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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...

ADIB UK provides AED 216 million structured financing for B&Q let retail warehouses in Northern England

Abu Dhabi Islamic Bank (ADIB)-UK has provided structured financing of AED 216 million (£44.5 million) across three (B&Q) let retail warehouse assets to support...

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...

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...

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),...

UAE national wins AED 1 million cash prize with Emirates Islamic’s Kunooz savings account

Emirates Islamic announced the lucky winners of its Kunooz Savings Account draw for September 2020. UAE national, Amal Dasmal won the AED 1 million cash...

Emirates Islamic closes $500 million Sukuk issuance

Emirates Islamic successfully closed the issuance of a US$ 500 million 5-year Sukuk from its US$ 2.5 billion Certificate Issuance Programme. The landmark issuance rated...

Noor Takaful and Ajman Bank enter strategic partnership

Noor Takaful (a Dar Al Takaful company), has entered a strategic partnership with Ajman Bank. The partnership will see the addition of an array...

Sombank selects Temenos cloud-native technology to deliver digital Islamic banking services in Somalia

Temenos today announced that Sombank, a privately owned Islamic bank in Somalia, has selected the Temenos Islamic Banking solution in the cloud to...

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