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islamic finance

Abu Dhabi Islamic Bank appoints new head of private banking

January 25, 2022

Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, today announced the appointment of Dr Amer Alameri as the bank’s new......

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Sharjah Islamic Bank's net profit up 27%

January 21, 2022

Sharjah, 20th January, 2022 (WAM) -- Sharjah Islamic Bank (SIB) recorded net profit of AED514.1 million for the year ended in 31st December 2021,......

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Dubai Islamic Bank launches Rabbit 'FunTech' app aimed at tech-savvy customers

December 22, 2021

Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender, launched Rabbit, a “fun” digital offering that seeks to attract......

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Salama is Takaful partner for The Gate properties project

December 21, 2021

Islamic Arab Insurance Company (Salama) has inked a deal to come on board as the exclusive insurance partner for the ‘In-Between’ project......

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AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

December 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements......

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Dubai's Union Properties swings to $8.4mln net loss in Q3

November 23, 2021

Dubai-based Union Properties, one of the UAE's biggest developers, reported a net loss of 31 million dirhams ($8.44 million) for the third quarter......

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ADIB appoints new group CEO to accelerate growth strategy

November 17, 2021

Abu Dhabi Islamic Bank (ADIB) has appointed Nasser Abdulla Al Awadhi as its new group CEO to accelerate its growth strategy, the bank said today.......

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Emirates Islamic rings market-opening bell to celebrate listing of US$ 500 million Sukuk on Nasdaq Dubai

November 17, 2021

DUBAI, 16th November, 2021 (WAM) -- Salah Mohammed Amin, CEO of Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today......

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Salama reports net income of Dh43.23m in nine months

November 16, 2021

Islamic Arab Insurance Company, listed as ‘Salama’ on the DFM, on Monday reported a net income of Dh43.23 million for the nine-month......

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Emirates Islamic closes $500mln sukuk issuance

November 15, 2021

Emirates Islamic, an Islamic financial institution based in the UAE, has closed a $500 million five-year sukuk, or shariah-complaint bonds, at a......

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