HBL Bank UK’s Post

Join us as we commemorate a significant milestone - Al Rayan Bank’s 20th anniversary. Over the past two decades, we’ve been at the forefront of innovation in the dynamic world of Islamic finance. As we embark on the next chapter of our evolution, our ambition is high - propelling us towards an exciting future. In a world where change is the only constant, we choose to embrace it. Here’s to the next 20 years! #AlRayanBank20

Less than a week to go and we will be discussing GCC allocations in Private Credit. Can the pools of liquidity gathering in the region be tapped to finance development in Emerging Markets with superior returns? And what can GCC Private Debt investors learn from other Private Credit markets? I will be joined by fellow BancTrust & Co. crew Isil Caglayan, George Niedringhaus, Greys Penaloza and Charlie Foley #gcc #dubai #emergingmarkets #sustainablefinace #privatedebt #privatecredit

Aazar Ali Khwaja, Group Head, International & Group Strategy, Emirates NBD, said: “As the leading banking group in the Middle East, North Africa, and Türkiye (MENAT) region, we are committed to transforming the Saudi financial services sector, leveraging our expansive network, partnerships and innovative offerings to empower consumers in the Kingdom. Fully aligned with Vision 2030, we take pride in serving as a partner of choice to the country, supporting its efforts to grow the economy and safeguard its future. Our expansion plans are wholly geared towards this goal; the launch of our latest branch in KAFD | كافد contributing to Saudi Arabia’s development as a private sector powerhouse.” Read more at the link below. https://lnkd.in/dsx3sFZk

Looking at the results of the last four years, DIFC’s DEWS that is the first End-of-Service Savings Plan in #UAE clearly demonstrates superiority over the legacy EOSB by having generated considerable assets over a period of time that #employees can call their own. Since inception in 2020, DEWS has had a steady growth in membership and AuM reaching 42K and USD 555mn respectively in FY 2023. Also noteworthy is its entry into #Dubai Government sector in 2023 that accounts for 10K members in Year 1. DEWS delivered strong #investment results in FY 2023 with 7 of 10 #funds outperforming benchmarks. The lowest performer was Emirates NBD’s Islamic Money Market fund achieving a return of 4.63% while the highest return was scored by HSBC’s Islamic Global Equity fund (32.5%). That said, the DEWS also clearly illustrates how such savings plans are exposed to market volatility producing substantial losses of USD 28mn in FY 2022. Access the full report here: https://lnkd.in/dbaAFvpW Mercer Zurich Middle East Equiom Group Franklin Templeton Standard Chartered Ministry of Human Resources and Emiratisation Securities and Commodities Authority (SCA) Sukoon Insurance HAYAH Insurance #pension #markets #financialservices #future #management #HumanResources #EoSS

The Board of Directors at United Arab Bank (UAB) has unanimously chosen Sheikh Mohammed bin Faisal bin Sultan Al Qassimi as the new Chairman, succeeding Sheikh Faisal bin Sultan bin Salem Al Qassimi, who led the Board for almost fifty years. This selection underscores the bank's and its shareholders' commitment to innovation and growth amid ongoing developments in the banking industry, marking a new era of success. #uae #banking #uab #financeworld #financeworldmagazine

We are excited to announce that Zena Brake, CFA , Credit Director at Allianz Trade in Middle East, is set to take the stage at Global Trade Review (GTR) GTR KSA - Trade and export finance conference 2024 in Riyadh this week! 🇸🇦 Zena will participate in a panel discussion on the topic of "Managing risk and improving access to capital: The growing role of trade credit insurance." This session will provide an informative overview of the trade credit and political risk offering, including how trade credit insurance can not only protect against the risk of nonpayment for goods and services but also provide other benefits such as improve access to capital, raise export levels and enter new international markets. #AllianzTrade #TradeCreditInsurance #GTRKSA #KSA

The paper by our proud BITIZEN, Muhammad Md Husin, Ph.D, ACMA, CGMA, Head of Corporate Treasury #BankIslam can be retrieved from below link : https://lnkd.in/eZpXK7Mr

The Journey of Business Excellence continues!!

Thank you Labuan IBFC and Qatar Financial Centre (QFC) Authority for choosing Bank Islam Malaysia Berhad as your preferred partner for the event. In the paper, we argued that success for Islamic Finance sector has to be measured beyond country ranking boundary, and one need to leverage on each other’s competitive advantage to take the sector to the next level #islamicfinanceforall

If you are unsure whether a post dated cheque you received might be honored or not, you can find out the likelihood of the cheque bouncing with a service provided by Al Etihad Credit Bureau (AECB). This service is only available for cheques issued through UAE banks and dated within the upcoming 9 months. #ChequeBouncingPrediction #AECB #KANConsultancy