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Emirates Islamic launches new forex servicesUAE-based Emirates Islamic Bank has today announced the launch of the first of a series of initiatives aimed at providing customers with market leading foreign exchange services. Faisal Aqil, deputy CEO, Consumer Wealth Management More… |
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Emirates Islamic plans $408m rights issueThe Islamic unit of Emirates NBD, Dubai's largest listed bank, intends to begin a Dh1.5 billion ($408 million) rights issue this month. Emirates Islamic Bank (EIB) will increase its capital to Dh3.93 billion through the offeri More… |
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Emirates Islamic, Dubai Bank complete integrationEmirates Islamic Bank has announced that it has successfully completed the integration of Dubai Bank customers, branches and operations into its platform. To date, most branches have been converted to Emirates Islamic Bank systems More… |
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UAE newcomers offered banking packageEmirates Islamic Bank (EIB), the Islamic banking arm of Emirates NBD Group, a leading financial services organisation in the region, has launched a banking package for new entrants to the UAE. The package includes personal and vehicle f More… |
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Emirates Islamic Bank prices $500m sukukEmirates Islamic Bank, the sharia-compliant arm of Dubai's largest lender Emirates NBD, priced a $500 million sukuk on Wednesday, as the lender took advantage of strong demand for Islamic debt from the Gulf Arab region. The sukuk, due to m More… |
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EIB picks banks for benchmark bondDubai's Emirates Islamic Bank, a unit of Emirates NBD, has picked banks for a potential benchmark-sized dollar sukuk (Islamic bond), lead arrangers said on Tuesday. The lender mandated Emirates NBD Capital, Credit Agricole , Dubai Islamic More… |
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EIB launches banking iPhone appEmirates Islamic Bank (EIB), a leading Islamic financial institution, has launched its mobile banking via iPhone, allowing users to access online banking from their smartphone. The new Arabic-enabled application is a first-of-its-kind offe More… |
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Emirates Islamic Q1 profit hits 2-year highEmirates Islamic Bank, a top Islamic financial institution, posted operating profits of Dh138 million ($37.5 million) for the first quarter of 2012, marking a 56 per cent growth as well as its highest operating profit in the last two years. More… |
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EIB offers 100pc home financingEmirates Islamic Bank (EIB), a leading Islamic financial institution, has launched a new Sharia-compliant mortgage product that offers UAE nationals 100 per cent financing. The new mortgage loans can be used for purchasing an existing prop More… |
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EIB, TCO join Emirati training schemeUAE companies Emirates Islamic Bank and TCO Management Consulting have signed a deal to become partners in the new Majid bin Mohammed UAE nationals training initiative. The agreement was signed with the Private Office of Sheikh Majid bin More… |
