NBAD Sukuk income fund delivers 2.33 per cent dividends

The National Bank of Abu Dhabi NBAD’s Sukuk Income Fund has earned a total income of $798,923.60 which is equivalent to 2.33 per cent of the Net Asset Value as at 27 November 2014 which includes the intended dividend pay-out of $0.1203 per unit.


UAE corporates outperform GCC

Earnings surge 33.5 per cent in first nine months of 2014; banks drive Dubai’s 55.5 per cent leap to $5.1 billion


Ithmaar Bank net profit hits $4.8 million

Bahrain-based Islamic retail bank Ithmaar Bank, yesterday announced a total net profit of $4.84 million for the nine-month period ended September 30 this year, compared with a net loss of $11.97m for the same period last year.