Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer

Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer

ABU DHABI: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer. This comes as part of the bank’s continuous efforts to accelerate its digital transformation strategy and enhance customers’ experience....
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Emaar offers fast track home finance for residents and non-resident buyers with Noor Bank

Emaar offers fast track home finance for residents and non-resident buyers with Noor Bank

DUBAI: Emaar Development, the global developer, has partnered with Noor Bank, a leading Shari’a-compliant bank in the UAE, to offer an exclusive, fast-track home financing programme for UAE residents and international investors. Noor Bank’s Shari’a compl...
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Dubai’s ArabianChain to create smart contracts for sukuk products

Dubai’s ArabianChain to create smart contracts for sukuk products

DUBAI: Dubai-based blockchain startup ArabianChain Technology has signed a joint venture with Dubai-and-London-based innovation firm Curiositas to create Wethaq – the world’s first platform for Islamic capital markets using smart contracts and legal automa...
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Halal sparkling grape to hit UAE shelves

Halal sparkling grape to hit UAE shelves

DUBAI: Pearl’s Vignes de France is launching a premium grape based sparkling beverage made with grape juice and infused with carbon bubbles, in the Middle East. The beverage is sparkling, 100% natural, alcohol free, and halal certified, a new alternative...
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Meethaq trains over 10000 students in ‘Little Investor’ programme

Meethaq trains over 10000 students in ‘Little Investor’ programme

MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, in step with the bank’s vision ‘To serve you better, everyday’ and commitment to promoting sustainable development, successfully concluded the third phase of its ‘Little Investor...
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ADIB, Porsche ink Islamic financing solutions deal

ADIB, Porsche ink Islamic financing solutions deal

ABU DHABI: Abu Dhabi Islamic Bank (ADIB) has signed an agreement Porsche Middle East and Africa (MEA), a subsidiary of the Volkswagen Group MEA, to provide financial services solutions to customers of the automotive company’s brands in the MENA region....
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KFH full-year 2017 net profit climbs 11.5 per cent

KFH full-year 2017 net profit climbs 11.5 per cent

KUWAIT CITY: Kuwait Finance House (KFH) reported an 11.5 per cent surge in full year net profit as financing and investments income rose while expenses fell for the sharia-compliant lender. Net profit attributable to shareholders for the period ending 31...
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Meethaq Sharia’a board reviews growth strategy

Meethaq Sharia’a board reviews growth strategy

MUSCAT: The Sharia’a supervisory board of Bank Muscat’s Meethaq Islamic Banking window held its first meeting of 2018 under the chairmanship of Sheikh Dr Ali Qaradaghi at Bank Muscat head office. The meeting was attended by the board members and...
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Dubai Islamic Economy Development Centre to enhance cooperation with RIW Group

Dubai Islamic Economy Development Centre to enhance cooperation with RIW Group

DUBAI: The Dubai Islamic Economy Development Centre (DIEDC) announced the signing of a memorandum of understanding (MoU) with the Group of Strategic Vision ‘Russia – Islamic World’ (RIW Group) to exchange expertise and best practices in the field of Isla...
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Islamic Finance Knowledge Program Highlights Business Opportunities to Entrepreneurs in Oman

Islamic Finance Knowledge Program Highlights Business Opportunities to Entrepreneurs in Oman

MUSCAT: As part of their Islamic finance knowledge program, Bank Nizwa, Takaful Oman Insurance and Al Kawthar fund organized their latest workshop in Sohar to highlight the promising and sustainable business opportunities available to entrepreneurs and Small a...
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