ADIB provides AED 1 billion finance facility to Baniyas Investment & Development Company
Abu Dhabi Islamic Bank, a top-tier Islamic financial services group, has finalized a AED 1 billion finance facility to Baniyas…
Islamic Finance
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NBAD Sukuk income fund delivers 2.33 per cent dividends
The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent…
Sohar Islamic Receives Best Branding Award from CPI Financial
In recognition of its role in championing the growth and expansion of the Islamic financial sector in the country, Sohar…
The important role of sukuk in the Basel III era
The implementation of Basel III rules has created several challenges to Islamic financial institutions (IFIs) especially with regards to capital…
UAE Banks Federation committees report on busy year
During the Ceremony, H.E AbulAziz Al Ghurair presented Certificates of Appreciation to Chairmen of Committees, praising their outstanding performance, …
JPMorgan leaps to 2nd Islamic bond spot as HSBC keeps lead
JPMorgan Chase & Co didn’t do enough deals the past two years to rank among the top Islamic-bond underwriters in…
“Aafaq” wins the award for the best Finance Provider 2014
Specialized in Islamic finance solutions and Governmental Electronic services, Aafaq Islamic Finance has won the award for the best finance…
Winners of the Islamic Business & Finance Awards announced
Some 200 Islamic bankers and financiers from around the world came together at the prestigious annual Islamic Business & Finance…
Mawarid Finance Wins the Best Business Finance Company Award 2014
Mawarid Finance the leading Islamic financial institution in the UAE has won the Middle East Best Business Finance Company Award…
Mashreq Al Islami named Best Islamic Window at the Islamic Business & Finance Awards
The Islamic banking division of Mashreq, Mashreq Al Islami was announced the winner of Best Islamic Window 2014 at the…
Barwa Bank leads landmark syndication facility for ALYSJ JV
First Gulf Bank of Abu Dhabi and Qatar International Islamic Bank were MLAs on the transaction. The financing was…
Al Baraka Banking Group plans Islamic bank in Morocco
Dr Adnan said Al Baraka is working to obtain legal approvals for the new bank and is currently consulting with…