Tribal Credit has now become one of the first standalone credit and expense management solutions to offer Shari’a compliant products in the MENA region
Islamic Sharia compliant financial services
Latest in Islamic Sharia compliant financial services
DIFC
Savings scheme for expat employees in government roles will aid ‘retirement planning’ in Dubai: experts
The savings scheme will come into effect from 1 July, 2022, and aims to enhance the attractiveness and flexibility of the labour market in Dubai
Dubai
Saving scheme for foreign employees in gov’t roles to increase UAE’s talent attraction and retention: experts
The initiative will also boost the economy by allowing for capital to be invested through locally managed firms; private sector expected to follow suite
Dubai
Dubai Crown Prince launches savings scheme for foreign employees in govt roles to boost end-of-service benefits
The integrated system will offer government employees various saving opportunities across financial portfolios in order to grow their benefits and savings for the future. Citizens and residents will be able to choose multiple investment structures including traditional investment funds, and others compatible with Islamic Sharia.
bank merger
Dubai Islamic Bank approves plan to acquire Noor Bank
The acquisition will consolidate Dubai Islamic Bank’s position as one of the largest Islamic banks in the world, with combined assets of $76bn
Al Rayan Bank
How Muslim money went mainstream in the UK
Sultan Choudhury OBE, the mastermind behind the growth of Al Rayan Bank, Britain’s largest and oldest Islamic bank, speaks exclusively to Arabian Business
Asset Management
Saudi’s Sidra Capital acquires London’s prestigious Weston House
To date, the Gulf-based Sidra Capital has invested in 17 UK real estate projects