Islamic real estate financier posts net profit of $53.6m
Amlak Finance, a specialized Islamic real estate financier in the Middle East, on Wednesday reported a net profit of 197…
Islamic Finance
6037 articles found
QIIG reports a net profit of QR40.96m for H1, 2021
Qatar Islamic Insurance Group, a Qatari public shareholding company, has disclosed its financial statements for the first half of the…
SAMA launches Islamic finance research support program
The Saudi Central Bank (SAMA) announces the launching of the Islamic finance research support program to support researchers in the…
Emirates Islamic wins global award for 'Best Credit Card' and 'Best Islamic Bank in Customer Experience'
Emirates Islamic has secured two prestigious awards at the World Finance Islamic Finance Awards 2021, recognising the bank’s excellence in…
US$ 174.6 billion sukuk issued globally in 2020
The International Islamic Financial Market (IIFM) announced the launch of the 10th Anniversary Edition of its Annual Sukuk Report. The…
Al Salam Bank – Bahrain announces financial results for the second quarter ended 30 June 2021
Al Salam Bank – Bahrain (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) has reported net profit…
Takaful’s net profit rises 75%
Takaful International Company’s board of directors have approved the financial results for the three month period ended June 30, 2021.…
Dubai Islamic Bank raises foreign shareholding limit to 40%
Foreign investors can pick up to 40 per cent in Dubai Islamic Bank, which has received clearance from the UAE…
Kuwait Finance House Q2 profit more than triples
Kuwait Finance House, a Sharia-compliant bank, said on Tuesday net profit for the second quarter more than tripled due to…
Digital Banking UX in Islamic Finance
Sharia-compliant financial services has required the right digital tools for a positive user experience. If your organisation provides products…
GCC’s Islamic insurers face profitability challenges in 2021
GCC’s Islamic insurers (Takaful) are expected to face profitability pressures due to very high competition in the overcrowded insurance industry…
Islamic banks’ market share expected to grow this year
Qatari Islamic banks are likely to see their market share grow further in 2021, particularly if the proposed merger of…