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Sharjah Islamic Bank reports net profit of AED 804 million, up 15.3%, for the first half of 2026 while strengthening its capital base

Sharjah Islamic Bank (SIB) continued to deliver strong financial and operational performance during the first half of 2026, supported by balanced growth across its...

Modon and ADIB introduce Abu Dhabi’s first off-plan home financing solutions

Modon has signed a Memorandum of Understanding (MoU) with Abu Dhabi Islamic Bank (ADIB) to introduce Abu Dhabi’s first-of-its-kind home financing solution for off-plan...

ADIB partners with Abu Dhabi Housing Authority to offer instant digital pre-approval for home financing to UAE nationals

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, has partnered with the Abu Dhabi Housing Authority (ADHA) to provide eligible UAE nationals with...

DIB launches ‘Unlocking Sustainable Finance’ series to accelerate climate transition across priority sectors

DIB, an Islamic financial group in the UAE, launched its ‘Unlocking Sustainable Finance’ Series, a new sector-focused platform designed to support priority industries in...

Ministry of Finance unveils UAE’s first sovereign retail T- Sukuk investment opportunities for citizens and residents

Mohamed bin Hadi Al Hussaini: The Sovereign Retail T-Sukuk Programme reflects the Ministry of Finance’s commitment, in collaboration with the Central Bank of the...

Apex Group appoints Dr. Areeba Khan as Head of Shariah Products

Apex Group Ltd, a global financial services provider with over $3.5 trillion in assets serviced, has appointed Dr. Areeba Khan as Head of Shariah Products,...

DIB successfully prices USD 1 billion Additional Tier 1 Perpetual Non-Call 6-Year Sukuk

DIB, rated A3 by Moody’s and A by Fitch, the world's first Islamic bank in the UAE, has successfully priced a USD 1 billion...

The illusion of efficiency: Why automation has failed to eliminate friction in UAE banking

If there is one expectation that defines modern banking, it is frictionless service. Customers are no longer comparing banks solely with one another, but...

ADIB and DAMAC ease the path to homeownership with new comprehensive finance solution

Abu Dhabi Islamic Bank (ADIB), an Islamic financial institution, and DAMAC Properties, the UAE’s and the Middle East’s private real estate developer, launched a...

DFSA consults on Islamic finance framework enhancements in DIFC

The Dubai Financial Services Authority (DFSA), the independent banking, financial services, and markets regulator of Dubai International Financial Centre (DIFC), launched a public consultation...

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