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Dubai’s DIB launches five-year $500 million Islamic bond

Dubai Islamic Bank launched a five-year, $500 million Islamic bond, or sukuk, at a spread of 365 basis points over…

May 22, 2012 3:28
 
Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank Q1 Net Profit on the Rise

Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the emirate, on Monday said its first-quarter net profit rose 11 percent, helped by growth in its core businesses.

April 30, 2012 9:48
 
Dubai's Tamweel Q1 Net Profit Down 33 Pct

Dubai's Tamweel Q1 Net Profit Down 33 Pct

Dubai-based sharia-compliant mortgage lender Tamweel posted a 33 percent fall in first quarter net profit, hit by litigation provisions.

April 17, 2012 3:50
 
Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic 2011 net profit rises 25 percent

Dubai Islamic Bank (DIB), Dubai's largest sharia-compliant bank by assets, posted a 25 percent rise in 2011 net profit, the lender said in a statement on Thursday.

February 2, 2012 1:00
 

Dubai’s Tamweel sets up $1B bond programme

Islamic mortgage lender Tamweel, badly hit by the global financial crisis and the region's property bust, has set up a $1 billion bond programme, according to a base prospectus.

December 6, 2011 10:21
 

Dubai Islamic Bank Q3 profit climbs 10.5 percent

Dubai Islamic Bank , the Gulf Arab emirate's third-largest bank by market value, reported on Saturday a 10.5 percent rise in third-quarter net profit, beating analyst expectations.

October 29, 2011 3:03
 

Dubai Lender DIB’s Q1 Net Profit Up, But Misses Forecast

DIB reports 11 percent gain in first quarter * Lender net profit rises to 222 mln dirhams; Bank's assets reach 100.4 bln dirhams;

May 1, 2011 4:10
 

Dubai Islamic Bank may acquire Tamweel

The bank owns a near 20 percent in the UAE-based lender.

June 3, 2010 9:57
 

DIB fraud defendants file charges against bank

Prosecutors in Dubai had charged the four with wrongly obtaining a bank loan.

June 3, 2010 9:52
 
A land of opportunity… for scammers, too

A land of opportunity… for scammers, too

High profile cases are mounting in the UAE as bribery, abuse of power, and financial impropriety tear through companies. These crimes harm both shareholders and investor confidence.

June 1, 2010 10:36
 
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