Some Banks Win, Some Lose In Dubai’s “Islamic Economy”
Dubai’s drive to develop its Islamic finance sector is fuelling growth of sharia-compliant banking but the benefits are unevenly distributed.
Dubai’s drive to develop its Islamic finance sector is fuelling growth of sharia-compliant banking but the benefits are unevenly distributed.
Dubai-based Noor Islamic Bank has rebranded itself, removing the Islamic from its name. The lender, now called Noor Bank, will continue to offer shari’a compliant products.