Islamic Finance Risks Raised by Dana Gas Case

the assets underpinning them are governed by UAE law) and this court has granted Dana Gas an injunction protecting it from claims until the case is decided (the first hearing is scheduled for end of December 2017). Test case for broad Islamic finance ... ( read original story ...)

Millennials key to future of Islamic banking

In the UAE, it is estimated Islamic financing assets constitute about 30 per cent of the local banking sector, a figure that has increased rapidly in recent years. “Islamic banking has been growing at roughly double the pace of conventional banking in ... ( read original story ...)

Analysis: Pakistan’s Islamic banking just amazes everyone

Everyone in Pakistan is pleasantly amazed over the fast-track popularity of Islamic banking, latest reports show. Add to this the success story of Dubai Islamic Bank of Pakistan. The market share of Islamic bank deposits rose to 13.2 per cent from 12.9 per ... ( read original story ...)

Dubai Updates Cybersecurity Strategy

See Also: 2017 Predictions on Data Security: Insights on Important Trends in Security for the Banking Industry The new strategy, designed to help portray Dubai as a world leader in cybersecurity, eventually could be expanded nationwide. "The strategy's a ... ( read original story ...)

UAE banks boost lending, revenues

said in its UAE Banking Pulse report. The increase in lending between the first quarter of 2017 and the final quarter of 2016 came after these banks' loan books fell 0.13 per cent between third and fourth quarter of 2016, signalling the end of a per­iod ... ( read original story ...)

Qatar National Bank sees no big deposit outflows

DUBAI, June 14 (Reuters) - Qatar National Bank (QNB), the largest bank in the Middle East and Africa, has seen no significant outflows of deposits since a diplomatic rift started between Qatar and certain other Arab countries, it said on Wednesday. ( read original story ...)

UPDATE 1-Qatar National Bank sees no big deposit outflows

DUBAI, June 14 Qatar National Bank (QNB), the largest bank in the Middle East and Africa, has seen no significant outflows of deposits since a diplomatic rift started between Qatar and certain other Arab countries, it said on Wednesday. Last week ... ( read original story ...)