Monday 10 December 2018
 
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Islamic

Global cooperation ‘can open new doors for Islamic Finance’

Regional and global cooperation can open new doors for the Islamic finance sector and we cannot hope for a new growth paradigm while maintaining the status quo, said Rasheed Mohammed Al Maraj, Governor, Central Bank of Bahrain. &n

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FAB launches new brand for its Islamic business

First Abu Dhabi Bank (FAB), the UAE’s largest bank, announced today that it is launching a new FAB Islamic logo inspired by the FAB Brand Identity and that its wholly-owned subsidiary, Abu Dhabi National Islamic Finance (ADNIF), has chan

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Islamic economy 'to boost social integration, innovation'

More than 3,000 attendees are hearing from a distinguished panel of industry experts and visionary leaders discuss ideas to leverage the Islamic economy to boost social integration and promote innovation and technology at the fourth edition of t

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Islamic New Year holiday on Sept 11 in Bahrain

Bahrain's ministries, departments and official institutions will be closed on Tuesday, September 11, corresponding to Muharram 1, marking the 1440H New Year.    Prime Minister His Royal Highness Prince K

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DGCX in deal to boost Dubai’s Islamic finance status

The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) have signed a MoU to share knowledge, promote shari’ah compliant finance, and help foster Dubai as the global capital of Islamic econom

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DGCX in deal to boost Dubai’s Islamic finance status

The Dubai Gold and Commodities Exchange (DGCX) and the Dubai Islamic Economy Development Centre (DIEDC) have signed a MoU to share knowledge, promote shari’ah compliant finance, and help foster Dubai as the global capital of Islamic econom

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Bank ABC Islamic posts H1 profit of $15.6m

Bank ABC Islamic today announced that its net profit for the first half of 2018 was $15.6 million, 3% higher than the net profit of $15.1 million reported in the first half of 2017.    Second quarter 2018 ne

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Al Hilal Bank partners with ADGM to promote Islamic finance

Al Hilal Bank has announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic finance in Abu Dhabi and across the UAE.   

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Dubai Islamic Bank donates $4m to Sharjah charity

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has donated Dh15 million ($4.08 million) of Zakat money to Sharjah Charity International, said a report. Abdul Razzaq Al Abdullah, head of Community Services Departmen

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Cibafi AGM focus on strategic plan 2019-2022

The General Council for Islamic Banks and Financial Institutions (Cibafi), the global umbrella of Islamic financial institutions, held its Annual General Meeting in Jeddah, Saudi Arabia and discussed the Strategic Plan 2019–2022.

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