Banking

UAE Sets Dh2.56 Trillion Islamic Finance Asset Target for 2031

Islamic banking assets reach Dh1.4 trillion by June. Dubai: The UAE is targeting Dh2.56 trillion in domestic Islamic finance assets by 2031 under a national...

DIB launches first Youth Council to nurture next generation of talent

DIB strengthens its commitment to youth empowerment with launch of first Youth Council. Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has launched its...

NBF offers up to 6.25% yearly returns for new-to-bank customers

New NBF customers can earn bonus interest with rates of up to 6.25% annually. As demand for higher-yield savings options continues to rise in the...

How Jaywan cardholders can enjoy savings on travel, dining, shopping and entertainment

Jaywan cards enable UAE residents to make daily payments, shop online and withdraw cash from ATMs. Dubai: Jaywan cardholders can access more than 150 offers...

CKYC 2.0: NRIs in the UAE may soon be able to avoid repeated KYC verification in India

New system may reduce repeated KYC checks for NRIs using Indian banks and investment firms. Dubai: Indian expatriates in the UAE may soon face fewer...

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