03/13/2018

ABG, six units win top awards

Al Baraka Banking Group won Bahrain Deal of the Year Award and Regulatory Capital Deal of the year Award for its US$ 400 million Tier 1 Sukuk.

03/11/2018

Sharjah issues USD 1 billion sukuks

The operation success, moreover, reflects the abundant financial resources and the lucrative investment environment, enjoyed by the emirate.

03/06/2018

Indonesia issues two Islamic bonds on Nasdaq Dubai

Listed Islamic bonds on Dubai exchanges were also revealed to have arrived at an overall worth of USD56.47 billion, marking it as the most internationally major regulated trading platform for sukuk.

03/06/2018

QIB aims to attract Qatari talent to bank

The career fair provides an opportunity for the bank’s human resources to meet with students and alumni for four days and introduce them to Islamic banking activities and the jobs the bank offers.

02/27/2018

Ibdar bank reports profits

Looking ahead, Sadeq said that the bank will continue to enhance its operating profitability in 2018 by “building on Ibdar’s track record and execution platform.”

02/22/2018

New Islamic economy products unveiled in Dubai

The first product launched was the ‘Exchangeable Sukuk’, which has been created to mobilize resources using Sukuk that are tradable and don’t require the utilization of bank assets.

02/22/2018

Jump in Islamic tax liabilities worries Saudi banks

In the last couple of weeks, several major banks have disclosed that the government’s General Authority of Zakat and Tax is seeking additional zakat payments from them for years going back as far as 2002.