Emirates Islamic announces net profit of AED 106 million for 9M 2016
“Emirates Islamic’s results this quarter reflect the prudent provisioning and secure financial policies of the bank. In light of…
Regulation, Risk & Compliance
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Global signs agreement with Allfunds Bank
Allfunds Bank Group offers a Business to Business platform with integrated investment solutions. Created in 2000 and owned in…
Union National Bank 3Q Profit Drops 15% as Interest Income Falls
3Q net 410m dirhams vs 483m yr earlier, the lender says in statement to Abu Dhabi stock market. Mean est.…
Global signs agreement with Allfunds Bank to offer its clients access to 49,000 investment opportunities worldwide
Global Investment House a regional asset management & investment banking firm headquartered in Kuwait with offices in major capital markets…
Lawmakers file to grill Finance Minister – Political crisis brews
Three lawmakers yesterday filed a request to grill Finance Minister and Acting Oil Minister Anas Al-Saleh over the government decision…
Moody's assigns provisional A1 rating to Saudi Arabia's proposed medium-term note program
* Moody's assigns provisional A1 rating to Saudi Arabia's proposed medium-term note program * Moody's - Saudi Arabia exhibits…
External sharia audits gain traction in Islamic finance – study
External sharia audits are gaining support in Islamic finance as consumers and regulators seek more transparency and accountability, a study…
Cooperation will drive growth of FinTech
Cooperation, not competition, will drive FinTech growth in the traditional and Islamic sectors, according to industry specialists at the Global…
UAE to set up the world’s first Sharia-compliant trade bank
The UAE is to establish the world’s first Sharia-compliant trade bank to bolster its ambition to be the centre of…
BIBF explains benefits of Chartered Financial Analyst qualification
The Bahrain Institute of Banking and Finance worked with the CFA Society Bahrain to host an open house focusing on…
Saudi Arabia Said to Weigh Easing Restrictions on Foreign Banks
Saudi Arabia is exploring the possibility of granting more licenses to foreign banks and easing restrictions on their operations to…
Dubai on track to be Islamic economy hub
The Global Islamic Economy Summit 2016 kicked off in Dubai on Tuesday where industry specialists highlighted the challenges and opportunities…