Emirates Islamic Bank PJSC News - Mubasher Info
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Emirates Islamic Bank PJSC (EIB)

Last update: 28 June 02:39 PM market time.
6.66
-0.02
-0.30%
Open 6.66
Previous Close 6.68
High 6.66
Low 6.66
Stock Statistics
Volume 387
Turnover 2,577.42
All data are 15 minutes late during market session

News

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6 June 10:42 AM Nasdaq Dubai lists 1st sustainability sukuk from Emirates Islamic
Dubai – Mubasher: Nasdaq Dubai has welcomed Emirates Islamic Bank's debut $750 million sustainability sukuk issuance under its $2.50 billion programme. The five-year sukuk took the bank's total listings on Nasdaq to $2.02 billion across four …
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22 May 03:55 PM Emirates Islamic issues $750m sustainability sukuk
Dubai – Mubasher: Emirates Islamic Bank has issued a $750 million five-year senior unsecured sustainability sukuk. The sukuk issuance received great demand from investors across different regions and was oversubscribed 2.80 times, according to a …
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25 April 11:21 AM Emirates Islamic’s net profits jump to AED 811.5m in Q1-24
Dubai – Mubasher: The net profits of Emirates Islamic Bank hiked by 35% year-on-year (YoY) to AED 811.44 million in the first quarter (Q1) of 2024 from AED 600.86 million. Total operating income amounted to AED 1.34 billion in Q1-24, an annual …
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21 April 03:53 PM Emirates Islamic debuts $500m financing facility
Dubai – Mubasher: Emirates Islamic Bank has concluded its debut $500 million syndicated financing facility, according to a recent press release. The three-year term facility is the first of its kind raised by a Shariah-compliant financial …
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25 January 02:54 PM Emirates Islamic sees 71% growth in 2023 net profit as highest-ever financial performance
Dubai – Mubasher: Emirates Islamic Bank generated net profits worth AED 2.12 billion in 2023, signalling the highest-recorded level in the bank’s history and marking a 71% increase from AED 1.24 billion in 2022. The earnings per share (EPS) rose …
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30 October 2023 09:44 AM Emirates Islamic Bank records higher profits at AED 1.64bn in 9M-23
Dubai – Mubasher: Emirates Islamic Bank registered net profits amounting to AED 1.64 billion in the first nine months (9M) of 2023, up 56% year-on-year (YoY) from AED 1.05 billion. Total operating income enlarged by 62% YoY to AED 3.53 billion in …
Farid Al Mulla, CEO of Emirates Islamic
6 September 2023 06:29 PM Emirates Islamic Bank appoints Al Mulla as CEO
Dubai – Mubasher: UAE-based financial institution Emirates Islamic Bank has appointed Farid Al Mulla as its new CEO who commenced his duties on 5 September 2023. Al Mulla succeeded Salah Amin, a banking veteran who retired after nearly 35 years of …
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27 July 2023 02:10 PM Emirates Islamic Bank witnesses 73% higher net profits in H1-23
Dubai – Mubasher: Emirates Islamic Bank registered a 73% year-on-year (YoY) leap in net profit to AED 1.21 billion in the first half (H1) of 2023, compared to AED 701.09 million. The total operating income was valued at AED 2.33 billion in H1-23, …
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27 April 2023 02:33 PM Emirates Islamic Bank records AED 601m profits in Q1-23
Dubai – Mubasher: The net profits of Emirates Islamic Bank reached AED 600.86 million in the first quarter (Q1) of 2023, an annual surge of 76% from AED 341.89 million. Total operating income amounted to AED 1.13 billion during the first three …
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23 April 2023 03:58 PM Two banks team up to launch credit guarantee scheme for UAE-based SMEs
UAE – Mubasher: Emirates Development Bank (EDB) has signed a memorandum of understanding (MoU) with Emirates Islamic Bank to collaborate on a joint credit guarantee scheme that will support the financial inclusion of small- and medium-sized …
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23 February 2023 00:55 AM Emirates Islamic Bank unveils general assembly’s decision on 2022 dividends
Dubai – Mubasher: The shareholders of Emirates Islamic Bank decided, during their 47th general assembly meeting on 22 February, to withhold dividends for the year ended on 31 December 2022. The resolution boosted the board’s recommendation to not …
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26 January 2023 01:29 PM Emirates Islamic Bank’s 2022 profits leap 51%
Dubai – Mubasher: Emirates Islamic Bank generated net profits worth AED 1.24 billion during 2022, signalling a year-on-year (YoY) increase of 51% from AED 823.08 million. The earnings per share (EPS) amounted to AED 0.22 at the end of December …
