Anshita Agarwal- CFA, FRM, Bsc Maths

The Central Bank of The UAE’s Recovery Planning Regulation represents another milestone towards stability and resilience in the Financial Services sector. Financial institutions must demonstrate robust governance structures, recovery options and appropriate controls to navigate through the times of stress and ensure continuity. Through our team's domestic and global expertise, we can support financial institutions throughout the recovery planning process to meet regulatory expectations. Read more: https://lnkd.in/d5dh2CFi For more details, reach out to our experts Samer Hijazi, George Stoyanov, and Mazin Khalil. #GrantThornton #GTUAE #RecoveryPlanning #RecoveryandResoultion #ExpertInsights #UAERegulatoryCompliance

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Sustainable #Sukuk issuance up 17% in Q1 2024, driven by GCC banks. Discover the key factors behind this surge: https://lseg.group/3VpuHAq #IslamicFinance

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The essence of green finance lies in its comprehensive approach. Beyond monetary support for green projects, it involves issuing green bonds and promoting sustainable practices among stakeholders. #Mashreq #GreenFinance #RiseEveryDay Mashreq Corporate & Investment Banking Group

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Demand for sharia-compliant risk-management tools, such as Islamic derivatives, is gradually rising in many Muslim-majority countries. Nearly three-quarters of Fitch-rated #IslamicBanks used Islamic derivatives in 2023–1H24 to hedge risks, which could support their credit profiles. Learn more: https://ow.ly/KQXc50SxSx1 #IslamicFinance #RiskManagement #IslamicDerivatives

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📊 Islamic Financial Insight: Al Ijarah Muntahia bi al-Tamlik Vs Al Ijarah Thumma al Bai 📊 Explore the key differences between Al Ijarah Muntahia bi al-Tamlik and Al Ijarah Thumma al Bai in today's Islamic Finance Insight. Learn about the sequence of transactions, transfer of ownership, obligation to purchase, and the associated risks and responsibilities. 

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📊 BIAT Reports Q1 2024 Financial Results: Steady Growth Amid Operational Adjustments 📊 The Bank of Industry and Trade (BIAT) has released its Q1 2024 financial results, highlighting a mix of positive growth and operational shifts. Here's a breakdown: Key Financial Highlights 📌: PNB Growth: BIAT recorded a Q1 PNB (Produit Net Bancaire) of 367.4 million dinars, marking a 2.8% increase compared to the end of March 2023. Revenue Composition: 1.Interest margin: 170.2 million dinars 2.Commission margin: 64.5 million dinars 3.Portfolio revenues (commercial and investment): 132.6 million dinars 4.Operating Expenses: Operational charges stood at 149 million dinars, up by 12.1%. This led to an increased operating coefficient of 40.6% compared to 37.2% in March 2023. 5.Deposit Growth: BIAT's deposits reached 18,249 million dinars, growing by 7%. Notably, sight deposits and savings deposits increased by 4.7% and 11.7%, respectively. 6.Credit Portfolio: Net credit outstanding reached 12,185 million dinars, showing a modest growth of 1.4%. Financial Analyst's Insights 💡: BIAT's Q1 performance reflects a balanced growth trajectory. While the bank has seen steady revenue growth, the increase in operational charges calls for efficient cost management strategies in subsequent quarters to maintain profitability. The robust growth in deposits indicates continued trust and confidence from customers. However, managing the increased deposits effectively to fund credit growth and maintain liquidity will be crucial. The slight uptick in the credit portfolio suggests cautious lending practices amidst economic uncertainties, which can be a prudent approach in the current market conditions. #BIAT #FinancialResults #Q12024 #Banking #RevenueGrowth #OperationalEfficiency #Deposits #CreditPortfolio #FinancialAnalysis

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Our Managing Partner, Zainal Azlan Abdul Kadir, shares some updates on the BNM’s Fair Treatment of Financial Consumers policy document issued on 27th March 2024. Read the update here. https://lnkd.in/g5UXVB6a #zainco #dentons #bankingandfinance #insights

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Our podcast on Banking #GCCs, https://lnkd.in/gKxehfAm Of the S&P’s top 100 Banks based on assets, 22 have GCCs in India. 60 yet to be here? 40,000 people were hired by Banking GCCs last year in India. With that context, I tried to debate a few questions with Kedar Pathak 1)In the current Banking GCCs, what is the typical split between Tech and Non-Tech Talent? 2)Is a Banking GCC any different in its construct compared to, say, Auto, FMCG or Pharma GCC? 3)Is there any change in the talent construct as far as the new Banking GCCs that have come in the last 3 years compared to the 30+ who have been here for almost 2 decades? 4)Banking GCCs have scale and have been around for 2 decades in India. Despite that, why haven't they built in-house capabilities and still outsource? 5)Have Banking GCCs, with their scale, produced enough leaders who can lead new GCCs? 6) What should Banking GCCs Start, Stop, or continue doing? Please listen and let us know your views.

