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Islamic Finance

07/06/2026

Al Baraka Bank Egypt fosters digital banking network with new Alexandria branch

The new branch also marks a key milestone in accelerating the shift of daily transactions to digital channels, ensuring a faster, more flexible banking experience around the clock.

06/26/2026

Abu Dhabi Islamic to provide digital home financing for Emiratis

The initiative supports the UAE’s ongoing commitment to homeownership and family well-being

06/16/2026

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

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

06/16/2026

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.

06/15/2026

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.

06/12/2026

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

06/11/2026

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

06/09/2026

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

05/15/2026

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

A new achievement reflecting its leadership in islamic banking

05/14/2026

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%

05/13/2026

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

05/13/2026

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.

05/11/2026

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

05/07/2026

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

05/06/2026

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.

04/28/2026

Emirates Islamic launches Sharia-compliant digital gold and silver investment

New app-based service allows customers to buy, sell and store precious metals

04/27/2026

JSC approves JD10m Islamic sukuk issuance

It also aligns with the company’s broader plan to issue multiple tranches totalling JD100 million.

04/15/2026

Al Baraka Islamic Bank launches alBarakat 2026 scheme

With a fresh identity and unveils the enhanced alBarakat Plus account

04/14/2026

Sharjah Islamic Bank posts 19.4% profit growth in Q1

Strong financing income and diversified revenue streams lift net profit to Dh381 million

04/13/2026

Warba Bank announces new management structure

To strengthen position as leading Islamic bank serving customers and Kuwaiti economy

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