islamic finance
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QIB-UK, a wholly-owned subsidiary of the Qatar Islamic Bank Group, has won the ‘Best Islamic Bank United Kingdom’ award from The Banker Magazine. This is QIB-UK’s fi rst award of that kind aft er a strong fi nancial performance for the year ending 2018. The bank saw its net profit aft er tax increased by…
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At the beginning of February, Al Rayan Bank announced the appointment of Simon Moore as the Chairman of its board of directors.Moore replaces Robert Sharpe who is stepping out after four years of chairman’s role. Also serving as the chairman of Cambridge & Counties Bank , Moore was a member of the management board of…
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The UK’s Islamic finance sector continued to grow in 2018 despite the economic uncertainty posed by the lack of a trade deal with the European Union in the aftermath of Brexit vote. The country witnessed its largest ever corporate Sukuk issuance and the launch of several new initiatives such as the Islamic Fintech Panel and…