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How Islamic banks are making their mark in the post-pandemic UAE

by Andrew Sambidge Sat 27 Nov 2021Thu 13 Jan 2022

New research shows the gap between the penetration of conventional and Islamic banking products in the UAE has narrowed to just 1%

bank merger

by Sam BridgeWed 7 Aug 2019Wed 6 Oct 2021

New research says consolidation should ultimately be positive for the Islamic banking sector by creating larger, stronger and more efficient banks

Fitch Ratings

by Gavin GibbonThu 25 Jul 2019Thu 7 Oct 2021

Fitch Ratings predicts asset-quality metrics for Islamic banks in the UAE will remain under pressure for 2019

bank merger

by Gavin GibbonMon 10 Jun 2019Thu 7 Oct 2021

The acquisition will consolidate Dubai Islamic Bank’s position as one of the largest Islamic banks in the world, with combined assets of $76bn

by BloombergTue 23 Apr 2019Thu 7 Oct 2021

Dubai Islamic Bank’s acquisition of Noor Bank would create a lender with $75bn in assets

Emirates Islamic

by Sam BridgeWed 16 Jan 2019Wed 6 Oct 2021

Chairman hails performance which sees highest ever recorded net profit since bank’s inception in 2004

Sharia-compliant

by Staff writerTue 27 Nov 2018Wed 6 Oct 2021

There are currently 60 banks operating in the UAE

by Sam BridgeThu 4 Oct 2018Wed 6 Oct 2021

Emirates Islamic has announced the launch of home finance solutions to help non-residents purchase property in the UAE

by Staff Writer Tue 19 Jun 2018Thu 7 Oct 2021

Former Emirates NBD senior executive Salah Amin is named new CEO at one of the fastest growing banks in the UAE

Islamic banking

by Staff Writer Wed 9 May 2018Thu 7 Oct 2021

Mohammed Abdulla, CEO of Sharjah Islamic Bank, rings the market opening bell at Nasdaq Dubai

Islamic banking

by Staff Writer Tue 10 Apr 2018Thu 7 Oct 2021

The amount signals a two-year high, according to the UAE Central Bank