12/09/2020
GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity
Related Fitch Ratings Content: Fitch Ratings 2021 Outlook: Gulf Cooperation Council Islamic Banks
12/09/2020
Related Fitch Ratings Content: Fitch Ratings 2021 Outlook: Gulf Cooperation Council Islamic Banks
12/09/2020
Islamic finance assets increased 14 percent to US$ 2.88 trillion in 2019, the highest recorded growth for the industry since the global financial crisis
12/03/2020
Market capitalisation saw about QR1bn or 0.16% decline to QR597.63bn, mainly owing to midcap segments.
12/01/2020
To finance private sector enterprises in Burkina Faso, affected by the Covid-19 pandemic
11/30/2020
Penetration of Islamic banking products on the rise among UAE customers
11/30/2020
New Index reveals small reduction in the overall penetration and intention of Islamic banking products in the UAE
11/26/2020
Shariah-compliant banks lead in personal finance products due to several factors, mainly for transparency and trust.
11/26/2020
The most famous rule in Islamic finance is the ban on usury.
11/20/2020
Saudi oil giant Aramco closed a jumbo $8 billion five-part bond sale on Tuesday, which it needs to partly fund an annual $75 billion dividend, most of which goes to the Saudi government.
11/19/2020
The winners will be awarded in a very special ceremony to be organized during the Annual Meetings of Islamic Development Bank Group (IsDBG) to be held in June 2021
11/18/2020
Bankruptcy regimes in key sukuk-issuing jurisdictions are at various stages of development, but in general they are still in the early stages, remaining largely untested and under-developed.
11/13/2020
Sharia principles are no barrier to stable long-term growth.
11/13/2020
Regulation on Islamic banks continues to evolve.
11/13/2020
The announcement of the reforms comes shortly after the UAE and Israel agreed a deal aimed at normalising the relationships between the countries
11/13/2020
DIB began marketing the notes at around 5.25% earlier on Thursday and received over $5.5 billion in orders for the debt sale, the document showed.
11/10/2020
The global sukuk market has grown rapidly from around US$80 billion to US$179 billion over the last four years, supported by large pools of sharia-compliant funds in the Gulf.
11/09/2020
The decision comes as no agreement has been reached between the parties
11/09/2020
During the period from January to September, the losses increased by 163.9%
11/04/2020
Dr. Adnan Chilwan, DIB’s CEO said: “…we succeed in restoring all services before the expected time and with minimal impacts on customers.”
10/30/2020
On the expense side, strict cost controls introduced by the Bank has resulted in a total reduction in expenses by 28 percent while enhancing the efficiency levels.