06/29/2020
QFTH open to include Islamic fintechs, SMEs in first wave of IAP
QFTH has started receiving applications from entities that are looking for a launch-pad in the Middle East to accelerate their growth.
06/29/2020
QFTH has started receiving applications from entities that are looking for a launch-pad in the Middle East to accelerate their growth.
06/24/2020
It set final price guidance at 240-245 basis points over midswaps, tightening from initial price guidance of around 250 bps
06/24/2020
Highest reduction in non-performing financing by any listed bank in GCC
06/16/2020
At the same time, we see an opportunity in the current environment for accelerating and unlocking the long term potential of the industry.
06/15/2020
In recent years, ADIB has invested heavily in innovative banking solutions as part of a digital transformation strategy.
06/15/2020
The Islamic economy accounted for 9.9 per cent of the emirate's total GDP in 2018
06/11/2020
DIB said almost half of the order book originated from outside the Middle East and North Africa region.
06/11/2020
The financial benefits of the acquisition agreement will be realised following successful completion of the deal, and when both insurance companies are fully merged under the Dar Al Takaful umbrella.
06/10/2020
The 5-year sukuk was priced with a profit rate of 2.95 per cent per annum
06/10/2020
Deal sees Siraj Holding acquire Al Hilal Takaful
06/08/2020
Given the complementary nature of the business of DAT and the Noor Takaful companies, DAT expects to generate synergies from the transaction.
06/08/2020
The senior unsecured notes will be issued under DIB Sukuk’s US$7.5bn Trust Certificate Issuance Programme, subject to market conditions.
06/08/2020
The Dubai-listed Islamic insurer says it expects the deal to conclude by the end of the month
05/28/2020
The Qatar Central Bank signalled its intent to create a centralised standards body for IFS in 2020, OBG said in its ‘The Report: Qatar 2020’.
05/21/2020
The Qatari economy, which succeeded in combating the blockade and turned it into rich opportunities, positively reflected on the various economic sectors, particularly the banking sector.
05/21/2020
Islamic banks' profitability metrics remained above conventional banks' in 2019.
05/20/2020
First Abu Dhabi Bank, the largest lender in the country, is ranked first in the UAE, fourth in the Arab world and 303rd globally.
05/20/2020
Once customers successfully apply and complete the required simple steps, the policy issuance is managed and integrated directly with Beema’s online system.
05/19/2020
The ITFC has been mainly focusing on OIC member countries in Asia and Sub-Saharan Africa last year with the aim of making global value chains more purposeful in the role they play in reducing rural poverty and ensuring food security.
05/19/2020
All bank fees and corresponding network charges will be waived