Islamic Development Bank elects Saudi nominee as new Prez
The Islamic Development Bank (IsDB) said that Saudi Arabia's nominee Muhammed Sulaiman Al Jasser has been elected as its new…
Islamic Finance
6034 articles found
Dubai Islamic Bank wins latest round of ongoing legal tussle with NMC's administrators
Dubai Islamic Bank on Sunday said it remained committed to the restructuring of NMC Healthcare but said the process "must…
Sharjah Islamic Bank's net operating profit increased 26%, net profit 15%
Sharjah Islamic Bank has announced an increase in its operating profit before provisions by 25.6%, amounting to AED 417.3 million for…
Standard Chartered appoints CEO for global Islamic banking arm Saadiq
Standard Chartered has appointed Khurram Hilal as Chief Executive Officer of Standard Chartered Saadiq, the Bank’s global Islamic banking arm.…
Boubyan Bank proudly launches the world's first Islamic international digital bank
- Nomo, a fully digital bank provides a mobile-first banking experience for affluent, tech-savvy consumers currently undeserved traditional banking platforms.…
Alizz Islamic Bank strengthens 'IFIN' services in all Danube Home branches
Alizz Islamic Bank has extended 'IFIN' services for instant financing to all Danube Home branches spread in the Sultanate. …
Ithmaar Bank wins Mastercard award for Best Loyalty Programme
Ithmaar Bank has received the Best Bank Loyalty Programme Award from Mastercard. The prestigious annual award was presented to…
Emirates Islamic launches campaign to provide relief to SMEs amid surges in freight costs
Emirates Islamic has introduced a preferential pricing campaign, aimed to assist existing small and medium enterprise clients, by offering relief…
Arada secures additional Dh250 million funding from Dubai Islamic Bank
Arada has announced that it has secured a Dh250 million Islamic facility from Dubai Islamic Bank to finance general construction…
QIB's mobile app now offers Group Securities digital trading and brokerage
Qatar Islamic Bank (QIB), the country’s largest Islamic lender, has teamed up with The Group Securities, a Shariah-compliant brokerage and…
Masraf Al Rayan and al khaliji appoint Group CEO of the Merged Entity
Following the merger announcement on January 7, 2021, Masraf Al Rayan and Al Khalij Commercial Bank have announced the appointment…
Bank Nizwa appoints new member in its Sharia Supervisory Board
Strengthening its leadership in the Islamic banking industry, Oman’s most trusted Islamic bank, Bank Nizwa announced during its recent Annual…