07/01/2019
Millennials key to the future of Islamic banking
Sharia-compliant banks step up investments in digital space to cater to this demographic
Islamic Finance
07/01/2019
CBO to host meetings on Islamic banking
Other working group meetings will deliberate on subjects such as capital adequacy for Islamic banks, resolution and recovery plans, takaful core principles and disclosure to promote transparency and market discipline for takaful and retakaful undertakings
06/30/2019
Bank Nizwa Outlines Opportunities in Islamic Finance for Wholesale Banking Customers in Sohar
Bank Nizwa, Oman’s fastest growing and leading Islamic bank, organized a special forum for Wholesale Banking clients in Sohar to highlight the opportunities available within the Islamic finance sector for their business growth.
06/26/2019
Sharjah Islamic Bank Issues Lowest Ever Additional Tier 1 USD Issue in GCC
Sharjah Islamic Bank, leading islamic bank in the UAE has priced its debut Additional Tier 1 (AT1) Sukuk by raising USD 500 million at the lowest price of 5%.
06/25/2019
Islamic finance industry to sustain growth in 2020
As the economic cycle might turn at some stage, we believe a low-single-digit growth rate over the next two years is a fair assumption.
06/23/2019
Sharjah Islamic Bank eyes double-digit loan growth, up to $500 million bonds
SIB had total assets of 44.7 billion dirhams ($12.2 billion) as of the end of last year.
06/17/2019
QIB bags three global awards
This achievement reflects the strength of the Qatari economy and it is a result of our efforts to implement a coherent business strategy in providing Shariah-compliant banking products and services to all of our clients.
06/17/2019
Bank of Sharjah reports 51% drop in profits for 2018
Bank issues revision on preliminary results disclosed in February
06/12/2019
Central Bank of the UAE hosts Islamic Finance Workshop Towards a Diversified Financial Sector
The first session of the Executive Programme took place at CBUAE HQ in attendance of key officials from, Abu Dhabi Global Market (ADGM), Securities and Commodities Authority (SCA), Dubai Financial Services Authority (DFSA) and Insurance Authority (IA) wit
05/28/2019
IBS Intelligence reconfirms Path Solutions as number one Islamic Banking Software Provider Worldwide for tenth year
iMAL takes further market share and tops 2019 IBSI Islamic Sales League Table
05/27/2019
Noor Bank partners with ICICI Bank
According to reports by the World Bank, India is the world’s top recipient of remittances
05/27/2019
Indonesia marks listing of $2b green sukuk on Nasdaq Dubai
The listings underline the close relations between the UAE and Indonesia, the world’s most populous Muslim country, as well as Dubai’s growth as the global capital of the Islamic Economy.
05/22/2019
Global Islamic Financing Market 2019 Al Rajhi Bank, Abu Dhabi Islamic Bank, Al Baraka Banking, Dubai Islamic Bank
The report is all around made by considering its essential information in the overall Islamic Financing market, the essential components in charge of the interest for its products and administrations.
05/20/2019
KFH Continues "Feed the Fasting" Campaign in different Locations
Distributing 1000 Iftar Meals Daily during Ramadan
05/20/2019
Bank Nizwa Scoops Best Islamic Bank in Oman Award From Islamic Finance News
Bank Nizwa recorded the highest growth rate in the Sultanate’s banking industry
05/10/2019
Some gaps still need filling up in Islamic finance
There is still a lack of qualified personnel to man its various levels
05/10/2019
High Growth in Takaful Market 2019-2025
Nonetheless, the surplus amount invested is then employed for making investments that are helpful for earning a higher profit for the policyholders.
05/08/2019
UAE's Majid Al Futtaim markets green dollar sukuk
Green bonds are a growing category of fixed-income securities and green sukuk could widen the appeal of sukuk beyond its traditional markets in Asia and the Middle East to include ethical investors in Western countries.
05/08/2019
Islamic wealth management holds plenty of opportunities
To put that in perspective, assets under management of the wealth management division of Malaysia’s Maybank, one of the largest banks in Southeast Asia, was $8.14bn in 2018 for both conventional and Islamic wealth management.
05/08/2019
Best Islamic Financial Institutions In The World 2019: Coming Into Their Own
Growth continues for Islamic financial institutions, helped by technology and product innovations.