10/09/2025
Bahrain: Flooss appoints SICO to structure $10mln sukuk issuance
This transaction reflects ongoing efforts to advance shariah compliant capital markets instruments in the kingdom
Islamic Finance
09/25/2025
Oman’s Islamic finance sector to top $40bn amid regulatory reforms, sukuk growth: Fitch
In the UAE the industry surpassed $285 billion in assets by the end of the first quarter of 2025, supported by strong demand and a deepening sukuk market, another Fitch report stated.
09/25/2025
Sohar Islamic reaffirms commitment to Islamic finance as main sponsor of the 3rd Zakat Forum in Salalah
Reaffirming its role as a trusted partner in promoting Islamic finance and fostering meaningful dialogue on issues of social and economic importance
09/24/2025
Saudi-listed Elm renews $133mln credit facility with Al Rajhi Bank
The loan will be used to finance working capital and issuance of bank guarantees
09/18/2025
Emirates Islamic issues world’s first sustainability-linked financing sukuk of $500 million
Landmark issuance garnered significant global investor interest, underscoring the growing appeal of sustainable Islamic finance
09/16/2025
Egypt: Faisal Islamic Bank’s consolidated drop 78.6% YoY in H1 2025
Meanwhile, net interest income went up to EGP 5.399 billion from EGP 4.625 billion
09/04/2025
Sohar International & Sohar Islamic introduce new housing finance product for GCC nationals and expatriates
To Support Homebuyers and Investors in Oman
09/02/2025
Al Baraka Islamic Bank signs strategic partnership with “Dhaman”
With the Aim of Enhancing Trade Finance and Expanding International Partnerships
08/26/2025
Al Baraka Islamic Bank returns to Q2 profitability
The bank posted a net profit after tax of BD0.1 million in three-month period ended June 30 2025 compared to a net loss of BD1.5 million last year
08/19/2025
ADIB Capital launches ADIB Islamic Trade Opportunities Fund
Targeting low duration diversified trade opportunities in developed markets
08/15/2025
GCC ties to propel ASEAN Islamic finance past $1tn, Fitch says
GCC investors already hold stakes in some Malaysian banks
08/12/2025
Bank Nizwa reinforces human capital development with second NANMU program for employees
Reaffirming its resolute dedication to nurturing high-caliber talent and cultivating deep-rooted capabilities within the Islamic banking sector
08/07/2025
Dubai Islamic Bank surpasses $100b in assets on strong H1 growth
Net profit for the six months ended June stood at Dh3.7 billion, a 10% increase from a year earlier
08/06/2025
DIB Reports robust H1’25 financial results, with operating revenue of AED6.4bln driving a 16% increase in pre-tax profit to AED4.3bln
Double-digit growth in financing and customer deposits
08/04/2025
IsDB drives development across over 2 percent of world’s countries
The bank was founded through a visionary initiative led by Saudi King Faisal bin Abdulaziz
08/04/2025
Backbase, the global leader in AI-powered banking technology, today announced the recent
As a digitally focused bank, LIB set out to differentiate itself through an experience-led approach to banking.
07/30/2025
QIIB wins 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar
The bank was also commended for its pioneering initiatives in developing products that are in line with the principles of sustainable Islamic finance.
07/25/2025
Amlak Finance announces early and full settlement of outstanding financing facilities
Amlak successfully made an early settlement by paying AED 898 million to the six remaining financiers
07/21/2025
S&P reaffirms ICIEC’s AA- financial strength and issuer credit rating with Stable outlook
This rating remains the highest within its peer group globally
07/09/2025
Dubai Islamic Bank arranges $1bln sovereign financing for Government of Pakistan
The five-year facility is an innovative transaction, partially guaranteed by a Policy-Based Guarantee (PBG) from the Asian Development Bank (ADB) — marking the first PBG transaction of its kind undertaken by ADB for the country.