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Dubai Islamic Bank posts AED 3.4 billion in half-year net profit

Dubai Islamic Bank posts AED 3.4 billion in half-year net profit

The bank’s total income soared by 21.3% YoY to AED 11.3 billion, showcasing its ability to drive substantial revenue growth
Kuwait Finance House sells entire stake in Sharjah Islamic Bank

Sharjah Islamic Bank successfully issues $500 million sukuk

The issuance received tremendous response from international investors, attracting orders that peaked at $1.5 billion
Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk

Gulf International Bank raises SAR 1.5 billion from debut Tier 2 Sukuk

The bank’s Sukuk programme is aligned with its strategic objectives to facilitate balance sheet growth

Saudi National Bank plans to boost capital by $4.1 billion

Saudi National Bank (SNB), the Gulf state’s largest lender, said Thursday that it will increase its paid-up capital by $4.1 billion to strengthen the...

Adjusting with the environment

Global Sukuk issuance has moderated through 2022, what do you see as the reasons for this? According to S&P Global, total Sukuk issuance has...

Emirates Islamic successfully closes US$ 500 million Sukuk issuance

Emirates Islamic announced that it has successfully closed a US$ 500 million 5-year Sukuk issued from its US$ 2.5 billion Certificate Issuance Programme. The landmark...

Nasdaq Dubai welcomes listing of USD 500 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai welcomes the listing of a 500 million US dollar perpetual Additional Tier 1 Sukuk, issued by the Dubai Islamic Bank (DIB), the...

Nasdaq Dubai welcomes listing of USD 2.5 billion Sustainability Sukuk by Islamic Development Bank

Nasdaq Dubai welcomed the listing of a 2.5 billion US dollar Sustainability Sukuk by Islamic Development Bank (IsDB), the multilateral lender which finances development...