INSEAD Day 4 - 728x90

DEWA posts record H1 profit

Revenue reaches record $4.04 billion.

Tabreed H1 revenue $308m

Blurb: Profit reaches $52 million in H1

ADNOC L&S to expand fleet

It will acquire 11 carriers for $1.3bn.

Empower profit climbs 16%

Dubai district cooling demand lifts earnings

Burjeel profit nearly doubles

Healthcare demand drives stronger earnings.

Aafaq Islamic Finance picks new CEO

The company has appointed Hisham Hammoud to the post. (Supplied)
  • Hisham Hammoud is considered one of the pioneers in the banking and financial sectors
  • He has more than 25 years of experience in the fields of banking and Islamic banking

Dubai-based financial services and Islamic finance solutions firm Aafaq Islamic Finance (AIF) has appointed a new CEO, the company has announced.

The Board of Directors of the company has made the announcement of the appointment of Hisham Hammoud as CEO of the company.

Hammoud’s duties in his new position include the responsibility of contributing to the leadership of Aafaq Islamic Finance towards developing its strategy in line with the next phase, the company has said in a statement.

It added that Hammoud is considered one of the pioneers in the banking and financial sectors.

He is said to have more than 25 years of experience in the fields of banking and Islamic banking.

The company also said that Hammoud, during his career, has held a number of senior management and leadership positions in several International and local banks and financial institutions.