won the award for “Best Islamic Card” for…
Islamic Finance
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Islamic microfinance unlocking big potential
The confluence of two strongly expanding industries, microfinance and Islamic finance, has seen rapid growth in the past years on…
Rebranding Islamic banking
As Islamic banking ponders its next stage of development, it would be wise to consider the appeal of ethical investing.…
Kuwait Finance House Said to Weigh Sale of Malaysian Operations
Kuwait Finance House KSC, the first foreign Islamic bank to operate in Malaysia, is weighing a sale of its operations…
Leading Shariah-compliant private wealth management organization agrees on an acquisition
SEDCO Holding Group, a leading Shariah-compliant private wealth management organization, has acquired a 50% stake in Mektebim Okullari, a leading,…
ADIB net profit for Q1 increases 10.1%
Abu Dhabi Islamic Bank (ADIB) Group has reported a net profit of AED 450.8 million for the first quarter of…
Emirates Islamic wins 'Best Prepaid Card' at the sixth annual Prepaid: Middle East Awards
Emirates Islamic , one of the leading Islamic financial institutions in the UAE, today announced that it had won the…
RAK Hospitality concludes Dh880m debt deal
RAK Hospitality Holding Concludes AED 880 Million Debt Transaction with Mashreq and Arab Bank. Facility will be used for…
Aseel Islamic Finance appoints new CEO
Fatima Qasimi has been appointed as the Chief Executive Officer of Aseel Islamic Finance . Ms. Fatima joins Aseel…
Saudi Arabia to lead global Islamic banking growth
Saudi Arabia is expected to dominate the asset growth in the Islamic banking industry over the next five years, according…
Sharjah Islamic Bank celebrates listing of AED1.84 billion Sukuk on Nasdaq Dubai
Mohammed Abdulla, Chief Executive Officer of Sharjah Islamic Bank, rang the opening bell to celebrate the listing of an AED1.84…
JIB posts US$ 16.08 million in profits after tax For the first quarter of 2015
Jordan Islamic Bank achieved net profits after tax for the first quarter of 2015 that amounted to about US$ 16.08…