Banking News

Islamic social finance has a bigger humanitarian role

Islamic finance is used towards contributing to environmental, social and humanitarian projects, in line with the spirit of Islam.

Partner Content: After DFSA approved FFA Private Bank (Dubai) Limited’s change of control, FFA Group headquarters shall be located in the Dubai International Financial Center (DIFC)

This Dubai bank's online services will not be available on Tuesday

Bank to carry out maintenance work on that day from 2am to 10am UAE time

ADCB proposes Dh1.878b in cash dividends

Proposal was made during the Annual General Assembly held virtually.

UAE: New banking guidelines to protect consumers

Banks, financial institutions will have to incorporate principles of responsible financing.

UAE's largest bank names first woman CEO

Hana Al Rostamani appointed as group chief executive officer of FAB.

UAE Central Bank launches FinTech Office to develop a mature industry ecosystem

Move will accelerate transformation of digital payments and support financial inclusion.

Revealed: Why UAE residents prefer Islamic banks over conventional banks for loans

Shariah-compliant banks lead in personal finance products due to several factors, mainly for transparency and trust.

UAE Central Bank extends Tess scheme to June next year

Move will provide relief for banks, finance companies enabling them to provide new loans, facilities to customers affected by the pandemic.

Dubai Islamic Bank completes integration with Noor Bank

Creates one of the largest Islamic banks in the world with assets exceeding Dh300 billion