Monday 20 November 2017
 
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Emirates Islamic

UAE consumer uptake of Islamic banking on the rise

UAE consumer uptake and perception of Islamic banking products and services has risen for the third consecutive year, according to the 2017 Islamic Banking Index by Emirates Islamic. The results of the 2017 survey show that over h

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Emirates Islamic 9-month profit tops $135m

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has posted a net profit of Dh498 million ($135.5 million)for the nine months ending September 30 compared to Dh106 million for the same period last year.

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Emirates Islamic inks wasl home finance deal

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, said it has tied up with wasl Asset Management Group to offer attractive home finance facilities for its park-side freehold master development in the heart of Dubai.

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Emirates Islamic posts H1 net profit of $105m

Emirates Islamic’s net profit for the first half of 2017 stood at Dh387 million ($105.3million) compared to Dh137 million for the same period last year, reflecting the success of its investment deposits. One-year deposits of

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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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