Business Blog

Dubai Islamic Bank (DIB) on Monday announced that it has completed the acquisition of 24.9% shares in Bank Panin Syariah by acquiring 2,427,750,000 shares.

The Research Center for Islamic Legislation and Ethics (CILE), a member of Qatar Faculty of Islamic Studies (QFIS) at Hamad Bin Khalifa University, will be hosting a specialised seminar on Ethics and Economics this week for prominent scholars.

The Research Center for Islamic Legislation and Ethics (CILE), a member of Qatar Faculty of Islamic Studies (QFIS) at Hamad Bin Khalifa University, will be hosting a specialised seminar on Ethics and Economics this week for prominent scholars.

DUBAI, June 9 (Reuters) - Dubai Islamic Bank DISB.DU has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah PNBS.JK and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on...

Dubai Islamic Bank DISB.DU has completed the acquisition of a 24.9 percent stake in Bank Panin Syariah PNBS.JK and will now seek regulatory approval to increase its holding in the Indonesian lender to 40 percent, it said on Monday.

The malls unit of Dubai's Emaar Properties EMAR.DU is likely to issue 10-year sukuk this week, three sources with knowledge of the deal said, as the current environment makes it relatively easy to lock in longer-tenure funds at lower rates.