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.
Islamic Finance
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
03/13/2019
Emirates Islamic opens new main branch in Abu Dhabi
The inauguration of the new branch – which offers Retail, Priority, Business and Corporate Banking services - brings the total number of Emirates Islamic branches in the UAE to 59