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Islamic bank

Islamic bank latest

The largest Islamic bank in the UAE by total assets, DIB said the board allowed the bank to explore possible acquisition of Noor Bank.
April 25th, 2019 - 10:58 GMT

Dubai Might Witness the Merger of Two Main Islamic Banks Soon

Dubai Islamic Bank (DIB) said its board is seriously pursuing a potential acquisition of Noor Bank, a major shari'a compliant lender in the UAE. The largest Islamic bank in the UAE by total assets, DIB said the board allowed the bank to explore possible acquisition of Noor Bank and revert to the board with the findings in three weeks. In a major move, the board has permitted the bank to ...
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