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UAE: Emirates Islamic and Dubai Courts have announced the settlements for 17 default cases of inmates who were unable to pay their debts. According to state news agency WAM, the settled cases, amounting to AED1.2 million (US$326,666), were out of 34 defa
green mobility and waste management. The facility will also ensure regular CAPEX utilisations towards investment in the modern technologies and equipment utilised by BEEAH to run existing and new sustainability-driven projects in the UAE and
The bank launched the EI+ mobile banking application, featuring 75 new banking services for retail customers. Most prominent among these was a digital wealth feature that allows customers to open investment accounts and trade in Shariah-compliant equities. The ...
The annual tournament organised by UAE Banks Federation, saw Dubai Islamic Bank win the first place, with HSBC Bank in second place and Sharjah Islamic Bank team in third place Press Release Abu Dhabi, United Arab Emirates: UAE Banks Federation, the sole representative and unified voice of UAE...
Farid Al Mulla, CEO of Emirates Islamic, said: “As a prominent local Islamic bank, Emirates Islamic remains committed to contributing to the UAE’s progress by spearheading innovations in the Islamic banking sector and creating innovative Shariah-compliant products and services that adhere to the ...
The UAE Islamic finance sector maintained steady growth throughout 2020 despite challenges posed by low oil prices and the COVID-19 pandemic. Growth in Islamic banking assets and Sukuk was healthy, Takaful was generally steady and growth in Islamic fund
the best banking services in the world. You can also find some great Islamic banks in Dubai that cater to individuals looking for Sharia-compliant banking services in the UAE. Here’s a list of the best Sharia banks in Dubai that can be approached for Islamic banking services in the ...
Islamic lifestyle roundup: Aseer Investment Company to develop tourism destination View all news Latest Stories UAE launches Ministry of Family to strengthen social fabric Malaysia International Halal Showcase marks Middle East debut in Dubai Australia’s Hejaz launches halal investment app ...
the UAE has established the Higher Sharia Authority, which met for the first time in February 2018 and seeks to develop a clear and transparent framework around Sharia products while working with other global bodies to pursue uniformity. Along similar lines, Malaysia is aiming to standardise its ...