Saturday 16 December 2017
 
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Islamic Banking

Islamic banking assets set for 5pc growth, says CBB chief

The Islamic banks' asset growth has slowed from the historical level of 14 to 15 per cent and is set to grow at around 5 per cent for the next couple of years amid the economic slowdown experienced by the GCC countries, said a top official.

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Islamic banking assets set for 5pc growth, says CBB chief

The Islamic banks' asset growth has slowed from the historical level of 14 to 15 per cent and is set to grow at around 5 per cent for the next couple of years amid the economic slowdown experienced by the GCC countries, said a top official.

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Largest Islamic banking forum opens in Bahrain

The largest and most prestigious gathering of Islamic banking and finance leaders in the world will open today in Bahrain with the participation of over 1,300 global industry leaders, policy makers, innovators and stakeholders. &n

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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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Bahrain to host major Islamic banking conference in Dec

The 24th edition of World Islamic Banking Conference (WIBC), the world’s longest running Islamic banking conference, is set to return to Bahrain this December, and will take stock of the most pressing issues affecting the global financia

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Islamic banking products ‘losing appeal in UAE’

The number of UAE consumers applying for Islamic banking products has declined since last year, according to a new study from yallacompare, a leading comparison site in the Middle East. By analysing statistics from its financial c

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Qinvest reports $9.5m profit for H1

Qinvest, Qatar's leading private investment group and one of the region’s most prominent Islamic financial institutions, reported a net profit of QR34.6 million ($9.5 million) for the first half of 2017. Revenues from al

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UAE Islamic banking assets ‘will boost halal sector’

The UAE’s Dh522 billion ($142 billion) Islamic banking assets will help fuel the growth of the country’s Halal sector, according to research conducted by Orange Fairs and Events, organisers of the Halal Expo Dubai 2017.

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Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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Islamic banking assets surge to $924bn in 2015

The assets of Islamic banking reached $924 billion in 2015, with growth rates declining across all regions compared to previous years, says a new report from professional services firm EY. The GCC region’s share of participa

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