UAE FIRMS REVEAL OVER DH7.6 BILLION EXPOSURE TO NMC HEALTHCARE

Dubai Islamic Bank and its subsidiary Noor Bank announced Dh2 billion exposure while Emirates NBD and its Shariah-compliant unit Emirates Islamic Bank revealed Dh747.34 million exposure.

khaleejtimes.com (Date:04/05/2020 15:43) Read full article >>

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Bank: A bank is a financial institution and a financial intermediary that accepts deposits and channels those deposits into lending activities, either directly by loaning or indirectly through capital markets. A bank is the connection between customers that have capital deficits and customers with capital
Islamic: Islam [note 2]) is a monotheistic and Abrahamic religion articulated by the Qur'an, a book considered by its adherents to be the verbatim word of God and by the teachings and normative example of Muhammad, considered by them to be the last prophet of God. An adherent of Islam is called a Muslim.
Shariah: