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Noor Islamic launches trade service for SMEsDubai's Noor Islamic Bank has launched an innovative Shari’a compliant banking service specifically tailored for SMEs that contribute significantly to the UAE’s trade flows. The first dedicated Noor Trade branch ha More… |
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Noor Islamic posts $20.5m net profit for 2012Dubai-based Noor Islamic Bank delivered a strong performance in 2012 that has translated into a rise in profits of Dh26.4 million ($7.18 million) to Dh75.5 million ($20.54 million), year-on-year. Based on the significant progress More… |
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Noor unveils new smartphone, tablet appDubai-based Noor Islamic Bank has announced the launch of its new augmented reality ‘Bank In Your Hand’ smartphone and tablet app, the first of its kind in the Middle East. The Noor App, which will be available for dow More… |
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Noor Islamic to arrange $1bn Turkish debtDubai-based Noor Islamic Bank has arranged more than $2 billion of debt transactions in Turkey since the beginning of 2011 and targets a further $1 billion before year-end, its chief executive officer told Reuters in an interview on Wednesday.&nbs More… |
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Stanchart, Noor Islamic ready loan for shipping firmLeading banks Standard Chartered and Noor Islamic joined forces to arrange a $175 million loan for Stanford Marine Group, an offshore supply vessel owner and operator with a major presence in the Gulf, India and South East Asian region. Th More… |
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Stanchart, Noor Islamic ready loan for shipping firmLeading banks Standard Chartered and Noor Islamic joined forces to arrange a $175 million loan for Stanford Marine Group, an offshore supply vessel owner and operator with a major presence in the Gulf, India and South East Asian region. Th More… |
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Dubai's Noor Islamic may break even in 2011Dubai's Noor Islamic Bank could break even in 2011, a year ahead of target, and will consider merger and acquisition opportunities later to expand overseas, its chief executive said on Wednesday. Noor Islamic Bank focuses mainly on cor More… |
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Noor Islamic Bank denies merger plansDubai's Noor Islamic Bank has no plans to merge with any other financial institution, the chairman of the emirate's Supreme Fiscal Committee said on Saturday. 'There were never any plans to merge Noor Islamic Bank with, or have More… |
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Noor Islamic mulls $300m Gulf, Turkey bondsNoor Islamic Bank, 25-percent owned by Dubai Investment Group, has two sukuk (Islamic bond) mandates, one each in the Gulf region and Turkey, the lender's chief executive said. The deal size on both issues would be between $250 million More… |
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NIB closes $300m Murabaha facility for Bank AsyaDubai-based Noor Islamic Bank, as initial mandated lead arranger and book runner with ABC Islamic Bank, National Bank of Abu Dhabi and Standard Chartered Bank, has closed a $300-million dual currency Murabaha facility for Turkey’s Bank Asya. More… |
