Islamic banking is gaining currency in the UAE as Shariah-compliant financial institutions expand their product offerings to cater to a variety of clients. Industry executives say that the ethical ...
Two prominent UAE banks, Abu Dhabi Commercial Bank (ADCB) and RAKBANK, have received positive ratings updates from leading credit agencies, reflecting their strong financial positions and ...
The earnings growth momentum for UAE-listed banks will continue in 2025, supported by strong government support and healthy capital position amid expected monetary policy tightening, consultancy firm ...
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UAE: Market share of Islamic banks grows to 17.6%; which Shariah-friendly products are in demand?In 2024, UAE Islamic banks grew 11.1 per cent compared to 9.2 per cent in the previous year for the overall banking system resulting in a slight increase in the market share of Islamic banks in ...
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