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Islamic Finance News: 1. Sharjah Islamic Bank successfully issues a $500 million Sukuk (Khaleej Times, Jun 27). 2. SIB guides for $500million five-year Sukuk (GlobalCapital, Jun 26). 3. Energy Development Oman issues $750million Sukuk (ZAWYA, Jun 30). 4. Qatar Central Bank issues treasury bills, Islamic Sukuk worth $ 686 million (ZAWYA, Jun 29). 5. Govt picks Rs41.7 billion through Sukuk auction via PSX (Mettis Global, Jun 28). 6. Saudi Sukuk, debt market hits 18.3% of GDP in 2023 – Report (ZAWYA, Jun 30). 7. MENA Sukuk market surges 48% to $ 6.2 billion: Bloomberg data (Arab News, Jun 27).

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Sovereign Wealth Funds are growing in prominence across the Middle East, shaping economic landscapes and global investments. Discover their impact on economic diversification away from natural resources: https://lnkd.in/gQ-YfBDF #MiddleEast #MiddleEastEconomy #SovereignWealthFunds #GlobalEconomy

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#EdifyEngage Are inflation-linked bonds the most underappreciated asset class? Foord Senior Portfolio Managers, Rashaad Tayob and Farzana Bayat, shares more on the topic. "We believe linkers are an asset class that meets the above objectives very well. Inflation-linked bonds are unique in their ability to provide a guaranteed real return and protect against extreme inflation events. Over and above this, they offer investors extremely attractive risk-adjusted returns across a diverse range of inflation scenarios. In doing so, they provide an asymmetric payoff profile that sets them apart from other asset classes. With such distinct risk/return characteristics, we have very high levels of conviction that this asset class will prove to be critical in protecting investors’ capital against the corrosive impact of higher inflation." Read the full article below & subscribe to our Newsletter for access to all future articles & updates. https://lnkd.in/e-733xf3 #Edify #DFM #Collaboration #Inflationlinkedbonds #EdifyEngage

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The banking sector is playing a crucial role in facilitating the UAE’s shift towards a greener future – both directly and as a catalyst of sustainable finance, say KPMG Lower Gulf and Emirates NBD.

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"Sharjah Islamic Bank (SIB) closes $500 million sukuk issuance with overwhelming investor demand, underscoring strong market confidence. The issuance, oversubscribed by 3x, highlights SIB's robust position in the global financial landscape. #IslamicFinance #SukukIssuance #FinancialMarkets #TheEmiratesTimes" https://lnkd.in/gA_beyzh

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Mashreq has successfully priced a $500 million Additional Tier 1 bond offering with a 7.125% coupon on June 3, 2024. This marks our return to the debt capital markets since 2022, achieving the largest price tightening by any UAE bank for an Additional Tier 1 issuance in the last five years. Key points: 🔹 Orderbook exceeded $2.1 billion early on. 🔹 Yield set at 7.125% with a reset margin of +270.5bps. 🔹 Global marketing efforts included a roadshow in London. 🔹 Investor allocation: 77.5% from the Middle East, 19.5% from Europe. Group CEO Ahmed Abdelal commented, “The robust investor engagement and support for this strategic transaction is gratifying. This will enable Mashreq to continue its growth plans into 2024 and beyond.” #Finance #Investment #BondMarket #Mashreq #UAE #Growth 𝘋𝘪𝘴𝘤𝘭𝘢𝘪𝘮𝘦𝘳 : 𝘊𝘰𝘯𝘵𝘦𝘯𝘵 𝘴𝘩𝘢𝘳𝘦𝘥 𝘩𝘦𝘳𝘦 𝘪𝘴 𝘧𝘰𝘳 𝘪𝘯𝘧𝘰𝘳𝘮𝘢𝘵𝘪𝘰𝘯𝘢𝘭 𝘱𝘶𝘳𝘱𝘰𝘴𝘦𝘴 𝘰𝘯𝘭𝘺 𝘢𝘯𝘥 𝘯𝘰𝘵 𝘢 𝘱𝘳𝘰𝘮𝘰𝘵𝘪𝘰𝘯 𝘰𝘳 𝘦𝘯𝘥𝘰𝘳𝘴𝘦𝘮𝘦𝘯𝘵 𝘰𝘧 𝘢𝘯𝘺 𝘧𝘪𝘯𝘢𝘯𝘤𝘪𝘢𝘭 𝘦𝘯𝘵𝘪𝘵𝘪𝘦𝘴 𝘰𝘳 𝘱𝘳𝘰𝘥𝘶𝘤𝘵𝘴.

