Algeria turns to Islamic finance to prop up economy
Algeria has launched Islamic finance products in a bid to attract money from the informal market, but bankers warn it…
Islamic Finance
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Bank Nizwa records 37% growth in net profits
Bank Nizwa, the leading and the most trusted Islamic bank in Oman continued its successful journey in the first half…
DIB Egypt's profit down 19% in H1-20
Abu Dhabi Islamic Bank – Egypt (ADIB Egypt) reported a 19.4% year-on-year (YoY) drop in its net profits, logging EGP…
QIB continues to introduce new features on its award-winning mobile application
Qatar Islamic Bank (QIB) has introduced new features to its award-winning Mobile App, in line with the bank’s ongoing efforts…
Bank ABC Islamic announces first half 2020 net profit of US$14.5 million
Bank ABC Islamic – has announces its financial results for the first half ending 30 June 2020. Below are highlights…
Meet your business goals with Maisarah commercial finance
Central to its strive to provide the best Islamic banking solutions for corporate and retail customers, Maisarah Islamic Banking Services,…
Demand for Islamic equities lifts QSE more than 49 points
A higher than average demand for the Islamic equities on Thursday lifted the Qatar Stock Exchange more than 49 points…
Abu Dhabi Islamic Bank reports H1 2020 net profit of AED587.6 million
Abu Dhabi Islamic Bank (ADIB) today reported a net profit of AED587.6 million and AED 2.5 billion in net revenue…
Al Baraka Banking Group first-half profit falls as pandemic provisions soar 345%
Islamic bank Al Baraka posted $47.09 million in half-yearly profit attributable to equity holders, a fall of 16% compared to…
QSE gains as Islamic equities outperform conventional ones
Islamic equities were seen outperforming conventional ones Monday on the Qatar Stock Exchange, which overall gained 19 points to once…
UAE- Mashreq Al Islami Income Fund surpasses $150m assets under management
Mashreq Capital has announced that its Mashreq Al Islami Income Fund has surpassed $150 million in assets under management, and…
Dar Al Takaful appoints CEO after acquisition of Noor Takaful
Completion of acquisition brings both companies a step closer to UAE’s second largest Islamic Insurance entity Dar Al Takaful has…