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Islamic Finance

04/05/2019

First Abu Dhabi Bank strongly denies report on merger with Abu Dhabi Islamic Bank

A report claims two banks merging to create biggest lender in Middle East

04/02/2019

KFH notifies CPA of efforts to agree on ‘acquisition’ of AUB

The sources indicated that KFH is the only one which is interested in submitting the acquisition request to PCA as the only local entity in the deal.

04/02/2019

Kuwait Finance House Bahrain Wins Prestigious Ava Digital Awards

The categories in the competition include digital campaigns, audio and video production, website development, social media engagement and mobile marketing.

04/01/2019

EMEA Finance Magazine Europe Names KFH “Best Islamic Bank in Bahrain”

KFH Group strives to provide a one-stop-shop banking destination offering customers the best products and services, as well as the most suitable solutions to their banking needs.

03/29/2019

Islamic finance becoming a multi-faceted industry

The trend will be underpinned by newly deployed electronic modes for all products and services and shows that Qatar is on the right way.

03/28/2019

Oman- Bank Nizwa plans to expand its branch network

Bank Nizwa's total assets grew by 25 per cent to RO873mn at the end of 2018 compared to RO697mn a year ago

03/28/2019

Al Baraka Banking Group and three subsidiary Banking Units receive Global Finance Awards

For the Seventh Successive Year

03/27/2019

Islamic finance becoming a multi-faceted industry

The trend will be underpinned by newly deployed electronic modes for all products and services and shows that Qatar is on the right way.

03/26/2019

S&P affirms QIB’s rating at ‘A-/A-2’ with stable outlook

The S&P report also highlighted that “QIB’s funding profile is now more balanced because the bank has replaced Gulf Co-operation Council deposits with core deposits from local entities.

03/25/2019

Qatar's Masraf Al Rayan hires banks for debut dollar sukuk - sources

Masraf has hired a group of banks including Barclays and Standard Chartered to arrange the deal, said the sources.

03/22/2019

Islamic banking largest sector, contributing to 71pc of industry’s assets

The global Islamic banking market covers different aspects, like Islamic Banking, Takaful: Islamic Insurance, Sukuk: Islamic Bonds, and Shariah Capital Market: Islamic funds.

03/21/2019

Islamic asset management in global markets

As we see it, the next step in the evolution of the Islamic finance industry is achieving critical size and global reach.

03/21/2019

QIB successfully completes issuance of $750mn sukuk

More than 140 investors from 28 countries spanning Europe, Asia, USA and the Middle East participated in the sukuk.

03/20/2019

Qatar to launch energy-focused Islamic bank with $10 billion capital

Speaking at an Islamic Finance conference in Doha, executives launching Energy Bank said it would be the largest Islamic energy-focused lender in the world, and would target private sector and government energy projects, both at home and abroad.

03/20/2019

Alinma Bank recognized for excellence in Islamic banking

Speaking about the awards, Al-Fares thanked Finnovex and pledged to continue his work as an advocate for Shariah-compliant banking and overall excellence in banking.

03/19/2019

Emirates Islamic named most Innovative Islamic Bank by Islamic Finance News

The Islamic Finance News Awards honour the best in the global Islamic financial industry

03/19/2019

KFH holds AGM, approves distribution of 20% cash dividends, 10% bonus shares

In 2018, KFH redefined several core aspects of growth

03/19/2019

Interest growth: Adnan Chilwan, Group CEO, Dubai Islamic Bank, on the future of Islamic banking at home and abroad

The popularity of sharia-compliant banking is undeniably on the rise, not just in traditional markets, but around the globe.

03/14/2019

New World Capital Advisors invests in IslamicMarkets

The Islamic economy is the emerging market of the next decade and we expect the market to continue to flourish

03/13/2019

ADIB role in landmark Indonesia sovereign green sukuk recognized at IFR Asia awards

The transaction, concluded in Feb 2018 won the International Finance Review (IFR) Asia awards for the Socially Responsible Investing (SRI) Capital Markets issue of the year

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