Five troubled Islamic banks in Bangladesh are facing a staggering combined equity loss of nearly Tk40,000 crore, a sum that must be injected as capital to facilitate their planned merger. This massive ...

Abu Dhabi: The Central Bank of the UAE (CBUAE) imposed a financial sanction of Dh5.9 million on a foreign bank branch ...

The UAE Central Bank has fined a UAE-based bank Dh3.5 million and banned it from accepting new customers for six months due ...

Zafin's Transaction Enrichment is already in use at Commercial Bank International (CBI), a leading UAE bank, where it is supporting a more intuitive and personalized digital banking experience. By ...

Industry experts explore innovation and regulation shaping digital banking across payments, infrastructure & customer experience at FinTech LIVE Dubai ...

The UAE Central Bank has suspended the Islamic window of a bank operating in the country from onboarding new customers for ...

Global Islamic Finance Leader: UAE's dynamic policies and innovative banking have positioned it as a key player in the $2.44 trillion Islamic finance industry.

The bank's Total Income rose to AED 23,341 million in FY 2024 depicting a solid growth of 15.9% YoY compared to AED 20,142 million. Growth was supported by non-funded income which grew by 33% YoY.

KARACHI: Dubai Islamic Bank Pakistan Limited has partnered with Nestle Professional to offer customers a selection of hot beverages at its Wajaha- Priority Banking Lounge. This new offering is ...

Dubai Chambers has signed a Memorandum of Understanding (MoU) with Dubai Islamic Bank (DIB) to enhance the banking services available to the business community and support the local and global ...

Dubai, July 23, 2024Dubai Islamic Bank (DFM: DIB), the largest Islamic bank in the UAE, today announced its results for the period ending June 30, 2024.

He cited a recent Deloitte report which found 71 percent of consumers favouring banks with a positive social impact as evidence of this shift in the UAE’s increasingly ethical banking landscape. Ruya, ...