April 1, 2018
The Dubai Land Department said it has signed an e-mortgage agreement with Dubai Islamic Bank to help minimise the procedures for its customers in submitting documents for mortgage contract registratio... View more
March 20, 2018
Dubai Investments has announced plans to lead a consortium of investors to launch Arkan Bank a wholesale Islamic financial institution with an initial paid-up capital of 100 million. The authorised sh... View more
October 11, 2017
Dubai Islamic Bank (DIB) the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets reported a group net profit of Dh3.301 billion ( 898.7 million) for the nine-month ... View more
July 19, 2017
Dubai Islamic Bank (DIB) the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets today reported a group net profit of Dh2.143 billion ( 583.45 million) for the firs... View more
June 7, 2017
China Construction Bank (CCB) on Wednesday rang the market-opening bell to celebrate the listing of a 1.2-billion bond on Nasdaq Dubai the region s international financial exchange. This marks the lar... View more
May 11, 2017
Agricultural Bank of China (ABC) Dubai Branch recently held a grand ceremony in celebration of its opening and designation as the RMB clearing bank in the UAE. The Dubai Branch is ABC s first RMB clea... View more
May 9, 2017
Dubai Islamic Bank (DIB) the largest Islamic bank in the UAE has been awarded the Global Islamic Business Award in the first ever edition in the region. The award was presented by Sheikh Maktoum Bin M... View more
April 29, 2017
Dubai Islamic Bank the largest Shariah compliant lender in the UAE said its Kenyan subsidiary DIB Bank Kenya has been granted licence by the central bank to carry out operations in the east African na... View more
April 11, 2017
Dubai Islamic Bank (DIB) the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets today reported a group net profit of Dh1.042 billion ( 283.68 million) for the firs... View more
March 27, 2017
Dubai Islamic Bank (DIB) the largest Islamic bank in the UAE has celebrated the launch of Panin Dubai Syariah Bank in Indonesia. Following regulatory approvals in 2015 Dubai Islamic Bank acquired almo... View more
March 20, 2017
Shaheen Al-Ghanem chief executive of Warba Bank one of Kuwait s leading banks today rang the market-opening bell to celebrate the listing on Nasdaq Dubai of a 250 million Perpetual Tier 1 Basel III co... View more
February 8, 2017
Dubai Islamic Bank has announced the successful pricing of the largest senior sukuk issuance by a financial institution globally. The 1 billion sukuk was issued with a five-year tenor maturing on Febr... View more
January 25, 2017
Dubai Islamic Bank (DIB) the first Islamic bank in the world and the largest Islamic bank in the UAE by total assets posted a net profit of Dh4.05 billion ( 1.10 billion) for the year ended December 3... View more
November 2, 2016
Sharjah Islamic Bank s (SIB) 500 million sukuk was listed on Nasdaq Dubai today. Ahmad Saad Deputy CEO of SIB rang the opening bell to celebrate the listing. The listing adds further momentum to Dubai... View more
October 26, 2016
Ahli United Bank one of Kuwait s leading financial institutions listed a 200 million sukuk today on Nasdaq Dubai the region s international financial exchange. It is the third listing on the exchange ... View more
October 25, 2016
Dubai Islamic Bank (DIB) the largest Islamic bank in the UAE by total assets posted a group net profit of Dh3.011 billion ( 819.78 million) for the first nine months of this year up 7 per cent compare... View more
Dear Visitor,
Did you find this information useful/accurate?