VP’s Islamic Banking Plan Praised
UAE Vice President, Prime Minister and Ruler of Dubai His Highness Sheikh Mohammed Bin Rahsid Al Maktoum received President of…
Islamic Finance
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Tamweel profits increase by 40%
Tamweel's profits rose sharply in the second quarter but its mortgage book contracted to a five-year low ahead of an…
Thomson Reuters and ADIB launch global awards for ethical and Islamic finance innovation
Abu Dhabi Islamic Bank, in partnership with Thomson Reuters, announced the launch of global awards to recognize and…
UAE banks seek five years to comply with large exposure rule
Banks in the UAE have proposed the UAE Central Bank to exclude marketable bonds and sukuks from the upcoming new…
Bank Nizwa, first Islamic Bank in Oman wins Customer service Excellence Award
Bank Nizwa , Oman's first Islamic bank, won the top award for 'Best Customer Service in the Banking Sector'…
Bahrain Islamic Bank realizes net profit for Q2-2013
Mr. Abdul Razak Abdulla Al-Qassim -Chairman of the Board of Directors announced that the Board has approved the Financial…
Jordan Islamic Bank Choose Aastra for Contact Center
Aastra was chosen to supply Jordan Islamic Bank with a state-of-the-art contact centre solution. Jordan Islamic Bank is Jordan's…
Risks in Islamic banking and how to manage them
The PSIA-financed assets of an Islamic Bank face the Displaced Commercial Risk Thus, more specifically, the PSIA-financed…
Bank Muscat posts OMR63.1m net profit in first half of 2013
Bank Muscat has announced its preliminary results for the first half of 2013, posting a net profit of OMR63.1 million…
Maybank Islamic CEO Wins Islamic Banker Of The Year Award
Maybank Islamic Bhd Chief Executive Officer Muzaffar Hisham has bagged the Islamic Banker of The Year Award for his…
Nakheel profit up 57%
The company recorded a net profit of Dh1.2 billion as revenues surged 36 per cent to Dh4.23 billion in the…
DIB voted ‘Best Islamic Retail Bank’ at Banker Middle East Industry Awards 2013
Awards 2013. The award was received by Dr. Adnan Chilwan, Deputy Chief Executive Officer, DIB, on behalf of the…