Tag: #Islamic Banking
UAE’s ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan
ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal
Qatar Islamic Bank launches FAWRAN instant payment service
The instant payments service offers a rapid and secure electronic payment solution, accessible 24/7
ADIB full year net profit rises 45% to AED 5.25 billion
Net profit for Q4 2023 reached AED 1.5 billion with 29% growth versus Q4 2022
Ahli Islamic Bank signs landmark MoU with AAOIFI
The MoU seeks to synergise the expertise of Ahli Islamic and AAOIFI, by way of collaboration that involves a series of technical and professional activities
UAE’s Emirates Islamic launches QuickRemit money transfer to UK
The bank’s customers can conduct QuickRemit transfers to any Lloyds Bank account in the UK in less than 60 seconds
FABMISR inaugurates new Islamic branch in New Cairo
The new branch is designed to meet customers’ various needs, providing them with a comprehensive banking experience
NBK-Egypt posts EGP 1.57 billion in H1 2023 net profit
NBK-Egypt said its net operating income in the six months to June 30, jumped by 95% to EGP 3.9 billion.
EFG Holding’s aiBANK unveils aiPremier Elite for HNWI clients
Banking services under the segment will provide a seamless and personalised banking experience, ensuring that affluent clients receive priority attention
Boubyan Bank’s Nomo launches property investment offering for Middle East clients
Nomo, the world’s first fully-digital Sharia-compliant cross-border bank, has announced the launch of Nomo Property Finance, its mortgage alternative for clients in the Middle...
Standard Chartered ‘Saadiq’ launches USD 100 million Islamic Financial Programme
Standard Chartered ‘Saadiq’ in collaboration with the Malaysian Halal Development Corporation, the launch of a USD 100 million Islamic financial programme dedicated to supporting...