Islamic Finance UAE Edition
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Watania logs accumulated losses
Watania's accumulated losses represent 36.2% of the capital
Sharjah lists $200mln sukuk on Nasdaq Dubai
Nasdaq Dubai's new Sukuk listings in 2020 now total $2.9 billion
Sharjah lists $200mln Sukuk on Nasdaq Dubai
The number of issuers from abroad account for 56% of Nasdaq Dubai’s total Sukuk listings, while 44% are from the UAE
Dubai banks announce business relief package for customers
Leading Dubai banks that have joined the effort to provide relief to their customers include Emirates NBD, Dubai Islamic Bank, Emirates Islamic, Mashreq and Commercial Bank of Dubai
DIB shareholders approve removal of foreign ownership limit
The board had recommended an increase in the foreign ownership limit of its shares to 40% from 25%
Coronavirus hits Gulf banks' dealmaking ahead of Ramadan lull
Gulf banks are losing out on a critical quarter for earnings with the coronavirus outbreak
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