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Emirates Islamic H1 net jumps 37pc to $460m; highest everEmirates Islamic achieved its highest ever half-year net profit, with a remarkable 37% increase to AED1.7 billion ($460 million) propelled by superior levels of both funded and non-funded income. Total in More… |
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Emirates Islamic issues $750m 5-year Sustainability SukukEmirates Islamic, a leading UAE Islamic financial institution, has announced the successful pricing of its $750 million first ever Sustainability Sukuk, marking a milestone in the bank’s sustainable journey, and Islamic finance industry. More… |
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Emirates Islamic Q1 net jumps 35pc to record $221mEmirates Islamic net profit surged to a record AED811 million ($221 million) in the first quarter of 2024, up 35% year-on-year, underpinned by a robust 19% growth in total income, propelled by higher funded and non-funded income streams. Net p More… |
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Emirates Islamic concludes debut $500 million financing facilityEmirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced the successful conclusion of its debut $500 million syndicated financing facility. The landmark three-year term financing facility is the firs More… |
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Emirates Islamic marks 20 years of outstanding progressEmirates Islamic, one of the leading Islamic financial institutions in the UAE, remains committed to advancing Dubai’s status as the global capital of the Islamic economy. Celebrating its 20th anniversary More… |
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Beeah inks landmark ESG agreement with Emirates IslamicBeeah Group, the Middle East’s sustainability pioneer, has entered into a joint agreement with Emirates Islamic for a groundbreaking partnership that includes environmental, social, and governance (ESG)-linked financing facility, marking More… |
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Beeah inks landmark ESG agreement with Emirates IslamicBeeah Group, the Middle East’s sustainability pioneer, has entered into a joint agreement with Emirates Islamic for a groundbreaking partnership that includes environmental, social, and governance (ESG)-linked financing facility, marking More… |
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Emirates Islamic 2023 net profit soars 71% to record $580mEmirates Islamic has posted an impressive 71% surge in 2023 net profit, reaching an unprecedented high of AED2.12 billion ($580 million). This remarkable growth can be attributed to the u More… |
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EI launches digital wealth offering and equity trading on App EI+Emirates Islamic (EI) has announced the launch of a Shariah-compliant digital wealth and equity trading platform on its EI+ mobile banking App, becoming the first Islamic bank in the UAE to offer this feature to its customers. More… |
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Emirates Islamic launches QuickRemit money transfer to UKEmirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced that its 60-second online fund transfer service ‘QuickRemit’ is now available for remittances to the UK. More… |
