Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

QIB Named Islamic Bank of the Year in the Middle East by The Banker

The award comes as QIB continues to strengthen its position as one of the most efficient and digitally advanced Islamic banks in the region

Qatar Islamic Bank mandates for USD 5-year sukuk

The sukuk will be issued by QIB Sukuk Ltd. under the $5bln trust certificate issuance programme

Islamic banking in Egypt surges to EGP 1.08trn in March 2025

The number of Islamic banking branches grew to 320 in March 2025

Abu Dhabi's Mubadala sells $1bln in 10-year sukuk

Abu Dhabi Commercial Bank, First Abu Dhabi Bank , HSBC, JPMorgan and Mizuho are joint global coordinators for Mubadala's sukuk sale

Islamic Treasury sukuk auction for May 2025 attracts bids worth AED 6.93bln

Yield to Maturity (YTM) of 3.99% for the May 2027 tranche and 4.06% for the newly issued 5-Year tranche maturing in May 2030, with a tight spread of 2 and flat basis points respectively, above comparable US Treasuries at the time of issuance.

Trends in Islamic Investment and Finance Structuring in Focus

The event featured a distinguished panel of experts in Shari’a-compliant international finance and structuring from Bahrain, the Gulf region and Jersey.

The Middle East’s best Islamic real-estate deal 2025

ROSHN Real Estate Asset Management First Company SAR2 billion bilateral Islamic murabaha facility

Saudi Bank Albilad mandates banks on USD-denominated AT1 sukuk

Banks have been mandated for the private placement

Khaleeji Bank announces 7.81% increase in net profit attributable to shareholders for Q1 2025

Appoints Mr. Yousif Taqi as Chairman of the Board, Succeeding Alrayes

Global news and insight for corporate financial professionals

Islamic banks’ overall sector balance sheet was also stable last year.

NBO Muzn Islamic Banking Sorouh initiative with three strategic MoUs

The signings reflect Muzn Islamic Banking’s commitment to enable affordable home ownership through strategic partnerships and Shari’a compliant financial solutions

GCC Islamic banks to witness more M&A activity in 2025

Newer and smaller Islamic banks are more vulnerable to M&A due to weaker franchises, Fitch Ratings says

Boubyan Bank records KD 26.5mln in net profits for Q1 2025

Net profit growth of 6% and earnings per share of 5.31 fils

Bank Nizwa signs MoU with Knowledge Oman

Promoting Islamic Finance Awareness through Knowledge Sharing

Madinah forum to discuss Islamic finance progress

Symposium will explore six main topics and over 20 sub-themes, focusing on Islamic banking’s role in economic development, justice, and sustainability

BBK and Solidarity sign BD58 million Islamic Murabaha financing deal

Through this financing agreement, BBK reaffirms its active role in advancing Bahrain’s economic development and fostering financial resilience across the kingdom .

Qatar International Islamic Bank recommits to Misys

Qatar International Islamic Bank, a long-standing customer of Misys, is implementing the new version of the vendor’s core system for Islamic banks, FusionBanking Essence Islamic, front-to-back office.

Emirates Islamic successfully issues $750mln 5 year Senior Unsecured Sukuk

The Sukuk attracted a very strong order book in excess of USD 1.6 billion, resulting in a 2.1 times oversubscription rate

Gulf banks seal refinancing trades

Emirates Islamic Bank is well-liked by investors, including international investors.

Gulf Islamic Investments to double investment in the US

Company is exploring private equity and private debt opportunities in range of sectors