ITS completes upgrade of Kuwait International Bank's systems
ITS has announced the successful completion of an ICT project with Kuwait International Bank to upgrade its banking systems offering…
Islamic Finance
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NBAD Wins Two Islamic Finance Awards
The National Bank of Abu Dhabi has won two awards at the recent Islamic Finance News Awards. Named the…
UAB and Just Wills to offer HNW clinets Shari’ah will-writing service in UAE
United Arab Bank (UAB) has partnered with Just Wills to launch a new end-to-end will-writing and registration service which are…
Meethaq signs 'Bancatakaful' agreement with Al Madina Takaful
Meethaq and Al Madina Takaful signed an agreement to provide insurance products (Bancatakaful) for Meethaq customers. The agreement facilitating…
Damac plan for $500m sukuk seal of confidence in Dubai property market
Damac is poised to benefit from Dubai’s property revival as the developer that offers free sports cars to luxury apartment…
Mindanao peace deal paves way for Mideast investors
The long-anticipated peace deal between the Philippine government and the main rebel group in the Muslim-dominated southern Philippine island of…
Sunny Skies For Middle Eastern Dealmakers
The Middle East may present political challenges, but dealmakers anticipate that 2014 will be the year M&A flourishes in the…
Bank Asya shares skyrocket after trading resumes
Bank Asya, which had seen its shares jump by over 44 percent after Qatar Islamic Bank said on Tuesday it…
Switching operations: Faysal Bank to turn to the Islamic banking system
Faysal Bank is going to turn itself into a full-fledged Shariah-compliant institution in the next two to three years. …
Jordan Islamic Bank's profit increases 26pc to $91.3 million
Jordan Islamic Bank (JIB), a subsidiary banking unit of Al Baraka Banking Group, achieved a growth of 26.3 per cent…
Meethaq, KFH-Bahrain sign MoU to promote Islamic banking
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Kuwait Finance House — Bahrain, signed a memorandum…
Asset growth boosts Al Hilal Bank’s 2013 profits
Abu Dhabi-based Al Hilal Bank net profit for 2013 rose 42 per cent to Dh441.4 million compared to the Dh310.3…