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
Islamic Finance
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
09/18/2024
Bank investments in monetary bills, Islamic CD hit $62bln by end of Q2-24: CBUAE
The statistics showed that the Central Bank’s foreign assets increased by 5.3 percent
09/16/2024
Oman’s Islamic banking assets surge 18%, reflecting broader GCC growth trends
The growth in Oman aligns with a broader regional trend.
09/16/2024
QIB Wins Five Awards at The Asset Triple A Islamic Finance Awards
QIB's Group CEO Bassel Gamal said that these awards reflect the Bank's ongoing commitment to delivering innovative, customer-focused Islamic banking solutions
09/13/2024
GCC Islamic banks to maintain strong profitability driven by economic growth
Profit margins are expected to remain insulated from potential Fed monetary policy easing
09/10/2024
Network International partners with ruya to improve Islamic Banking
The partnership is expected to elevate Shariah-compliant banking standards and drive innovation within the UAE’s expanding digital economy.
09/10/2024
Bank Nizwa discusses key Islamic banking topics at Islamic Finance news Oman 2024 conference
The bank was awarded with the ‘Best Islamic Bank in Oman’ title
09/09/2024
BankDhofar launches innovative podcast series to promote financial literacy
In collaboration with Hala FM
09/04/2024
KFH Group completes the conversion of Ahli United Bank – Egypt to Sharia-compliant banking
This conversion is part of the strategic shift that the Group initiated following the successful acquisition of Ahli United Group-Bahrain in October 2022: official
08/27/2024
Global Islamic Finance Summit 2024 - Shaping the future of Islamic Finance
The Global Islamic Finance Summit is proud to partner with the Maldives Islamic Bank as a Strategic Partner
08/22/2024
International Islamic Banking Forum successfully concluded in Ethiopia
Interest-Free/ Islamic Finance Set to Transform Africa: Hassan Mohammed, State Minister of Industry, Ethiopia
08/15/2024
Saudi Arabia poised to ignite Islamic insurance boom in GCC: report
Saudi authorities are actively working to reduce the number of uninsured vehicles and introduce new mandatory medical cover
08/12/2024
Khaleeji Bank participates in Youth City 2030, introducing innovative “Ajyal” account to youngsters
Catering to Children & Teenagers up to 21 years oldold
08/02/2024
Global ESG sukuk market shows strong growth in early 2024; Q3 slowdown expected: Fitch
In first half of 2024, 99% of all Fitch-rated green sukuk were investment-grade
07/26/2024
Abu Dhabi Islamic Bank PJSC Reports Earnings Results for the Second Quarter and Six Months Ended June 30, 2024
Basic earnings per share from continuing operations was AED 0.39 compared to AED 0.304 a year ago.
07/25/2024
Oman’s NBO Muzn unveils Shariah compliant alternative to bill discounting
Muzn continues to lead the way in Islamic banking innovation, providing tools that enable our clients to manage their financial responsibilities with ease and confidence.”
07/22/2024
Bank Nizwa honoured with prestigious awards for outstanding performance and innovation in banking sector
Awarded the ‘Islamic Bank of the Year’ award at the New Age Banking Summit 2024
07/19/2024
QIB half-yearly net profit rises 5.6% to QR2,065m
Basic earnings per share for the six months period ended 30 June 2024 is QR0.87