Noor Trade to expand its network and double its team this year
Noor Trade, Sharia compliant banking service from Noor Bank for small and medium enterprises (SMEs) is fast expanding its reach…
Islamic Finance
6034 articles found
Bank of Sharjah post Dh286 million net profits
Bank of Sharjah on Sunday reported a net profit of Dh286 million net profits for 2014, down 19 per cent…
QIB Wins Banker Middle East's "Best Treasury Products Management" Award
This award came under the Banker Middle East's category of "Quest for excellence". The Banker Middle East Qatar Product Awards…
Bahrain Islamic Bank (BisB) realizes BD 9.3 million net profit
BisB announced that it has realized BD 9.3 million as net profit for the year ended on 31st December 2014,…
Oman's United Finance to mull merger with Bank Nizwa
Oman's United Finance Co said on Wednesday that Bank Nizwa had approached it with a proposal for a strategic merger.…
Banks stand firm despite fall in oil prices: KPMG
Qatar’s listed banks continued to grow in 2014, despite declining oil prices. The banking sector witnessed robust asset growth;…
RAM Ratings assigns AA3 preliminary rating to Kuveyt Turk's MYR Sukuk
Kuveyt Türk is the largest Islamic bank in Turkey, with an asset base of TRY 30 billion as at end-June…
Al-Nahedh: 2014 Financial Results Match KFH Vision and Set Plans
"Financial results achieved by KFH for the year 2014 have, by the grace of Allah, matched KFH vision and set…
Abu Dhabi Islamic Bank plans subordinated sukuk in Malaysia
Abu Dhabi Islamic Bank, the emirate's largest sharia-compliant bank, plans to issue capital-boosting Islamic bonds in Malaysia, its first foray…
Global Sukuk issuances to reach $145 billion in 2015
The National Bank of Abu Dhabi, the Middle East’s leading bank, and CNBC, the leading business and financial news network,…
Kuwait's KFH rejects Investment Dar's debt-for-assets plan
Kuwait Finance House, the Gulf state's largest sharia-compliant bank by assets, said it had rejected a debt-for-assets deal proposed to…
ADIB wins award for Emiratisation for third time
Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, has received the “Human Resource Development Award” for 2014 from…