09/02/2021
Dubai's Meraas plans refinancing of $600m Islamic bonds
The paper however shot up in value in June
Islamic Finance
09/02/2021
Islamic Development Bank launches Saudi-backed $100m fund in Uzbekistan
The fund has an initial capital of $100 million, and will target 34 micro, small, and medium enterprises
09/01/2021
Bahrain's Ahli United Bank hires banks for dollar senior sukuk - document
They will hold investor calls from Tuesday, to be followed by a transaction, subject to market conditions, of benchmark size, which typically means at least $500 million.
08/31/2021
Bahrain's Ahli United Bank hires banks for dollar senior sukuk - document
HSBC and JPMorgan were hired as joint global coordinators
08/31/2021
KFH key pillar in supporting Kuwait Economy and NDP
Almutawa: diversified financing portfolio covering vital sectors
08/30/2021
Gulf Islamic Investments and Capital Bay announce joint venture
Capital Bay and Gulf Islamic Investments signed a Joint Venture Agreement to develop a senior living real estate investments platform
08/30/2021
Dukhan Bank named Best Islamic Digital Bank
In recognition of Dukhan Bank’s innovative and pioneering approach towards delivering technologically powered services and products to its customers, the Global Finance awards stand testament to the bank’s success in rolling out its robust dig
08/24/2021
Egypt to begin offering sukuk in first half of 2022 - ministry
The exact timing and size of the first offering is yet to be determined
08/19/2021
Saudi Arabia closes $3bln August sukuk program
Higher oil prices at times in recent months will also aid the healing of the Saudi economy in healing from the effects of the COVID-19 pandemic
08/19/2021
The IFSB issued the Ninth Edition of its Annual Flagship Publication: the Islamic Financial Services Industry Stability Report 2021
The role of the Islamic social finance sector is very crucial in a post-COVID-19 financial system stability
08/18/2021
ADIB's Ethical Finance Innovation Challenge and Awards hits 100 applications with deadline extended
Awards deadline extended due to high demand
08/17/2021
Abu Dhabi’s ADIB lines up Dh124m for student housing in London
ADIB has steadily raised its lending visibility in UK’s property market
08/16/2021
Fitch affirms QIIB’s rating at ‘A’
QIIB was established in 1990 as the second Islamic bank in Qatar and it is currently the third-largest Islamic bank listed on Qatar Stock Exchange in terms of assets and market value.
08/12/2021
Islamic real estate financier posts net profit of $53.6m
During that same period, rental income decreased by 48 percent to 13 million dirhams as compared to 25 million dirhams during the first half of 2020.
08/11/2021
SAMA launches Islamic finance research support program
The program covers a number of research areas, including: Islamic finance, Islamic banking, Islamic insurance, banking risk management, financial technologies (FinTech) in Islamic finance sector, Sharia governance, and other areas related to Islamic finan
08/11/2021
Emirates Islamic wins global award for 'Best Credit Card' and 'Best Islamic Bank in Customer Experience'
he bank also won the accolade of 'Best Credit Card in the UAE' for its Skywards Black Credit Card
08/08/2021
US$ 174.6 billion sukuk issued globally in 2020
IIFM Annual Sukuk Report 10th Edition Findings
08/06/2021
Al Salam Bank - Bahrain announces financial results for the second quarter ended 30 June 2021
Total operating income for the quarter stood at BD 25.9 million (US$ 68.8 million), a decrease of 1.2% from BD 26.2 million (US$ 69.6 million) recorded in Q2 2020
08/04/2021
Takaful’s net profit rises 75%
Family takaful fund achieved a deficit o f$180,394 in Q2-2021 compared to $21,222 for Q2-2020
08/04/2021
Dubai Islamic Bank raises foreign shareholding limit to 40%
DIB gets central bank clearance, joins likes of Etisalat and du in raising limit