Islamic Banking

Nasdaq Dubai welcomes listing of USD 2.5 billion Sustainability Sukuk by Islamic Development Bank

Nasdaq Dubai welcomed the listing of a 2.5 billion US dollar Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development...

Royal Group inks the world’s first Islamic green financing agreement of $250 million in the hospitality sector with Maybank Singapore

Royal Group of Companies (“Royal Group”) has obtained the world’s first Islamic green financing in hospitality from Maybank Singapore. The total financing of S$250...

BIBF set to launch a first-of-its-kind Islamic Finance Qualification with CFA Society Bahrain

The Bahrain Institute of Banking and Finance (BIBF), the region's premier training and development provider, announced its collaboration with CFA Society Bahrain to launch a...

Emirates Islamic transforms branch network to support people of determination

Emirates Islamic has transformed nine branches to provide people of determination with convenient user experiences. The initiative is part of the bank’s commitment to...

Dubai Islamic Bank shareholders approve 20% dividend as robust growth continues despite economic challenges

Dubai Islamic Bank (DIB) successfully concluded its Annual General Meeting (AGM) held remotely at the bank’s headquarters in Dubai. Following the conclusion of the...

Emirates Islamic commended for efforts to advance inclusion of People of Determination in the UAE

Emirates Islamic has been honoured by the Ministry of Human Resources and Emiratisation (MoHRE) for its leading role in advancing the inclusion of people...

BIBF and Bedford Row Capital to develop the first ever digital Mudarabah Platform

As part of its endeavors to facilitate the digital transformation of the Islamic finance industry, the Bahrain Institute of Banking and Finance (BIBF), announced...

ADIB reports FY 2020 net profit of AED 1.6 billion driven by a resurgent second half net profit growth of 73% compared to H1...

Abu Dhabi Islamic Bank (ADIB) delivered strong recovery of 73% growth in net profit in H2 2020 compared to H1 2020 despite the continuing...

Emirates Islamic expands exclusive services to SMEs by launching new Business Banking centres

Emirates Islamic expanded its Business Banking centre network to support small and medium enterprises (SMEs) by launching two new facilities in the heart of...

Emirates Islamic launches campaign offering three apartments and a grand cash prize of AED1 million with Kunooz Savings Account

Emirates Islamic has launched a new savings promotion that offers Kunooz Savings Account holders the chance to win a series of life-changing prizes. During...

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