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Dubai Islamic Bank H1 net profit up 7pc to $583m

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

China Construction Bank marks $1.2bn Nasdaq Dubai listing

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

China Construction Bank marks $1.2bn Nasdaq Dubai listing

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

Agricultural Bank of China kicks off ops in Dubai

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

Dubai Islamic Bank wins top business award

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

Dubai Islamic Bank unit wins Kenya licence

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

Dubai Islamic Bank Q1 profits up 4pc to $283m

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

DIB launches Panin Dubai Syariah Bank in Indonesia

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

Kuwait’s Warba Bank lists sukuk on Nasdaq Dubai

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

Dubai Islamic Bank issues $1bn senior sukuk

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

Dubai Islamic Bank profit up 6pc to $1.1bn

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

Sharjah Islamic Bank lists $500m sukuk on Nasdaq Dubai

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

Ahli United Bank lists $200m sukuk on Nasdaq Dubai

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

Dubai Islamic Bank profits up 7pc to $819.7m

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