06/11/2018
ADIB named world's best Islamic Bank by FT's The Banker Magazine
ADIB wins two further awards for Islamic Bank of the Year - UAE and Islamic Bank of the Year - Middle East
Islamic Finance
06/10/2018
Islamic Bank of Afghanistan signs MoU with DMCC
The Islamic Bank of Afghanistan has joined the DMCC Tradeflow platform for Shari’ah compliant multi-currency transactions.
06/07/2018
QIB wins The Banker’s ‘Islamic Bank of the Year — Qatar’ award for 6th consecutive year
‘Islamic Bank of the Year — Qatar’ also highlights the bank’s major contribution to the financial scene in Qatar and its leading position in the local banking sector.
06/07/2018
Lombard Odier launches Islamic products as it eyes Abu Dhabi expansion
Switzerland’s oldest private bank is also contemplating a partnership in Saudi Arabia
06/06/2018
KFH-Bahrain Wealth Management department Introducing new real estate investment opportunities
KFH-Bahrain will be launching Real Estate investment opportunities for its clients
06/06/2018
IMF’s Islamic banking regulation framework: Playing by the rules
It will apply to both fully-fledged Islamic banks and such with Islamic windows.
06/04/2018
Islamic banking industry grew by 8.6% from 2016 to 2017
The three countries whose data is included for the first time are Palestine, Lebanon and Qatar
06/04/2018
"GII Islamic REIT" acquires office property in Dubai for USD 32 m.
"GII Islamic REIT" IPO will take place in November 2018
06/03/2018
Dubai Islamic Bank donates Dh10m to ERC
Dubai Islamic provides zakat money to help meet the requirements of needy segments
06/03/2018
QNB’s al-Kuwari among top executives featured in KPMG’s ‘2018 Global CEO Outlook’
As the pace of digital disruption accelerates and banks race to keep up with technological change, QNB is taking a holistic approach to its workforce to make sure it has the skills it needs, al-Kuwari said in the report.
05/29/2018
QIB, QPAY to launch Qatar’s first Islamic PoS solution
This collaboration will feature the launch of a wide array of payment processing services including point of sale credit/debit cards acceptance, mobile point of sale, mobile payments, e-commerce, and online billing.
05/28/2018
Global sukuk issuances surge 44%
The upswing is attributable to a boost from Saudi Arabia
05/28/2018
Dubai Islamic Bank Receives Two Prestigious ISO Certifications
DIB’s Human Resources L&D Centre places significant importance in nurturing and fine-tuning the skills of the human talent at the bank.
05/28/2018
Islamic finance gets IMF backing
UAE expands its role as one of the leading hubs for sector.
05/25/2018
Dubai Bank raids Kenyan rivals for top management
DIB Bank Kenya managing director Peter Mule Makau joined the lender from United Bank for Africa Tanzania, where he was also the MD.
05/23/2018
QIIB set to open two more branches this year
Last week we opened our latest branch in the City Centre mall, and hopefully before the end of this year, we will have two more branches
05/22/2018
Kuwait Finance House sets up $3 bln sukuk programme
The certificates have been assigned a provisional (P)A1 senior unsecured long-term rating by credit rating agency Moody’s.
05/21/2018
ABK, FAB and Noor Bank sign loan deal for Dubai Aerospace
FAB will also act as the Global Agent, Facility Agent and Investment Agent, whilst Noor Bank will act as the Islamic Structuring Agent.
05/17/2018
Noor Bank’s $500m sukuk listed on Nasdaq Dubai
Listed on 24 April 2018, Noor Bank’s $500 million Sukuk is a five-year instrument that was oversubscribed 2.1 times following a successful international roadshow.
05/15/2018
Kuwait Finance House just launched a new service that’s going to make your lives a whole-lot easier!
The app allows customers to open a Mudaraba-based savings account, Libshara account and also grants them access to transactional services.