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Islamic Finance

03/02/2026

Suez Canal Bank, Alameda partner to integrate premium banking, healthcare services

The partnership reflects the bank’s strategy to broaden its suite of non-financial services, offering clients added value beyond traditional banking products through alliances with leading institutions in key sectors

02/25/2026

IsDB announces $2.41bn in new financing for development sectors

The bank also approved €116 million ($135 million) to upgrade Senegal’s Dakar Expressway Project.

02/20/2026

KFH – Bahrain announces strategic partnership with Beyon Money

Empowering customers with next-generation Banking-as-a-Service (BaaS) capabilities

02/20/2026

Invesco sees stronger demand growth for Shariah-compliant investment funds

Shariah-compliant products attract the attention of investors worldwide

02/16/2026

Abu Dhabi Islamic Bank named Best Islamic Bank in the Middle East by EMEA Finance

The award acknowledges the bank’s exceptional achievements in advancing innovation and its outstanding performance in the Islamic banking industry

02/13/2026

How Islamic finance could fund the future of space exploration

Sharing risks and profits, Islamic finance can revolutionise investing in space projects

02/12/2026

Saudi Arabia raises over $2bn in February sukuk sale: NDMC

The issuance was split into five tranches, with maturities ranging from 2031 to 2041

02/10/2026

Baker Botts Transaction Wins Sukuk Deal of the Year at GBM Awards Africa 2026 for the Arab Republic of Egypt

The award follows the firm’s recognition at the Islamic Finance News’ Deal of the Year 2025 Awards, where it was named Best Deal in Oman for advising on Oman’s U.S.$1 billion sovereign Sukuk issuance.

02/05/2026

Alizz Islamic Bank reaffirms its leadership in Islamic banking at the 17th IFSB Summit

The Summit marked a significant milestone for Oman’s financial sector

02/04/2026

Oman’s Islamic Finance eyes double-digit growth in 2026

Omani Islamic finance set for 2026 growth; Most Dollar issuances sukuk

01/30/2026

Oman’s Islamic finance industry set to rise 25% to $45bln in 2026

Fitch expects loan growth of 6-7% on demand from retail and corporate sectors

01/28/2026

Bahrain prices $800mln long 8-year sukuk and $1.3bln 12-year bond

The issuances will be listed on the London Stock Exchange

01/23/2026

Sharjah Islamic Bank achieves net profit of $272mln in 2025

Income from Islamic financing investments and sukuk increased by AED175.0 million

01/21/2026

Islamic bank Mal raises $230M in Gulf’s largest seed round

Getting license approvals either directly from regulators or through acquiring existing banks can be “fraught with compliance and regulatory hurdles

01/20/2026

Aafaq rolls out World Elite Mastercard credit card

The launch comes after a 2023 collaboration between Mastercard and Aafaq, when the two joined forces to create new credit, prepaid, and commercial SME offerings.

01/14/2026

Sohar Islamic Advances financial inclusion with the opening of its new Bowsher retail branch

This expansion brings the Bank’s total network to twenty branches and two service centres across the Sultanate, marking another strategic milestone in its ongoing efforts to strengthen physical accessibility and extend the reach of Sharia-compliant

12/30/2025

Bahrain Islamic Bank signs MoU with University of Technology Bahrain to provide training opportunities for students

Bahrain Islamic Bank will offer training programs for students of the university to help them meet academic graduation requirements

12/22/2025

Qatar Islamic Bank officially inaugurates its new head office at QIB Towers, West Bay

The event was hosted by QIB’s Chairman, Board of Directors, Group Chief Executive Officer, and Executive Management, reflecting the strategic importance of this milestone for the Bank and the wider financial sector.

12/22/2025

Oman’s Islamic banking assets rise to $24bn on credit growth

The broader banking sector also saw solid credit growth in 2025.

12/15/2025

Nasdaq Dubai welcomes USD 500mln Sukuk by Majid Al Futtaim amid strong momentum in Islamic Debt Markets

The Sukuk, maturing on 22 October 2035 with a profit rate of 4.875%

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