Dubai Islamic Bank discloses Dh1.55 billion exposure to NMC
Dubai Islamic Bank on Sunday disclosed to the Dubai Financial Market that it has an approximate exposure of $424 million…
Islamic Finance
6037 articles found
International Islamic Trade Finance Cooperation provides US$850 million for COVID-19 Emergency Interventions for Organization of Islamic Cooperation (OIC) Member Countries in Most Need
Societies and economies are being affected by the unprecedented and unpredictable nature of the COVID-19 pandemic. These include a major…
Bahraini court's ruling against Iranian Bank lacks legal value: FM Spokesman
Spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran has decried the Bahraini government’s ruling against…
Maybank Islamic’s new Dubai branch sets out to attract Gulf investors to Southeast Asia
Maybank Islamic’s move into branch banking in the Middle East aims to give investors there a first taste of investment…
COVID 19: How Dubai banks can make your life, businesses easier this April
Emirates NBD, Dubai Islamic Bank, Emirates Islamic Bank, Mashreq Bank and Commercial Bank of Dubai have rolled out a series…
Abu Dhabi bank taps Lazard to advise on NMC, Finablr exposures
Abu Dhabi Commercial Bank hired Lazard Ltd. to advise on its exposure to NMC Health Plc and Finablr Plc, as…
Islamic finance to expand in 2020 as demand for Shariah-compliant products grows
Islamic finance is poised to expand in 2020 and beyond, helped by growing use of Shariah-compliant products in the GCC…
National Takaful Company “Watania” Earns 13.1 Million Dirhams in Net Profit for the Year 2019.
National Takaful Company “Watania” has announced positive financial results in 2019, as the company's net profit increased to 13.1 million…
Islamic financing asset growth to continue to pick up in 2020: Moody’s
Islamic financing asset growth will continue to pick up in 2020, Moody’s Investor Service said and noted that mergers between…
Abu Dhabi Islamic Bank's shareholders approve increase in foreign ownership limit
Abu Dhabi Islamic Bank secured shareholders’ approval to raise its foreign ownership limit to 40 per cent, up from the…
Moody's – GCC and Malaysia to drive Islamic finance growth
Sukuk issuance is set to remain stable at around $180 billion this year There are downside risks from the coronavirus…
Bahrain's KHCB gets shareholder approval for delisting from Dubai's DFM
Khaleeji Commercial Bank’s shareholders agreed to delist the bank’s shares from Dubai Financial Market, the Bahraini bank said in a…