12/05/2017
Middle East Islamic banking to grow by 5% annually, says governor of Central Bank of Bahrain
Rate of growth has slowed from historic highs amid economic slowdown, says Rasheed Al Maraj
Islamic Finance
12/05/2017
Islamic funds, asset management sector poised for growth
The number of Islamic funds stood at 1,535, compared to 802 funds in 2008.
12/04/2017
Majority Of GCC Banks’ Ratings Outlook To Remain Stable
Muted GDP Growth And Higher Funding Costs To Continue To Put Pressure On Banks’ Lending And Revenue In 2018
12/04/2017
QIB Recognised At ‘Arab Best’ Awards 2017
QIB Receives Two Awards
12/04/2017
AL-Thiqa Islamic Bank Deploys ICS BANKS ISLAMIC System from ICSFS
ICSFS provides fully integrated universal, banking applications that deploys solutions and a range of professional services to automate and streamline banking services.
12/03/2017
GCC corporate, infrastructure sukuk outlook uncertain
Segment remains a small fraction of region’s Islamic bond issuances, which are dominated by a few bespoke deals
12/03/2017
What is holding back corporate sukuk issuers in the GCC?
Region’s corporate and infrastructure Islamic bond market has yet to exceed double-digit growth in issuances
11/30/2017
UAE's Islamic banking assets surge 6% to $146bln in 10 months
Islamic banking assets accounting for 20.2% of total banking assets in the country.
11/29/2017
Policy Aims To Reduce Financial Burden: CBO
The Majlis Meethaq Forum Is Aimed At Presenting Successful Role Models And Highlighting Their Achievements To Motivate And Inspire Citizens
11/28/2017
KFH To Participate in World Islamic Banking Conference
Conference To Be Held In Bahrain From Dec 4-6
11/25/2017
Meethaq wins best Islamic retail banking window in Oman award
The Islamic Retail Banking Awards celebrate the success stories and best practices in Islamic banking and finance, with a view to strengthening the global Islamic financial services industry.
11/21/2017
Race is on for a global Islamic finance hub
It would also have the critical mass to emerge as a full-fledged global centre for cross-border Islamic banking, fund raising and Islamic financial services.
11/20/2017
Bank Nizwa Celebrates Year-End With 12th Branch In Al Ma’abela In Oman
The Latest Addition To Bank Nizwa Offers A Full Range Of Shari’a-Compliant Banking Solutions
11/12/2017
GFH records net profit Q 3 of US$87.23 m
Consolidated net profit for third quarter of 2017 increased to US$25.52 million from a loss of US$8.26 million in the prior-year period, an increase of 409%.
11/07/2017
ADIB wins two Global Finance awards for digital banking and innovation
It with the efficiency of digital banking.
11/06/2017
Islamic banks in Bahrain urged to fully comply with new standards
The new Islamic banking legislation, under which independent external scrutiny is a mandatory requirement
11/05/2017
Al Rajhi Bank Launches Exclusive Payment Services Solution in Collaboration With Accenture
The new Hub is aimed at maintaining Al Rajhi Bank’s leadership in the payments market in Saudi Arabia, providing a unique payment solution for all the bank’s payment products & services.
11/05/2017
Boubyan Receives ‘Best Islamic Digital Bank Award Worldwide
“The Most Prominent Challenges That Faced Boubyan Bank Was Returning To The Basics Of Banking"
11/02/2017
His Highness the PM receives newly appointed World Bank official
Who was accompanied by visiting Managing Director and World Bank Group Chief Administrative Officer Shaolin Yang.
11/02/2017
Panin Dubai Syariah selects ICS Banks core banking platform
Panin Dubai Syariah is a result of an acquisition of 40% of shares in Bank Panin Syariah by Dubai Islamic Bank and a subsequent rebrand.