Saturday 25 October 2014
 
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Abu Dhabi Islamic bank

Adib offers low-risk sharia-compliant stocks

Abu Dhabi Islamic Bank (Adib) is offering investors low-risk exposure to global sharia-compliant stocks through a new 100 per cent capital-protected note that tracks the Dow Jones Islamic Market Titans 100 index. The launch of the

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Adib customer wins two years’ salary

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, announced today (June 26) the winners in its Adib Bonus Programme, which included Najla Ahmed who won a cash prize equivalent to 24 months of her monthly salary in

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Reuters, ADIB to host ethical finance innovation awards

Thomson Reuters and Abu Dhabi Islamic Bank (ADIB) are seeking entries for the 'Ethical Finance Innovation Challenge and Awards' (EFICA) which aims to honour major players in Islamic banking innovation. The duo will be join

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ADIB launches new note for investment in car firms

Abu Dhabi Islamic Bank (ADIB) has launched a new capital-protected note for investment in global car manufacturers including Toyota, Hyundai, KIA, BMW and Tata Motors. The Emirati bank's move comes following the huge success a

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ADIB Q1 net profit up 20pc on higher lending

Abu Dhabi Islamic Bank , the largest sharia-compliant lender in the emirate, met analysts' expectations as it posted a 20.4 percent rise in first-quarter net profit on Monday, with higher lending cited for the increase. The le

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ADIB Egypt swings to $14.5m profit in 2013

Abu Dhabi Islamic Bank (ADIB) Egypt has reported a net income of EGP103 million ($14.5 million) for the year ending December 31, 2013, compared to EGP855 million loss in 2012. The bank reported gross revenues of EGP580 million, wi

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Barclays to sell UAE retail ops to ADIB

Barclays has agreed to sell its retail banking operations in the United Arab Emirates to Abu Dhabi Islamic Bank (ADIB), ADIB said on Sunday. ADIB, the emirate's largest sharia-compliant lender, said the acquisition was expecte

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ADIB to pay out half of profit as dividend

Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, announced the distribution of 30.66 per cent cash dividends, which represent 50 per cent of full year net profits for 2013. The bank will also issue

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Adib offers salary transfer deal with perks

Abu Dhabi Islamic Bank (Adib), a top-tier Islamic financial services institution, has launched a new package for people who transfer their salary to Adib, including a free credit card, free remittance services and a chance to win two years&rsquo

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ADIB's profit leaps on higher revenue

Abu Dhabi Islamic Bank (ADIB) reported a 41 per cent rise in fourth-quarter net profit helped by higher revenue from its core business, beating analysts' forecasts. Banks in the UAE are reaping the benefits of a recovering eco

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