Islamaphobia prevents Islamic finance expansion
Mohamed Ariff, Professor of Finance at Australia’s Bond University, has said Islamic banking was expanding slowly in the world because…
Islamic Finance
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Standard Chartered appoints Chairman for Islamic banking
Christos Papadopoulos, currently the Bank’s Regional CEO, Middle East, North Africa and Pakistan, will take on additional responsibility for the…
Islamic footprints – making strides
Newly appointed CEO of Dubai Islamic Bank Dr. Adnan Chilwan shares his views with BME on DIB 's pioneering and…
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…
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…