08/06/2020
Fitch rates more Islamic banks than any other global credit rating agency, covering more than 35 Islamic finance-based issuers worldwide and more than 140 outstanding Islamic finance instruments.
08/03/2020
“Islamic banking will surely help Peza achieve its vision in promoting economic growth in the countryside,”
07/30/2020
‘At a time when the market is experiencing a gap in services and offerings compliant with Shariah rules’
07/23/2020
QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei said the bank's total revenues for the first half (H1) amounted to QR1.21bn, up 5.7% on QR1.14bn on the same period last year.
07/23/2020
Sharp rise in loan impairments resulted in decline profits
07/22/2020
The latest funding means that the company will continue to strengthen the platform, as well as expanding to new regional markets
07/21/2020
The bank’s revenues fell to $164mln
07/20/2020
Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking
07/20/2020
Current and Savings accounts balances up 10% from end 2019
07/16/2020
QIB’s efficient risk management framework has ensured that the H1 2020 results have not been materially impacted by the events related to Covid-19.
07/15/2020
These business owners can open account with minimum balance of Dh10,000
07/14/2020
A Fitch Ratings report issued back in March showed that growth in Turkish participation banking has already surpassed growth of conventional banks in the country in recent years.
07/13/2020
These offers include a reduction on the profit rate and pricing discounts on some of the bank’s financial products
07/07/2020
Believe in the resilience of the Saudi economy
07/07/2020
Sharjah Islamic Bank offers a full package of online services through its official website and through its mobile banking solution which supports online payments through Samsung Pay or Apple Pay.
07/06/2020
Salah Amin, Chief Executive Officer, Emirates Islamic said: “At Emirates Islamic, we are extremely pleased to be named ‘Islamic Bank of the Year – UAE 2020’ by Financial Times’ The Banker publication."
07/05/2020
These statistics indicate a fundamental shift in customer behavior, and an increase in demand for a convenient and contactless banking experience
07/01/2020
There is a total of $71.09bn sukuk now listed on the exchange
06/30/2020
The financing impairment charges/average gross financing ratio increased significantly
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.