Monday 27 April 2015
 
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Al Hilal Bank

Al Hilal Bank wins best ‘Islamic Fund’ award

Abu Dhabi-based Al Hilal Bank’s ‘Al Hilal GCC Equity Fund’ has won the ‘Best Islamic Fund Award’ at the recently concluded 2015 Banker Middle East UAE Product Awards. The bank’s open-ended fund

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Al Hilal Bank denies CEO resignation reports

Abu Dhabi's government-owned Al Hilal Bank said on Thursday its chief executive had not resigned, correcting an earlier comment from a spokeswoman who said he was leaving. "Mohamed Jamil Berro still remains in his positio

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Al Hilal Bank chief executive resigns

The chief executive of Abu Dhabi government-owned Al Hilal Bank, Mohamed Jamil Berro, is leaving for personal reasons, a spokeswoman for the bank confirmed on Thursday. Sarie Ahmed Arar, currently the executive vice president of w

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Al Hilal offers first 'scented' credit card

Al Hilal Bank, an Islamic lender based in Abu Dhabi, has launched its new ‘'Laha Al Hilal Card,' a first-of-its-kind scented credit card that has especially designed for its female customers in the UAE. This comes fo

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Al Hilal Bank’s rating upgraded by Fitch

Al Hilal Bank, an Abu Dhabi based Islamic bank, has announced that its viability rating (VR) has been upgraded by global rating agency Fitch Ratings. Fitch has also affirmed the long-term and short-term issuer default ratings (IDR

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Al Hilal to allow ID cards for ATM transactions

In a major move, Abu Dhabi-based Al Hilal Bank said it will start permitting its customers to use their Emirates Identity Authority (EIDA) identity cards for withdrawals and transfers at all its ATMs across the country. This uniqu

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Abu Dhabi's Al Hilal Bank plans $500m sukuk

Abu Dhabi's Al Hilal Bank plans to raise $500 million from a capital-boosting Islamic bond issue, a document from lead arrangers said on Monday. The transaction, which has a perpetual tenor but can be bought back by the lender

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Al Hilal Bank launches new fund

Abu Dhabi-based Al Hilal Bank has launched a new fund designed for investors interested in participating in the growth and income potential of Shariah-compliant equities and sukuk from around the world. The Global Balanced Fund is

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Al Hilal Bank record profits top $120m

Al Hilal Bank, a major UAE-based bank, announced that its net profit for 2013 reached a record high of Dh441.4 million ($120.14 million), reflecting a 42 per cent increase as compared to the Dh310.3 million posted in 2012. The rec

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Al Hilal Bank wins big at IFN Awards

Al Hilal Bank, a leading Shariah compliant bank, emerged as one of the most awarded institutions at the 2013 Islamic Finance News (IFN) Awards held yesterday (February 24) in Dubai. The bank received ‘UAE Deal of the Year&rs

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