Dubai Islamic Bank

In other stocks, Dubai Islamic Bank closed 2 per cent lower to Dh5.36. Gulf Finance House closed 0.72 per cent lower to Dh1.38. Naeem Holding for Investment, which was listed on the Dubai Financial Market, closed 0.84 per cent higher to Dh2.4. The Abu Dhabi Securities Exchange general index closed ...

Dubai Islamic Bank (DIB), the UAE's largest Islamic bank, has launched a new home finance product called MyHome. The product is unique in that it gives a customer the flexibility to tailor EMIs as per his/her financial situation. For instance, you can choose a fixed rate for the entire life of the mortgage up to ...

Emirates will close the issuance of a $600 million 10-year sukuk on 22 March, the Middle Eastern airline has disclosed. A sukuk is an instrument similar to a Western-style bond, except that the structure ensures compliance with Sharia – Islamic religious law – which prohibits interest. The Emirates sukuk ...

Citi and Standard Chartered are joint global coordinators on the issue, with those banks and Abu Dhabi Islamic Bank, BNP Paribas, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, JP Morgan and Noor Bank hired as joint bookrunners. (Reporting by Davide Barbuscia, editing by ...

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News (IFN) Awards 2017. The Bank was recognized as the “Best Overall Islamic Bank”, “Best Islamic Bank in the UAE”, “Most Innovative Islamic Bank”, and “Best Islamic Bank for ...

There are three fully fledged Islamic banks in Kenya - First Community Bank, which was the first to get its licence on May 29, 2007; Gulf African Bank, which got the approval in 2008 and Dubai Islamic Bank in April last year. Other banks have opened the Islamic banking window, which is a specialised ...

The deal is of benchmark size, which normally means upwards of $500 million (Dh1.8 billion). Citi and Standard Chartered are joint global coordinators on the issue, with those banks and Abu Dhabi Islamic Bank, BNP Paribas, Dubai Islamic Bank, Emirates NBD Capital, First Abu Dhabi Bank, HSBC, ...

Dubai: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News (IFN) Awards 2017. The Bank was recognized as the “Best Overall Islamic Bank”, “Best Islamic Bank in the UAE”, “Most Innovative Islamic Bank”, and “Best Islamic Bank for ...

UAE, Dubai: Dubai Islamic Bank (DIB), the UAE's largest Islamic Bank, will be participating in the 18th Edition of the Careers UAE Exhibition, taking place from 13th to 15th March 2018. The Exhibition is held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice ...

UAE, Dubai: Dubai Islamic Bank (DIB), the UAE's largest Islamic Bank, will be participating in the 18th Edition of the Careers UAE Exhibition, taking place from 13th to 15th March 2018. The Exhibition is held under the patronage of His Highness Sheikh Mohammed Bin Rashid Al Maktoum, UAE Vice ...

... $2.4 billion, according to IFR News. The sukuk is Sharjah's second bond issue this year, preceded by a 2 billion renminbi ($316 million) three-year issuance in China's Panda bond market in February. The sukuk was arranged by Dubai Islamic Bank, HSBC, Sharjah Islamic Bank and Standard Chartered.

The Dubai government-owned carrier mandated Citi and Standard Chartered Bank as global coordinators and joint lead managers to arrange a global investor roadshow starting on March 8, Emirates said in an emailed statement on Wednesday. Abu Dhabi Islamic Bank, BNP Paribas, Dubai Islamic Bank, ...

Dubai index extended losses for another session to near its lowest level since November 2016 weighed by weak performance in Dubai Islamic Bank shares due to dividend adjustments. The Dubai Financial Market General index fell to a low of 3,201, the level last seen in November 2016, before closing ...

Shares of Emaar Properties and Dubai Islamic Bank weighed on Dubai index on Tuesday, even as the Saudi Tadawul index stayed flat. The Dubai Financial Market General Index closed 0.61 per cent lower at 3,286.48. Emaar Properties closed 0.63 per cent lower at Dh6.32, while Dubai Islamic Bank ...

Following the conclusion of its Annual General Meeting (AGM), Dubai Islamic Bank (DIB) announced that the assembly has approved the distribution of 45 fils per share as cash dividend for 2017, closing another year with strong returns to shareholders since the bank embarked on a growth agenda four ...

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has celebrating the listing of a $1 billion sukuk on Nasdaq Dubai. The listing is the first benchmark dollar-denominated sukuk from a GCC issuer in 2018 and provides significant support for the domestic and international growth strategy of DIB, a statement said.

Dubai Islamic Bank (DIB) rang the market-opening bell on 20 February to celebrate the listing of a $1 billion Sukuk on Nasdaq Dubai. The issuance is the first benchmark dollar-denominated Sukuk from a GCC issuer in 2018 and provides significant support for the domestic and international growth strategy ...

Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, rang the market-opening bell today to celebrate the listing of a 1 billion US dollar Sukuk on Nasdaq Dubai. The Sukuk is the first benchmark dollar-denominated Sukuk from a GCC issuer in 2018 and provides significant support for the domestic ...

Foutanga Babani Sissoko told DIB branch manager he had black magic powers and ended up taking $242m from the bank and putting the bank on verge of collapse. In a BBC report, Brigitte Scheffer reported Mali national Foutanga Babani Sissoko persuaded Dubai Islamic Bank manager, Mohammed ...

One day in August 1995 a man called Foutanga Babani Sissoko walked into the head office of the Dubai Islamic Bank and asked for a loan to buy a car. The manager agreed, and Sissoko invited him home for dinner. It was the prelude, writes the BBC's Brigitte Scheffer, to one of the most audacious ...

One day in August 1995 a man called Foutanga Babani Sissoko walked into the head office of the Dubai Islamic Bank and asked for a loan to buy a car. The manager agreed, and Sissoko invited him home for dinner. It was the prelude, writes the BBC's Brigitte Scheffer, to one of the most audacious ...

“We are hoping to launch our branchless banking platform in June,” Dubai Islamic Bank Pakistan Chief Executive Officer Junaid Ahmed said after signing an agreement with Chinese technology company, Zing Digital Commerce (technology partner of Shanghai F-Road, China), which is deploying the ...

Dubai Islamic Bank launches $1bn sukuk. Related Gallery. Revealed: The World's Richest Arabs 2016 - Banking and finance. 18 Jan 2016. Related companies. Dubai Investments. Plans revealed to set up new Islamic bank in Dubai. Dubai Investments announces plans to lead a consortium of investors to ...

Dubai, UAE: Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, has been awarded “Best Sukuk House” at the EMEA Finance Middle East Banking Awards 2017 for the second successive year. The tenth edition of the EMEA Finance Middle East Banking Awards took place at the Shangri-La ...