Thursday 24 April 2014
 
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Al Hilal Bank

Al Hilal Bank record profits top $120m

Al Hilal Bank, a major UAE-based bank, announced that its net profit for 2013 reached a record high of Dh441.4 million ($120.14 million), reflecting a 42 per cent increase as compared to the Dh310.3 million posted in 2012. The rec

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Al Hilal Bank wins big at IFN Awards

Al Hilal Bank, a leading Shariah compliant bank, emerged as one of the most awarded institutions at the 2013 Islamic Finance News (IFN) Awards held yesterday (February 24) in Dubai. The bank received ‘UAE Deal of the Year&rs

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Al Hilal Bank wins top Islamic finance award

Al Hilal Bank, fully owned by the Abu Dhabi Investment Council, the investment arm of the Government of Abu Dhabi, has been named ‘Best Islamic Financial Pioneer’ at the recent Tatweej Academy for Excellence Awards in Dubai.

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Al Hilal gets PCI-DSS certification

Abu Dhabi-based Islamic lender Al Hilal Bank has announced that it has been certified under the international Payment Card Industry Data Security Standard (PCI-DSS). This assures customers that the bank has world-class measures in

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Al Hilal Bank to price debut sukuk Tue

Abu Dhabi government-owned Al Hilal Bank will price its debut Islamic bond offering on Tuesday, subject to market conditions, a document from lead managers said, with investors showing strong demand for the issue. Books are now op

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Al Hilal Bank eyes $500m sukuk issue in Q4

Abu Dhabi government-owned Al Hilal Bank expects net profit growth of over 40 percent this year as it prepares to make a debut sukuk issue of $500 million in the fourth quarter, its top executive said on Wednesday. Earlier this we

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Al Hilal Bank deploys Islamic finance solution

Abu Dhabi-based Al Hilal Bank has deployed an advanced Islamic banking technology from International Turnkey Systems (ITS Group), a leading IT solutions and software services provider. The Sharia-complaint Ethix-Profit Computation

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Al Hilal Bank goes ‘dark’ for a brighter future

A new green initiative will be taken by Abu Dhabi-based Al Hilal Bank, by promoting and offering dark-themed backgrounds and screensavers in commemoration of World Environment Day, on June 5. The bank will also continue its sustai

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Al Hilal equity fund nets 11.8pc returns

Al Hilal Bank, an Islamic lender based in Abu Dhabi, said its GCC Equity Fund launched in April 2011, has returned 11.80 per cent since beginning of this year. An open-ended fund, the Al Hilal GCC Equity Fund provides investors wi

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Al Hilal Bank opens child-oriented branch

Al Hilal Bank, fully owned by the Abu Dhabi Investment Council, recently opened its new full-fledged children’s branch at its Al Hilal Mall Branch in Abu Dhabi’s Corniche area. The ‘Seghaar’ branch for the

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