Islamic Banking

Dubai Islamic Bank is Ready For The New

Dubai Islamic Bank today unveiled its new positioning - #ReadyForTheNew, which is based on the financial pioneer’s long-term vision to be the most progressive...

DDCAP Group™ announce membership of The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI)

DDCAP Group™ is honoured to announce that we have been accepted as a member of The Accounting and Auditing Organization for Islamic Financial Institutions...

Dubai Islamic Economy Development Centre’s initiatives in 2020 open promising opportunities, boost Dubai’s position as Global Capital of Islamic Economy

Dubai Islamic Economy Development Centre (DIEDC) recently held its fourth and final board meeting for 2020, and approved the Centre’s work plan for 2021...

Emirates Islamic supports UAE businesses with global digital banking platform – ‘businessONLINE’

Emirates Islamic has launched “businessONLINE” a digital business banking platform, to help businesses in the UAE manage all their banking needs on a single...

Dubai Islamic Bank rings market-opening bell to celebrate listing a USD one billion AT1 Sukuk on Nasdaq Dubai

Dubai Islamic Bank (DIB) rang the market-opening bell today to celebrate the listing of a one billion US dollar Sukuk on Nasdaq Dubai. The Sukuk...

Aman Board of Directors agrees new three-year growth plan following strong Q3 2020 performance

Dubai Islamic Insurance & Reinsurance Company PJSC (Aman) announces that its Board of Directors agreed a new three-year growth plan at its ordinary meeting...

ADIB provides AED 91 million financing for UAE-based client to acquire UK Business Park

Abu Dhabi Islamic Bank (ADIB) has provided AED 91 million (£18.9 million) in Sharia’a-compliant structured financing for a private UAE-based client. The financing will...

Dubai Islamic Bank successfully closes the lowest ever yielding AT1 Sukuk

Dubai Islamic Bank successfully priced a USD 1 billion Perpetual Non-Call 5.5yrs Additional Tier 1 Sukuk with a profit rate of 4.625% per annum. This...

ADIB launches UAE’s first Emirati chatbot: ADIB Chat Banking

Abu Dhabi Islamic Bank (ADIB) announced that it has launched ADIB Chat Banking, the UAE’s first Emirati customer care chatbot. The service is equipped...

Nasdaq Dubai welcomes listing of USD 600 million Sukuk by Islamic Corporation for the Development of the Private Sector

Nasdaq Dubai has welcomed the listing of a UDS 600 million Sukuk by the Islamic Corporation for the Development of the Private Sector (ICD),...

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