Friday 21 July 2017
 
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Emirates Islamic

Emirates Islamic unveils new tech for customer security

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced that it has introduced blockchain technology into its cheques as a fraud prevention measure. Termed ‘Cheque Chain’, Emirates

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Emirates Islamic scheme offers up to 2.57pc profit rate

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today launched ‘Booster Wakala Deposit,’ offering higher expected profit rates up to 2.57 per cent per annum. With this product, Emirates

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Emirates Islamic posts $60m Q1 profit

Emirates Islamic, a leading Islamic bank in the UAE, has reported a net profit of Dh221 million ($60 million) for the first quarter (Q1) of 2017 as compared to Dh45 million during Q1 2016, reflecting higher profit rates on investment term deposi

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Emirates Islamic offers bonus Skywards Miles

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a mega Miles campaign on its Skywards Cards. The bank will offer bonus Skywards Miles to new cardholders and higher Miles for spends on

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Emirates Islamic offers bonus Skywards Miles

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a mega Miles campaign on its Skywards Cards. The bank will offer bonus Skywards Miles to new cardholders and higher Miles for spends on

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Emirates Islamic Q1 profit surges to $60m

Emirates Islamic, a leading Islamic financial institution in the UAE, has reported a five-fold growth in its net profit which soared to Dh221 million ($60.16 million) for the first quarter from Dh45 million ($12.25 million) for the same period i

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Emirates Islamic launches Visa credit card

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has partnered with global payments technology company, Visa, to launch the Emirates Islamic Skywards Visa Signature credit card. Emirates Islamic Skyw

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Emirates Islamic posts $26.86m profit

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, posted a net profit of Dh106 million ($28.86 million) for 2016. Total Income for 2016 (net of customers’ share of profit and distribution to suk

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Emirates Islamic income hits $680m in 2016

Emirates Islamic, one of the fastest growing banks in the UAE, said its total income (incuding the net of customers’ share of profit and distribution to Sukuk holders) for 2016 surged three per cent to Dh2.5 billion ($680.4 million).

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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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