Dubai’s Noor Bank net profits surge 29% to Dh410 mn in H1
Noor Bank’s rise in revenue is attributed to its income generated from net financing, investments and non-funded income...
Category : Islamic Banking
Noor Bank and Azimut raise Dh500 mn for fixed maturity plan
The US-dollar Islamic fixed maturity plan, which will mature in four years, is set to provide an income of 5%...
Dubai Islamic Bank to become top Shariah bank with Noor acquisition
DIB will become one of the largest Islamic banks in the world with combined assets worth $76 billion...
Maybank to establish link between GCC, ASEAN for islamic banking
The bank will create the link between the two regions after it starts operations in Dubai branch this year...
How Islamic Finance and Investment Limited is changing finance in Bangladesh
MD A Z M Saleh says that the company is committed to making Islamic financial services accessible through its new Sharia-compliant products...
More firms turn to Islamic finance for development projects
“It is our experience that sukuk-based solutions are establishing themselves as an increasingly attractive alternative for the funding of infrastructure and development projects," says Zahid Aslam, managing director of Investment Banking at Dalma Capital Management Limited...
WIBC announces 25th edition in strategic partnership with the Central Bank of Bahrain
Over 1200 global industry powerhouses, policy makers, innovators and stakeholders will converge for the three-day long forum...
Islamic banking strengthens its presence in Ethopia
Nearly 10 commercial banks are offering Islamic banking services in the country, and three more banks are in progress...
Meezan Bank reinforces Islamic banking’s vision across sectors
Meezan Bank organised an awareness programme on Shariah way of banking, products, similarities and differences with conventional banking in joint efforts with Punjab University...
ADIB recognised for online security leadership at Middle East Security Awards
The event was also attended by 200-plus senior delegates from leading companies in the Middle East...