islamic banking


Bank Of Bahrain And Kuwait And Ithmaar Holdings To Discuss Acquisition Plans

Middle East Business News - Published date: .

BBK is exploring the possibility of acquiring the Bahrain operations of Ithmaar Bank Read more

Abu Dhabi Bank Said To Seek $136m Savings By Cutting Jobs

Middle East Business News - Published date: .

Sources say Abu Dhabi Islamic Bank also plans to shut some local and international branches Read more

GCC Issuances Help Drive $42.2bn Sukuk Market In 2019

Middle East Business News - Published date: .

Global sukuk issuance rose 6 percent in 2019 as the range of issuers and investors broadened, says Fitch Ratings Read more

Malaysia's Largest Islamic Bank Opens First Overseas Branch In Dubai

Middle East Business News - Published date: .

Maybank Islamic is the Shariah-compliant division of Malaysia's largest lender Malayan Banking Berhad Read more

Islamic Banking Penetration In The UAE Hits New High

Middle East Business News - Published date: .

Islamic Banking Index by Emirates Islamic, which was first launched in 2014, shows penetration levels this year are at t... Read more

UAE Islamic Banks See Slower Financial Growth

Middle East Business News - Published date: .

Fitch Ratings predicts asset-quality metrics for Islamic banks in the UAE will remain under pressure for 2019 Read more

UAE's Al Hilal Bank Plans Digital Transformation Under New CEO

Middle East Business News - Published date: .

Amr Al Menhali, newly appointed as Al Hilal Bank's CEO, will lead a digital transformation to enhance customer experienc... Read more

Bahrain's GIB Establishes Saudi Arm With $2bn Capital

Middle East Business News - Published date: .

The bank's Saudi arm will be owned equally by GIB and Saudi Arabia's Public Investment Fund Read more

Saudi Banking Giant Picks Temenos For Digital Transformation

Middle East Business News - Published date: .

Al Rajhi Bank, the world's largest Islamic bank, appoints software firm to drive digital solutions Read more

Abu Dhabi Bank Appoints New CEO To Drive Growth

Middle East Business News - Published date: .

Abu Dhabi Islamic Bank has announced the appointment of Mazin Manna as its new Group CEO Read more

Abu Dhabi Islamic Bank Said To Mull Merger Option

Middle East Business News - Published date: .

Sources say the UAE's second-biggest Islamic lender is in early talks with financial advisers about measures Read more

UAE's Biggest Islamic Bank Lists $750m Sukuk On Nasdaq Dubai

Middle East Business News - Published date: .

Dubai Islamic Bank is the leading UAE-based sukuk issuer by value on Nasdaq Dubai with a total of $6bn Read more

Emirates Islamic Posts Record $251m Net Profit In 2018

Middle East Business News - Published date: .

Chairman hails performance which sees highest ever recorded net profit since bank's inception in 2004 Read more

Emirates Islamic Posts Record $251m Net Profit In 2018

Middle East Business News - Published date: .

Chairman hails performance which sees highest ever recorded net profit since bank's inception in 2004 Read more

Emirates Islamic Posts Record $251m Net Profit In 2018

Middle East Business News - Published date: .

Chairman hails performance which sees highest ever recorded net profit since bank's inception in 2004 Read more