Bank of Sharjah achieves robust underlying profit performance
Bank of Sharjah delivers strong UAE profit performance of AED309 million, and net consolidated Group profit (before exceptional non-cash items)…
Islamic Finance
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Sukuk growth may be blunted by UAE's tighter standards: S&P
The growth in shariah-compliant bond issuance this year could be hurt by complications arising from the UAE’s recent adoption of…
KHCB launches the new version of "Khaleeji Mobile App"
Continuing its pursuit of providing innovative digital services to its clients in-line with its new strategic objectives, and to facilitate…
Second additional offering of Alkhabeer Reit Fund
Alkhabeer Capital has announced the commencement of the subscription period for the second additional offering of Alkhabeer REIT Fund, a…
NMC's administrators set for new round of hearings in dispute with Dubai Islamic Bank
Alvarez & Marsal, the administrator of the UAE's biggest healthcare operator NMC Healthcare, secured a stay late on Thursday evening…
Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a…
Islamic social financing in the COVID-19 era and beyond
At these extraordinary times in the world, where the devastating effects of the coronavirus disease (COVID-19) are still being felt…
Ithmaar Bank launches special financing offers for Danaat Al Baraka villas
Ithmaar Bank has announced the launch of special financing offers for villas at the Danaat Al Baraka development located in…
Path Solutions successfully completes system upgrade at KFH
Path Solutions has announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its…
Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a…
Saudi Tas'heel gets credit card finance approval from SAMA
Saudi Arabia’s United Electronics Co (eXtra) said its fully-owned subsidiary, United Company for Financial Services (Tas’heel), on Wednesday obtained a…
ADIB partners with Diebold Nixdorf to deliver 24/7 access to essential banking services
Emirati financial institution Abu Dhabi Islamic Bank is expanding its partnership with Diebold Nixdorf, a global leader in driving connected…