03/15/2018
Islamic financing to outpace conventional banking with sukuks
Moody's says sukuk issuances have more than doubled over past decade to $100 billion
Islamic Finance
03/15/2018
Oman- Islamic banking growth could slow in future: H E Amri
During the IFN Oman Forum, panel discussions were also organised in which delegates from various stakeholders discussed issues related to Shaira'a-compliant financial products.
03/15/2018
Islamic finance set to extend growth faster than conventional finance
The growth of the Islamic finance sector will continue to outstrip the growth of conventional assets across core Islamic finance markets in coming years, as demand for Shari'ah-compliant financial instruments rises, says Moody's Investors Servic
03/15/2018
Shariah compliant finance is now nearly half of GCC banking market: Moody's
Annual sukuk issuances have more than doubled to $100 billion from $42 billion from 2008 until September 2017.
03/14/2018
Dubai Islamic Bank Shines Again With Twelve Distinctive Accolades at Islamic Finance News Awards
Held at the Ritz Carlton in DIFC, Dubai, on March 11, the IFN Awards are widely respected and recognized by the global Islamic financial community.
03/13/2018
ABG, six units win top awards
Al Baraka Banking Group won Bahrain Deal of the Year Award and Regulatory Capital Deal of the year Award for its US$ 400 million Tier 1 Sukuk.
03/12/2018
KFH Wins Best Islamic Bank in Middle East, Kuwait 2017 Awards
KFH established concrete pillars for Islamic financing industry.
03/12/2018
ADIB Securities launches trading on Tadawul
New service gives GCC investors access to Tadawul
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.
03/08/2018
QIB launches new mobile app; revamps IR section on website
The new QIB app includes interactive financial screens enabling investors to see QIB’s historical share price and results while providing comparison with peers.
03/08/2018
Saudi Dar Al Arkan Real Estate hires banks ahead of 5-year dollar sukuk deal
If the deal goes ahead, Dar Al Arkan will be the first Saudi company to issue an international bond this year.
03/08/2018
Meethaq elevates mobile banking service with innovative features
The innovative features include tap & pay which is first of its kind in Oman, eCommerce where Meethaq is the first bank in the Middle East to offer this services
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
GCC’s first Shariah-compliant gold product launched
Trading will commence on the Exchange from March 29, 2018.
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.
03/06/2018
ADIB wins Best Islamic Bank in the UAE at EMEA Finance Awards
The accolade recognises ADIB’s track record of delivering innovative Sharia’a compliant products.
03/04/2018
Dubai Islamic Bank wins Best Sukuk House at EMEA Finance Middle East Banking Awards for second consecutive year
UAE continues to be a leading sukuk market.
03/04/2018
Al Hilal Global Sukuk Fund delivers 3.93% dividend
The Fund, which was launched in March 2012, distributed a 3.93% dividend to all registered unit holders.
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.”
02/25/2018
Dubai Islamic Bank Kenya head-hunts for senior managers
DIB intends to exclusively offer Shariah-compliant banking services in the country.