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27 October 2022 06:53 PM Emirates Islamic Bank posts 31% higher profits in 9M-22
Dubai – Mubasher: Emirates Islamic Bank posted a 31% hike in net profit to AED 1.05 billion during the first nine months (9M) of 2022, versus AED 804.23 million in the year-ago period. The earnings per share (EPS) stood at AED 0.19 during …
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28 July 2022 11:01 AM Emirates Islamic Bank’s earnings rise 23% in H1-22
Dubai – Mubasher: Emirates Islamic Bank’s net profits increased by 23% year-on-year (YoY) during the first half (H1) of 2022 to stand at AED 701 million. The profit rise was driven by higher funded and non-funded income, coupled with lower …
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26 January 2022 10:42 AM Emirates Islamic Bank turns to profitability in 2021
Dubai – Mubasher: Emirates Islamic Bank has achieved net profits of AED 823.085 million in 2021, against net losses of AED 482.225 million in 2020, according to the bank's consolidated financials for the year ended 31 December 2021. The bank …
The issuance has recorded an order book of $1.2 billion
14 November 2021 03:21 PM Emirates Islamic Bank closes $500m Sukuk issuance
Dubai – Mubasher: Emirates Islamic Bank has closed the $500 million Sukuk issued from its $2.5 billion Certificate Issuance Programme. The five-year Sukuk issuance was listed on Nasdaq Dubai and Euronext Dublin’s Regulated Market, attracting …
The earnings per share (EPS) settled at AED 0.148
20 October 2021 11:35 AM Emirates Islamic Bank turns to profitability in 9M
Dubai – Mubasher: Emirates Islamic Bank recorded net profits of AED 804.238 million during the first nine months of 2021, against net losses of AED 311.238 million in the year-ago period, according to the bank's unaudited consolidated interim …
The bank's assets recorded AED 68.041 billion as of 30 June
28 July 2021 00:23 PM Emirates Islamic Bank's net profits surge in H1-21
Dubai – Mubasher: The net profits of Emirates Islamic Bank jumped to AED 568.714 million during the first half (H1) of 2021, compared to AED 11.846 million in the same period of 2020, as shown by the bank's consolidated interim financials for the …
The bank's total assets increased to AED 71.243 billion
20 April 2021 09:39 AM Emirates Islamic records 37% higher net profits in Q1-21
Dubai – Mubasher: Emirates Islamic Bank reported a 37% rise in the net profits to AED 211.59 million in the first quarter (Q1) of 2021, compared to AED 154.987 million in the same quarter of 2020, according to the bank's consolidated interim …
The bank registered a total income of AED 2.1 billion in 2020.
27 January 2021 03:22 PM Emirates Islamic moves to loss in 2020
Dubai – Mubasher: Emirates Islamic Bank turned to a net loss of AED 482 million in 2020, impacted by the lower rates, a drop in non-funded income due to the slowdown in the economy, and an increase in impairment allowances. The bank registered a …
The rise in assets is driven by higher deposits
1 November 2020 00:55 PM Emirati banks report 11% higher assets in 9M
UAE – Mubasher: The total assets of ten Emirati banks jumped by 11.4% to AED 2.681 trillion during the first nine months of 2020, when compared to the same period of 2019, according to the Emirates News Agency (WAM). The ten banks comprise First …
20 October 2020 10:26 AM Emirates Islamic logs AED 311m net losses in 9M
Dubai – Mubasher: Emirates Islamic Bank witnessed net losses of AED 311.24 million in the first nine months of 2020, against net profits of AED 937.18 million in the year-ago period. The bank has incurred losses in the first nine months of 2020 …
The Sukuk issuance was 2.4 times oversubscribed
6 October 2020 00:07 PM Emirates Islamic lists $500m Sukuk on Nasdaq Dubai
Dubai – Mubasher: Emirates Islamic Bank rang the bell to celebrate the listing of a $500 million Sukuk on Nasdaq Dubai, according to a press release on Tuesday. The Sukuk issuance was 2.4 times oversubscribed, with a 1.827% profit which is the …
The Sukuk has a profit rate of 1.827%
21 September 2020 01:37 PM Emirates Islamic closes $500m Sukuk
Dubai – Mubasher: Emirates Islamic Bank has successfully closed the issuance of five-year Sukuk worth $500 million from its $2.5 billion Certificate Issuance Programme. To be listed on Nasdaq Dubai and Euronext Dublin, the Sukuk issuance saw …
The benchmark size deal is expected to close on Wednesday
16 September 2020 10:01 AM Emirates Islamic starts marketing 5-year Sukuk
Dubai – Mubasher: Emirates Islamic Bank began on Wednesday marketing US dollar-denominated five-year Sukuk, with initial price guidance of about 170 basis points over mid-swaps, Reuters reported. The benchmark size deal of at least $500 million is …