Managers of Wealth Middle East -Wealth, private banking and asset management news and opinion

Saudi PIF unit KAFD DMC closes $3.2bln Islamic financing deal

The 15-year senior-secured facility was ‌arranged by ⁠a syndicate ⁠of banks

Dubai Islamic Bank raises $1bn from oversubscribed AT1 sukuk

Investor demand was strong, with the orderbook exceeding $1.85 billion, excluding joint lead manager interest.

Alizz Islamic Bank wins ‘Best Brand in Customer Experience – Islamic Banking’ at Oman CX Awards 2026

Customer experience remains a key strategic pillar for Alizz Islamic Bank and an essential component of its long-term growth strategy.

Bank Nizwa contributes successfully in closing the issuance of the 11th series of local sovereign Sukuk

As Joint Issue Manager and Collecting Bank

20th IsDB Global Forum on Islamic Finance to convene in Azerbaijan

The forum serves as a flagship platform for high-level dialogue, convening policymakers, regulators, development practitioners, academics, and industry leaders to advance innovation and development in Islamic finance

Dubai Islamic Bank issues $1 billion Additional Tier 1 perpetual non-call 6-year Sukuk

DIB cements leadership with largest recent AT1 Sukuk at 6.25% profit rate

Bank Nizwa named issue manager and collecting bank for upcoming Sovereign Sukuk Series 11

The bank’s appointment to this prominent role reflects its expertise and leadership in the Islamic finance sector, as well as its ongoing efforts to deliver innovative financial solutions that are fully compliant with the principles of Islamic finan

KFH – Bahrain’s MyHassad wins Most Innovative Islamic Savings Product from The Banker Magazine

A new achievement reflecting its leadership in islamic banking

Al Baraka Islamic Bank achieves positive turnaround with net income of BD12thousand in Q1 2026

Income Before Tax Increases by 13% and Loss Attributable to Shareholders Declines by 66%

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns

The figures highlight the growing importance of Gulf capital markets in the global Islamic finance industry

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns

The figures highlight the growing importance of Gulf capital markets in the global Islamic finance industry, with Saudi Arabia continuing to drive sukuk activity through local-currency issuance.

Oman: Meethaq Islamic Banking tops $5.1bln in assets

The fund aims to achieve capital growth and sustainable returns by investing in Sharia-compliant equities across regional markets

KFH – Bahrain wins “Best Islamic Financial Institution” and “Best Bank in Bahrain” for 2026 from Global Finance

These awards reflect the Bank’s firm commitment to institutional excellence and the delivery of best-in-class banking practices

Abu Dhabi Family Business Council Signs MOU with Abu Dhabi Islamic Bank to Deliver Tailored Banking Solutions for High-Net-Worth Individuals

ADIB will also develop a dedicated electronic portal on its official website exclusively for ADFBC members, built in full coordination with the Council.

Islamic Finance

Saudi PIF unit KAFD DMC closes $3.2bln Islamic financing deal

Dubai Islamic Bank raises $1bn from oversubscribed AT1 sukuk

Alizz Islamic Bank wins ‘Best Brand in Customer Experience – Islamic Banking’ at Oman CX Awards 2026

Bank Nizwa contributes successfully in closing the issuance of the 11th series of local sovereign Sukuk

20th IsDB Global Forum on Islamic Finance to convene in Azerbaijan

Dubai Islamic Bank issues $1 billion Additional Tier 1 perpetual non-call 6-year Sukuk

Bank Nizwa named issue manager and collecting bank for upcoming Sovereign Sukuk Series 11

KFH – Bahrain’s MyHassad wins Most Innovative Islamic Savings Product from The Banker Magazine

Al Baraka Islamic Bank achieves positive turnaround with net income of BD12thousand in Q1 2026

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns

GCC sukuk issuance rises 13.1% as Saudi Arabia leads despite conflict concerns

Oman: Meethaq Islamic Banking tops $5.1bln in assets

KFH – Bahrain wins “Best Islamic Financial Institution” and “Best Bank in Bahrain” for 2026 from Global Finance

Abu Dhabi Family Business Council Signs MOU with Abu Dhabi Islamic Bank to Deliver Tailored Banking Solutions for High-Net-Worth Individuals

Emirates Islamic launches Sharia-compliant digital gold and silver investment

JSC approves JD10m Islamic sukuk issuance

Al Baraka Islamic Bank launches alBarakat 2026 scheme

Sharjah Islamic Bank posts 19.4% profit growth in Q1

Warba Bank announces new management structure

GCC Islamic banks show resilience amid geopolitical tensions