Saturday 10 December 2016
 
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Emirates Islamic

SIB, Emirates Islamic list sukuk on Nasdaq Dubai

Sharjah Islamic Bank (SIB) and Emirates Islamic have listed their sukuks valued at $500 million and $250 million on Nasdaq Dubai. The listings raised the total value of sukuk listed in Dubai to $44.8 billion, reinforcing the emira

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Emirates Islamic closes $250m tap of sukuk issuance

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has successfully closed a $250 million tap of its earlier $750 million five-year sukuk issued in May 2016. This is under the bank’s $2.5 billion

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Emirates Islamic launches ‘Flex’ cards

Emirates Islamic, a top bank in the UAE, has launched a new range of cards that offers instant and flexible rewards redemption options. Emirates Islamic, a top bank in the UAE, has launched a new range of cards that offers instant

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Emirates Islamic Bank launches $750m sukuk

Dubai-based Emirates Islamic Bank has launched the sale of $750 million in sukuk with five years duration, which will be completed later on Monday, a document from lead managers showed. Pricing for the instrument has been set at 2

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Emirates Islamic posts $12m Q1 profit

Emirates Islamic, a leading Islamic financial institutions in the UAE, has registered a net profit of Dh45 million ($12.2 million) for the first quarter of the year amid a tempered market situation. Announcing the results, the UAE

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Emirates Islamic offers free fund transfers

UAE-based Emirates Islamic has launched a promotion which offers its customers free foreign currency fund transfers. Additionally, customers will also get cashback on their foreign currency transfers. Clients can get up to Dh 200 cashba

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Emirates Islamic wins big at UAE award ceremony

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has won four awards at CPI Financial’s Islamic Business & Finance Awards Ceremony. The lender was named Best Retail Bank (UAE), Best Commercial Ba

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Emirates Islamic nine-month profit doubles

Emirates Islamic, leading bank in the UAE, has announced a net profit of Dh534 million ($145 million) for the first nine months of the year, up 109 per cent compared to the same period of 2014. Total operating income stood at Dh1.

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Emirates Islamic launches remittance offer

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched a remittance offer until the end of the year. Under this offer, customers can benefit from competitive rates and zero transaction fees on

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Emirates Islamic eyes benchmark sukuk

Emirates Islamic Bank, a unit of Emirates NBD, has picked six banks for a potential benchmark-sized dollar sukuk, or Islamic bond, a source familiar with the matter said on Tuesday. The lender selected National Bank of Abu Dhabi, HSBC, Sta

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