KFH awarded Best Islamic Bank in Kuwait, Middle East
EmeaFinance magazine awarded Kuwait Finance House (KFH), the biggest and most trusted Islamic bank in the world, the Best Islamic…
Islamic Finance
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Oman's first Mena-focused Islamic fund to be launched next week
Al Hilal Mena Fund, an open-ended fund based on Mudaraba structure, operating in accordance to the principals of Sharia is…
Ithmaar swings to $1.4m Q1 profit
The Islamic lender pointed out that its net income before provisions for impairment and overseas taxation had increased by 31…
Barwa Bank’s The First Investor GCC Equity Opportunities Fund (Q) AUM reach QAR 100 million
At the end of April 2013, the assets under management of Barwa Bank’s first equity fund reached QAR 100 million…
Gulf Finance House net profit rises 50 percent
Gulf Finance House, the Bahrain based Islamic investment bank, has announced its financial results for the first quarter ended March…
ADIB net profit rises in first quarter
Abu Dhabi Islamic Bank, one of the major lenders in the UAE, said yesterday its fiscal first quarter net profit…
Abu Dhabi Investment Authority Director Jauan Al Dhaheri Dies
Jauan Salem Al Dhaheri, a board member of the Abu Dhabi Investment Authority and secretary general of the emirate’s Supreme…
Emirates Islamic Bank announces 101% increase in first quarter net profit
Emirates Islamic Bank, one of the leading Islamic financial institutions in the region, announced today a 101% increase in net…
Noor Islamic Bank reports net profits of Dhs75.5m for 2012
Noor Islamic Bank delivered a strong performance in 2012 that has translated into a rise in profits of Dhs26.4m to…
Dubai IslamicBank eyes acquisitions in Asian markets
Dubai IslamicBank has dealt with much of its balance sheet weakness and should see profits for 2013 grow in the…
Qatar Islamic Bank rules out 2013 sukuk issues
Qatar Islamic Bank, the Gulf state’s largest sharia-compliant lender by assets, is not expecting to issue more Islamic bonds before…
Noor Islamic Bank reports net profits of Dh75.5 million for 2012
Noor Islamic Bank reported a net profit of Dh75.5 million for the full year 2012, up Dh26.4 million compared…