Abu Dhabi Islamic Bank stated that it will launch The Report: Abu Dhabi 2012.
The report will offer detailed coverage of the resilience that the Islamic finance sector is revealing against a backdrop of global economic uncertainty, bucking trends by re…
Abu Dhabi Islamic Bank (ADIB) closed a Dhs275m ($75m) syndicated Islamic financing facility for JBF RAK LLC (JBF RAK), a subsidiary of JBF Industries. This indicates the debut Islamic finance facility for JBF RAK. It is a leader in the Middle East regi…
Abu Dhabi Islamic Bank’s initiatives regarding social responsibility:
- The bank has allocated approximately 2% of its annual profits to charity and has formed a dedicated committee to study the social assistance requests from individuals and instituti…
Four banks were chosen by Majid Al Futtaim (MAF) Holding to manage its first Islamic bond issuance programme. The four banks are: Dubai Islamic Bank, Abu Dhabi Islamic Bank, HSBC and Standard Chartered.
The proceeds are anticipated to fund expansion pl…
Pakistan International Airlines Corp (PIA) raised $90 million (Dh330 million) through an Islamic syndicated fin-ancing facility.
Abu Dhabi Islamic Bank, Al Hilal Bank, Citibank, and United Bank Limited organized the facility being the mandated lead arr…
Abu Dhabi Islamic Bank (ADIB) stated that it had fully paid an $800 million, five-year Islamic bond which matured on December 12, 2011.
The bank had launched the maturing Sukuk in 2006 as part of a $5 billion trust certificate programme.
November 2011 showed a record number of sukuk issues totaling USD 8.86 billion globally, according to data compiled by Zawya Sukuk Monitor. Major launches contain a global seven-year USD 1 billion sukuk sold by Indonesia in the international markets fo…
Kuveyt Türk Chairman Mohammed Al-Omar, Vice Chairman Abdullah Tivnikli and CEO Ufuk Uyan was present at at the signing ceremony and press conference for the second “Sukuk” issuance that accepted great interest from the Gulf Region and European investo…
This is the first Turkish Sukuk under the new Sukuk regulations presented by the Capital Markets Board in Turkey to facilitate Turkish Sukuk issuance.
The joint lead managers were HSBC, Standard Chartered, Liquidity Management House, Abu Dhabi Islamic …
Abu Dhabi Islamic Bank gained a record net profit of Dh319.1 million for the quarter ended September 30, an increase of 3.2 per cent over the corresponding period on higher income.
Inspite of difficult market conditions and continued global financial c…
