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.
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
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
Emirates Islamic Bank (EIB), in co-operation with MasterCard Worldwide, became the first Islamic bank in the country to introduce a MasterCard unembossed chip debit card.
Chip technology is one of the latest innovations in the payments ind