Financial guidelines from the Covid-19 pandemic
The coronavirus pandemic has a profound impact on every aspect of life. At Al Salam Bank, we are committed to…
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Saudi Arabia Central Bank Leads The Way With Blockchain-Powered Transfer
Over the past five years something extraordinary has happened in blockchain: countries usually known for following tech innovation have taken…
Qatar- Banks 'key enablers' to successful restart of local economy: QIB chief
Banks in Qatar are acting as key enablers for the successful restart of the local economy, supported by the Governments'…
Northern Trust Whole Office To Accelerate Growth
Northern Trust, which provides wealth management, asset servicing, asset management and banking, expects the growth of its Whole Office platform…
Al Baraka signs key financing accord
Al Baraka Islamic Bank has signed a memorandum of understanding with Al Mannai Projects, with the aim of providing funds…
Central Bank of Bahrain launches key murabaha service
The Central Bank of Bahrain in collaboration with Bahrain Bourse has developed a murabaha sukuk service for clients and banks,…
Oman's sultan appoints head of new sovereign wealth fund
Oman's Sultan has appointed Abdulsalam al-Murshidi as the head of the Omani Investment Authority, a new state entity replacing the…
Dubai developer gets 'locked out' of own project by contractor
A developer in Dubai has been "locked out" out of its two completed projects in Dubai, after a dispute escalated…
Shariah-compliant gold trading platform to launch in UK
A digital gold-trading platform compliant with Islamic finance norms is about to get launched in the UK as early as…
Shams, Mashreq Bank announce partnership to support SMEs in Sharjah
Sharjah Media City, known as Shams, and Mashreq Bank, one of the leading financial institutions in the UAE, have announced…
First Abu Dhabi Bank issues 'green bond' in Hong Kong dollars
First Abu Dhabi Bank has issued a 750 million Hong Kong dollar five-year “Green Bond” through a private placement. This…
Blockchain technology to inject cash into Saudi Arabia banking sector
Saudi Arabian Monetary Authority has recently used the blockchain technology to deposit portion of the previously announced cash to be…