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

Al Baraka Islamic Bank launches alBarakat 2026 scheme

With a fresh identity and unveils the enhanced alBarakat Plus account

Sharjah Islamic Bank posts 19.4% profit growth in Q1

Strong financing income and diversified revenue streams lift net profit to Dh381 million

Warba Bank announces new management structure

To strengthen position as leading Islamic bank serving customers and Kuwaiti economy

GCC Islamic banks show resilience amid geopolitical tensions

The agency highlights that GCC-based Islamic banks are well positioned to absorb shocks if tensions remain contained.

ADIB mobilises $5.53bln in sustainable finance in 2025

ADIB played a key role in structuring and participating in a range of landmark sustainable finance transactions across the UAE and the region

KFH–Bahrain introduces new Eid banknote withdrawals via extreme teller machines for the first time

A move that reflects the Bank’s ongoing commitment to sharing the joy of festive occasions with its customers

Ithmaar Bank continues to provide banking services to its corporate clients

Ensuring to meet their needs with flexibility and security during the recent development in the region

Sharjah Islamic Bank’s General Assembly approves 20% cash dividend and capital increase in the golden jubilee year

H.E. Abdul Rahman Al Owais, Chairman of the Board of Directors of SIB, chaired the Bank’s AGM

GCC banks are well buffered against Iran conflict credit risks

Fitch believes GCC sovereign ratings generally have sufficient headroom to withstand a short regional conflict that does not escalate significantly further

Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services

The partnership reflects the bank’s strategy to broaden its suite of non-financial services, offering clients added value beyond traditional banking products through alliances with leading institutions in key sectors

IsDB announces $2.41bn in new financing for development sectors

The bank also approved €116 million ($135 million) to upgrade Senegal’s Dakar Expressway Project.

KFH – Bahrain announces strategic partnership with Beyon Money

Empowering customers with next-generation Banking-as-a-Service (BaaS) capabilities

Invesco sees stronger demand growth for Shariah-compliant investment funds

Shariah-compliant products attract the attention of investors worldwide

Abu Dhabi Islamic Bank named Best Islamic Bank in the Middle East by EMEA Finance

The award acknowledges the bank’s exceptional achievements in advancing innovation and its outstanding performance in the Islamic banking industry

How Islamic finance could fund the future of space exploration

Sharing risks and profits, Islamic finance can revolutionise investing in space projects

Saudi Arabia raises over $2bn in February sukuk sale: NDMC

The issuance was split into five tranches, with maturities ranging from 2031 to 2041

Baker Botts Transaction Wins Sukuk Deal of the Year at GBM Awards Africa 2026 for the Arab Republic of Egypt

The award follows the firm’s recognition at the Islamic Finance News’ Deal of the Year 2025 Awards, where it was named Best Deal in Oman for advising on Oman’s U.S.$1 billion sovereign Sukuk issuance.

Alizz Islamic Bank reaffirms its leadership in Islamic banking at the 17th IFSB Summit

The Summit marked a significant milestone for Oman’s financial sector

Oman’s Islamic Finance eyes double-digit growth in 2026

Omani Islamic finance set for 2026 growth; Most Dollar issuances sukuk

Oman’s Islamic finance industry set to rise 25% to $45bln in 2026

Fitch expects loan growth of 6-7% on demand from retail and corporate sectors