Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...
Tag : Islamic Banks
Ahli United Bank Bahrain hire HSBC, JP Morgan for Sukuk sale
by WebAdmin
The bank is planning to sale US dollar-denominated five-year senior Sukuk...
Dubai Islamic Bank sells additional $1 bn tier 1 sukuk
The bank received over $5.5 billion in orders for the debt sale...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
ADIB: First Islamic bank to complete digital trade finance transaction
Abu Dhabi Islamic Bank completed the transaction with the help of TradeAssets, a blockchain-based trade finance emarket...
DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
NBB to acquire 100% of Bahrain Islamic Bank’s paid up shares
On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares...
Dubai Islamic Bank, Noor Bank agree to share-swap deal
One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank...
Dubai Islamic Bank weighs in on Noor Bank acquisition
The board of directors are expected to meet on November 25 to discuss the possible acquisition...
Philippines signs law to establish Islamic banking in the country
Islamic Banks will boost financial inclusion, especially among the country’s Muslim population...