12/04/2023
QIB named ‘Bank of the Year in Qatar’ from The Banker Magazine (Financial Times Group)
The accolade highlights QIB's financial strength manifested by the bank’s strong capital position and asset quality and its consistent profitability
Islamic Finance
12/01/2023
CBUAE hosts events with Islamic finance infrastructure organisations to promote sustainable finance
The events took place in Abu Dhabi on 27 and 28 November 2023, are part of CBUAE’s efforts to promote sustainable finance and expedite initiatives tackling climate change challenges
11/30/2023
IsDB Institute issues french edition of the book on Islamic development bank’s historical evolution
Originally published in the Arabic language and later in the English language, the book documents the remarkable history and exceptional achievements of the Islamic Development Bank
11/27/2023
Islamic Development Bank Institute Delivers High-Level Islamic Finance Executive Program Sessions
The sessions were part of the 6th edition of the Saudi-Spanish Center for Islamic Economics and Finance Islamic Finance Executive Program.
11/24/2023
Aafaq Islamic Finance named as the Best Islamic Digital Banking Services in the UAE by MEA Finance Awards 2023
A testimony to its excellence and innovation in the Islamic financial sector
11/15/2023
Islamic finance – View from the investor
There is a steady demand coming from investors wanting to have exposure to these funds.
11/13/2023
BankDhofar Corporate Banking Division outlines innovative solutions to elevate customer experience
The bank brings in agility, innovation through its deep understanding of customer needs in the Sultanate of Oman
11/09/2023
UAE: Abu Dhabi Islamic Bank successfully issues $500m green senior sukuk
The issuance attracted interest from more than 100 global and regional investors with the final order book closing at $2.6bn
11/08/2023
For a sustainable future: Dubai Islamic Bank empowers youth financial literacy
DIB's commitment to empowering the youth in the field of finance is underscored by this groundbreaking event, which is the first of its kind
11/07/2023
Abu Dhabi Islamic Bank to issue first green sukuk
Islamic lender picks banks to arrange investor calls on November 6 and 7
11/01/2023
Dubai Islamic Bank’s Q3 2023 net profit rises 18% to $1.3bln
Growth supported by higher core revenues, lower impairment charges
10/30/2023
Bank Nizwa's commitment to sustainable urban development takes center stage at Urban October
Spotlighting the significant role that cities play in shaping environmental sustainability and economic resilience
10/30/2023
BankDhofar introduces a seamless online experience for opening children’s account
This new feature makes it easier and more convenient for parents to get their children started on the right financial footing
10/19/2023
QIB profit grows by 7.2% to reach QR3,055m for nine months
Financing activities have now reached QR122bn having grown by 2.1% compared to December 2022 and up by 1% compared to September 2022.
10/19/2023
Boubyan Bank records net profit of KD 61.1m for 9-month period in 2023
Profit grows at a rate of 26% • Bank reinforces financial inclusion and digital transformation
10/19/2023
ADIB Named as the Best Bank in the UAE by Global Finance Awards 2023
Recognised as the Best Islamic Bank in the UAE and Egypt
10/16/2023
Kuwaiti Islamic banks expect profit growth despite challenges: Fitch
The sector’s assets up 25% due to merger of Kuwait Finance House and Ahli United Bank
10/11/2023
Saudi, Kuwait to drive 10% annual growth of $3trln Islamic finance industry in 2023, 2024
Global sukuk issuances set to reach $160-$170 bln this year, S&P Global Ratings said in a report
10/09/2023
Islamic Development Bank’s climate financing reaches 32% of overall funding: chairman
The bank also introduced sustainable financing through sukuks or Islamic bonds
10/03/2023
Oman Telecommunications hires banks for 7-year debut sukuk-IFR
The banks will arrange a series of fixed-income investor meetings starting Monday