Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Emirates Islamic successfully issues $750mln 5 year Senior Unsecured Sukuk

The Sukuk attracted a very strong order book in excess of USD 1.6 billion, resulting in a 2.1 times oversubscription rate

Gulf banks seal refinancing trades

Emirates Islamic Bank is well-liked by investors, including international investors.

Gulf Islamic Investments to double investment in the US

Company is exploring private equity and private debt opportunities in range of sectors

Islamic Finance Shows Potential in Central Asia as GCC Ties Deepen

Islamic banks are not covered as part of the deposit protection scheme in many Central Asian countries, which could negatively affect confidence.

WFW deal honoured with three awards by Islamic Finance News

The transaction was celebrated in IFN’s Deals of the Year special issue, winning the ‘Cross Border’, ‘Structured Finance’, and ‘Europe’ Deal of the Year 2024 awards.

Islamic treasury sukuk auction for February 2025 attracts bids worth AED 7.1bln

Marking an oversubscription of 6.5 times

Dubai Islamic Bank publishes its first sustainability-linked finance facilities financing framework

The first for any Islamic bank globally

ADIB becomes the first bank in the UAE to launch a banking experience on Apple Vision Pro as part of its 2035 vision

First Bank in the UAE to Offer a Mixed-Reality Immersive Banking Experience

ADIB-Egypt’s strategy, future vision to strengthen its market position are on right track: CEO

Our outstanding financial performance reflects a strong commitment to comprehensive growth.

NBO Muzn Islamic Banking introduces corporate running Wakala Financing solution

This solution empowers businesses of all sizes by addressing their critical working capital needs, receivable financing, and other funding requirements

ADIB Launches Money Management Tracker, Offering Customers Greater Insight Into Spending

This feature looks to empower customers to make more informed financial decisions

Bahrain: Ithmaar Bank launches reward programme for corporate clients

The programme offers eligible Ithmaar Modaraba accountholders the chance to win an additional one per cent profit on their investment

Maples Group supports Warba Bank with launch of $200mln Islamic fund

Establishing a Cayman Islands-based Shariah-compliant structure to allocate capital to its newly established Warba Islamic Income Fund

QIB named Best Islamic Bank in the GCC from World Union of Arab Bankers

QIB’s recognition as Best Islamic Bank in the GCC for the year 2024 reaffirms its position as a leader in Shari’a-compliant banking.

Bank Nizwa Fuels Oman's growth with innovative Islamic banking solutions

Leading the path to prosperity

Dhofar Islamic launches special financing campaign with competitive rates starting from 4.75%

The campaign provides an excellent opportunity for customers to secure affordable Sharia-compliant financing

Emirates Islamic wins ‘Best Islamic Bank for SMEs’ and ‘Best Bond Issue of the Year’ at MEA Finance Awards 2024

The bank was recognised as ‘Best Islamic Bank for SMEs’ for its strong proposition for small and medium enterprises

Bank of London and The Middle East plc

Integral to Parent’s Strategy: BLME is a key and integral part of BBY

Islamic FinTech: Adapting Financial Technology to Sharia Compliance

This revolutionary field has transformed the way people interact with money, offering innovative solutions to age-old problems.

The Eurasian Development Bank, IsDBI and the London Stock Exchange Group host a discussion on the future of Islamic finance in Central Asia

As part of the Islamic Banking program at Abu Dhabi Finance Week