Islamic Finance Archives - Page 55 of 504 - Managers of Wealth Middle East

Al Salam Bank – Bahrain announces financial results for the second quarter ended 30 June 2021

August 6, 2021

Al Salam Bank – Bahrain (Bahrain Bourse Trading Code “SALAM”, Dubai Financial Market Trading Code “SALAM_BAH”) has reported net profit…

Financial Results

Takaful’s net profit rises 75%

August 4, 2021

Takaful International Company’s board of directors have approved the financial results for the three month period ended June 30, 2021.…

Financial Results

Dubai Islamic Bank raises foreign shareholding limit to 40%

August 4, 2021

Foreign investors can pick up to 40 per cent in Dubai Islamic Bank, which has received clearance from the UAE…

Financial Results

Kuwait Finance House Q2 profit more than triples

August 4, 2021

Kuwait Finance House, a Sharia-compliant bank, said on Tuesday net profit for the second quarter more than tripled due to…

FinTech

Digital Banking UX in Islamic Finance

August 3, 2021

Sharia-compliant financial services has required the right digital tools for a positive user experience. If your organisation provides products…

Financial Results

GCC’s Islamic insurers face profitability challenges in 2021

August 1, 2021

GCC’s Islamic insurers (Takaful) are expected to face profitability pressures due to very high competition in the overcrowded insurance industry…

Financial Results

Islamic banks’ market share expected to grow this year

July 29, 2021

Qatari Islamic banks are likely to see their market share grow further in 2021, particularly if the proposed merger of…

Hedge Funds & Alternative Investments

Islamic social finance has a bigger humanitarian role

July 29, 2021

Hundreds of financial institutions are involved in Shariah-compliant transactions, making Islamic finance an established and recognised industry around the world.…

Financial Results

QIIB announces its results for the first half (H1) of 2021

July 27, 2021

H.E. Sheikh Dr. Khalid bin Thani bin Abdullah Al-Thani, Chairman and Managing Director of QIIB, announced the bank’s results for…

Executive Moves

Former Saudi minister to head IsDB

July 20, 2021

Saudi Arabia’s former economy and planning minister has been selected as the new head of the Islamic Development Bank for…

Executive Moves

Islamic Development Bank elects Saudi nominee as new Prez

July 20, 2021

The Islamic Development Bank (IsDB) said that Saudi Arabia's nominee Muhammed Sulaiman Al Jasser has been elected as its new…

Islamic Finance

Dubai Islamic Bank wins latest round of ongoing legal tussle with NMC's administrators

July 19, 2021

Dubai Islamic Bank on Sunday said it remained committed to the restructuring of NMC Healthcare but said the process "must…

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