New Maisarah Islamic Banking Services Branch Launched in Al Hail
• Maisarah branches are located in Al Hail, Azaiba, Salalah, Sohar&Birkat Al Mouz • 5 branches opened since 2013…
Retail Banking
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Ibdar Bank H1 revenues up 51pc to $11m
Bahrain-based Ibdar Bank, a wholesale Islamic investment bank, has reported total revenues of $11.1 million during the first half of…
Our vision is to become the best bank in the region
Abdul Hakeem Omar al Ojaili, acting CEO of BankDhofar, says that the bank applies cutting-edge technology, introduces state-of-the-art banking solutions,…
Saudi Hollandi Bank introduces "Ready Cash"
Saudi Hollandi Bank has launched Ready Cash, a first-of-its-kind Shariah compliant product in the kingdom that will give the Bank's customers…
Ibdar Bank revenues up 51 per cent for first half of 2015
Ibdar Bank, the Bahrain based wholesale Islamic investment bank, has announced its financial results for the first half of…
Banks in UAE no longer demand blank cheques
Banks in the UAE no longer ask for blank security cheques against unsecured lending, but the amounts written on these…
Al Baraka raises net income by five per cent for H1 2015
Commenting on these results, H.E Sheikh Saleh Abdullah Kamel, Chairman of Al Baraka Banking Group , said "The unstable political…
Shuaa Capital second quarter net profit falls 72%
SHUAA Capital has reported its financial results for the second quarter ended 30 June 2015. The second quarter…
Seychelles Bank turning Sharia-compliant
Seychelles-based BMI Offshore Bank, partly owned by BMI Bank Bahrain, is being converted into a Sharia-compliant bank, it has emerged.…
Fraud Alert: UAE banks replace credit cards following security breach
Several credit cards are being replaced across the UAE by some banks following a possible security beach involving online hackers.…
Emirates NBD partners with Uber on exclusive offer for cardholders
Emirates NBD has built a strong reputation in offering convenient banking solutions enabled by technology, a philosophy we share with…
Noor Bank reports increase in profit by 26 percent to AED 272 Million for H1, 2015
Noor Bank today reported record net profits of AED 272 million for the first six months of the current year…