ADIB Again Named Best Islamic Bank in the UAE
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, has been named "Best Islamic Bank in the UAE"…
Islamic Finance
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Sharjah Islamic Bank opens its new branch in Jebel Ali
Sharjah Islamic Bank has inaugurated its new branch in Jebel Ali, strengthening its presence on the local banking arena. The…
World Bank's IFC considering return to sukuk market
The International Finance Corp , the World Bank's lender to the private sector, is considering a return to the Islamic…
Tier 2 sukuk more likely for Bahrain's Islamic banks under Basel III rules
The landscape of Islamic banking is changing along with the shifts in the global regulatory structure as a result of…
ADIB launches Dana MasterCard in association with Emirates Business Women Council
Abu Dhabi Islamic Bank, a top-tier Islamic financial services institution, has launched a new card specifically tailored for women customers…
Islamic funds lose their lustre
Sharia-compliant funds’ asset base dropped by more than 10 per cent last year as the Islamic finance industry struggled to…
NBAD Sukuk Income Fund delivers dividend
The National Bank of Abu Dhabi’s Sukuk Income Fund will pay to its investors a semi-annual distribution equal to 2.87%…
First Finance Company wins "Best Business Finance Company" at The Banker Middle East Industry Awards 2014
This is the third consecutive year FFC has received award recognition from CPI Financial for its comprehensive range of Shari'ah…
UAE's Al Hilal Bank eyes capital-boosting sukuk issue – leads
Abu Dhabi government-owned Al Hilal Bank may sell a benchmark-sized Tier 1 capital-boosting sukuk after announcing plans to meet fixed…
Dubai's Emaar Malls tightens guidance for 10-year sukuk
The malls unit of Dubai's Emaar Properties tightened the pricing guidance for its 10-year sukuk to 190 basis points over…
Brunei offered help to develop Islamic finance
Kuwait Finance House-Bahrain has offered assistance in developing its Islamic finance industry to a visiting high-level delegation from Brunei. …
Islamic banking terms in personal loans explained
If you’ve been scouting around for a good personal loan plan you probably would have come across many Syariah-compliant loans:…