06/14/2021
The Governor said that during this crisis, banks witnessed pressures on their systems and budgets through the required harmonisation between continued credit granting, asset reclassification and provisions for credit losses.
06/11/2021
The implementation will enable KFH to flexibly and rapidly respond to an ever-evolving regulatory environment while ensuring compliance and consistent, precise reporting.
06/11/2021
The sector continues to have significant importance with total Islamic banking assets reaching USD35.7 billion at end-2020 or about 106% of Bahrain's GDP.
06/10/2021
The size of the offering will depend on market conditions, it said in a filing to the Tadawul stock exchange
06/10/2021
H.E. the Governor have directed to take necessary actions to advance the agenda of standardisation of Shari’ah and ensure the solidification of Islamic finance standards are continuous and synchorinsed.
06/07/2021
A Turkish lecturer stated that Turkey is going to have a significant position in conventional and Islamic finance.
06/06/2021
IFN Awards is a highly regarded awards ceremony within the Islamic finance industry
06/06/2021
Delivering net equity of AED3.165bln for FY2020
06/03/2021
Standardization issues could be resolved “once and for all” through an initiative by Dubai and its partners
05/30/2021
The subscription period will extend for 15 working days
05/27/2021
This diversity calls for immediate action everywhere, but it requires more solidarity and multilateral action than ever.
05/25/2021
The listed firm reported total net profit was $28.77bln compared to $19.96bln achieved during the same period in 2020
05/24/2021
Welcoming the virtual gathering, Al Musharrkh emphasised that since the establishment of bilateral relations in 1984, the UAE has emerged China’s largest non-oil trading partner in the Mena region.
05/24/2021
Faisal Islamic Bank of Egypt ranked first with EGP 119bn turnover in March 2021
05/12/2021
This marked a Year on Year (YoY) rise of 43%
05/12/2021
GFH Financial announced Tuesday its financial results for Q1 2021, which ended on March 31.
05/11/2021
The basic and diluted earnings per share for the first quarter of 2021 was US Cents 2.11compared to US Cents 1.97 for the same period of 2020.
05/10/2021
The holders of KFH Visa ATM, credit and prepaid cards and also Mastercard cards (except ATM) now have the option to try out payments with the wallet – which is reportedly compatible with NFCs locally and internationally.
05/10/2021
Equipped with outstanding facilities to enhance the HNW visitors' experience
05/08/2021
Islamic financial institutions coped well under pandemic conditions and found that prior tech investments paid off.