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🎙️ Exciting News! 🎙️ Faisal lakhani, CFA, Managing Director at CBIZ Valuation Group, recently joined a podcast to shed light on the ever-evolving landscape of financial instruments. 🌟 In this insightful discussion Faisal delves into the complexities of these instruments and shares his expertise on how to accurately value them. A must-listen for anyone looking to deepen their understanding of finance! Make sure to tune in! #Podcast #Finance #FinancialInstruments #Valuation #CBIZValuationGroup #ExpertInsights

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Wealth Management isn't just a sector of finance; it's the cornerstone of national sovereignty. Yet in the GCC, where almost $5 trillion in assets make up 7% of global wealth, over 70% is managed outside the region. Explore strategies for developing wealth sovereignty in the GCC in the newest op-ed from our CEO, Roger Rouhana. Read more: ➕ CEO Middle East (English): https://lnkd.in/eAFw9m8k ➕ Al Khaleej (Arabic): https://lnkd.in/dU7-fYnm

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Reflecting on Capital Market Summit ‘24 Hear from Hitesh ASARPOTA, Chief Executive Officer of Emirates NBD Capital, as he reflects on the incredible experience at the Capital Market Summit!

Emirates NBD Capital has been proudly associated with #DFM in the recent IPOs and eagerly anticipate the next summit. If you missed the panel discussions, highlights, and more, visit capitalmarketsummit.ae to catch up on all the updates! #DubaiFinancialMarket #Dubai #UAE

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In today’s fast-paced world, having a reliable and rewarding credit card is essential for managing your finances and enjoying a variety of perks. Abu Dhabi Commercial Bank (ADCB), a top-tier financial institution in the United Arab Emirates, offers a wide range of credit cards designed to cater to the diverse needs and lifestyles of its customers. Whether you’re a frequent traveler, an avid shopper, or simply looking for a convenient way to manage your expenses, #ADCB has the perfect credit card solution for you. Flexibility and Rewards One of the most significant advantages of an ADCB credit card is the unparalleled flexibility it offers. With an extensive array of cards to choose from, you can easily find one that perfectly complements your lifestyle, spending patterns, and financial aspirations. For example, if you’re a frequent jet-setter, the ADCB Traveller Credit Card is an ideal choice. In summary, an ADCB credit card is more than just a financial tool; it is a gateway to a world of unrivaled benefits, convenience, and financial freedom. With its flexible options, advanced security features, exceptional customer support, and exclusive privileges, an ADCB credit card is the perfect companion for anyone looking to simplify their financial life, enjoy life’s pleasures, and achieve their goals. If you’re ready to take control of your finances and experience the many advantages that an ADCB credit card has to offer, visit the ADCB website or contact the bank’s customer service team today to learn more and embark on your journey towards financial empowerment. Abu Dhabi Commercial Bank has 2 current employee profiles, including Group CEO And Member Of The Board, Executive Director Ala'a Eraiqat and Fahd El Gammal Executive Manager, ECM Capital Markets and Brokerage at Abu Dhabi Commercial Bank In what direction do you think the bank will develop in the future? Abu Dhabi Commercial Bank ranked 11,703 by Crunchbase Clones of your article in different languages thanks for our partners Glocal SEO Platform 2024 | EN.Gloc.al International Search Engine Optimization & SEO For Startups : Clones of your article in different languages: https://lnkd.in/gtXdNKGy English https://lnkd.in/g6jWQFza German  https://lnkd.in/gEe82MeV French  https://lnkd.in/gnjiVBNK Russian  https://lnkd.in/g_rcZPS2 Chinese  #uae #mena #fintech #Crunchbase #in5 #dic #DubaiInternetCity #technology #b2b #startups #software #Entrepreneurship #development #funding #project #environment #investment #opportunities #analytics #stockmarket #Networking #glocal #mentorship #ceo #socialentrepreneurs #b2p #b2c #dubai #crunchdubai #team #leader #startupcompany #Businessmindsets #Crowdfunding #cloud Read more here👉👉👉 https://lnkd.in/gtXdNKGy

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