UAE's Al Hilal Bank Expects 40% Net Profit Growth
Abu Dhabi government-owned Al Hilal Bank expects net profit growth of over 40 percent this year as it prepares to…
Islamic Finance
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UK and UAE complement each other on Islamic finance
Islamic finance has already made its presence felt in the UK. On her visit to the UAE to promote…
UK and UAE complement each other on Islamic finance
On her visit to the UAE to promote London as a hub for Islamic finance, Senior Minister of State at…
More Sukuk Offerings Expected: Dubai Chamber of Commerce
More sukuk issuances are in the offing amid the rapid economic growth being witnessed in the UAE, according to a…
Al Hilal Bank becomes the only Islamic bank in the UAE to be rated A1 by Moody’s & A+ by Fitch
Al Hilal Bank has announced that it has been awarded an A1 rating by Moody’s and an A+ by Fitch,…
Al Hilal Bank eyes 42% jump in net income this year
Abu Dhabi-based Islamic lender Al Hilal Bank is eyeing a nearly 42 per cent increase in its net profit in…
Al Salam, BMI in key merger agreement
Bahraini retail lender BMI said its board members have reached an agreement with Al Salam Bank-Bahrain, a dynamic, diversified and…
Path Solutions Announces the Recertification of iMAL by a Leading Sharia Supervisory Body
Path Solutions has announced that it is in the process of recertifying its multi-award winning Islamic core banking system -…
Egyptian banks register profits despite economic uncertainties
Following the release of financial reports for the first half of the year, a number of banks have recorded consistent…
AAOIFI Certification Program for Islamic Banking and Finance Information Systems Withdrawal of Certification for Path Solutions
AAOIFI have announced that the AAOIFI certification granted to Islamic banking and finance information systems offered by Path Solutions…
Jordan bank adopts Microsoft technology
As per its strategy, Jordan Dubai Islamic Bank (JDIB) has implemented Microsoft's Virtual Desktop Infrastructure (VDI), making it the first…
Gulf Finance appointed a new CEO.
SHUAA Capital today announced that the Board of Gulf Finance Corporation (' Gulf Finance '), a leading independent commercial lender…