12/04/2024
QIB launches an exclusive finance campaign on the occasion of Qatar National Day
The campaign offers customers reduced rates starting at 4.5% for Qatari nationals and 5.5% for expats
Islamic Finance
11/29/2024
Islamic Finance leaders convene at Second Islamic Economy meeting to discuss sustainable innovation and Maqasid Al-Shariah in Finance
The meeting was held in Jeddah, Kingdom of Saudi Arabia and Online
11/29/2024
Islamic banking in Kuwait and Oman stable amid favorable conditions: Fitch Ratings
Fitch Ratings noted that capital at Kuwaiti Islamic banks remains adequate, supported by moderate growth and steady profitability in 2024 and 2025.
11/28/2024
Oman Islamic finance sector expanding
Deposit protection law now covers Islamic banks
11/25/2024
Record Asset Management GmbH and OWI Group PLC launch Deep Tier Supply Chain Finance strategy
This innovative fund will draw upon a mix of international investors
11/21/2024
Emirates Islamic introduces Limited Edition Emarati Visa Credit Card
Designed in collaboration with renowned Emarati artist Mattar Bin Lahej
11/19/2024
ADIB-Egypt receives Global Finance Magazine’s “Best Islamic Financial Institution in Egypt” award for 7th year
This commendation is also a testament to the bank’s sustainable growth and its strengthening position as the first choice for clients seeking Sharia-compliant banking solutions.
11/13/2024
Bank Nizwa reaffirms leadership position with remarkable Q3 performance
With a net profit of OMR 12,431 million, reflecting a notable 6% increase
11/12/2024
QIB recognised as Safest Islamic Bank in Qatar and 2nd in GCC by Global Finance
This prestigious acknowledgment solidifies QIB's position as a beacon of safety and stability in Islamic banking locally and globally.
11/12/2024
Central Bank Pushes for Islamic Banking at Bahrain Conference
The Central Bank of Afghanistan delegation traveled to Malaysia to attend the International Forum on Islamic Economics and Finance.
11/07/2024
Dubai Islamic Bank nine month 2024 group financial results
Balance Sheet expands to AED 329 billion, up almost 5% YTD
11/06/2024
ADIB becomes first UAE bank to safely test fractional Sukuks offering to retail investors
This supports the UAE's leading position as a global hub for technological innovation and financial services
11/06/2024
Al Salam Bank Launches ASB Capital: A New Asset Management Firm in the DIFC with AUMs of USD 4.5 Billion
The announcement was made on the sidelines of the Gateway Gulf Investment Forum held in the Kingdom of Bahrain on November 3 and 4, 2024.
11/05/2024
Bait Al-Mashura Journal ranks first in Arab World for specialisation of Islamic Economics and Finance
The rank was awarded by the Arab Citation and Impact Factor (ARCIF), for the year 2024.
10/18/2024
Sharjah Islamic Bank's profit before tax Increased by 29% for nine month period ended 30 September 2024
The overall revenue increase is because of the SIB's strong core performance; focus on SIB’s customer-centric approach and multiple new high profit oriented customized products
10/16/2024
Ithmaar Bank enables digital onboarding in Bahrain
Ithmaar Bank designed this service to cater to the needs of corporates and SMEs clients
10/16/2024
IsDB to finance $3bn in 20 socio-economic projects across 17 countries
Initiatives target key sectors such as agriculture, water resources, and energy, as well as health care and infrastructure
10/09/2024
Ahli islamic wins Excellence in Retail Islamic Banking award 2024
The Alam Al Iktisaad Awards are a benchmark of distinction in the local business and financial sectors
10/04/2024
Retail investors are Abu Dhabi Islamic Bank PJSC's biggest owners and were hit after market cap dropped د.إ2.7b
The top 5 shareholders own 51% of the company
09/30/2024
Islamic banking in Egyptian market hits $15.23bln in June 2024
Islamic banking now constitutes 4% of the overall Egyptian banking market