01/06/2023
Abu Dhabi Islamic Bank increases stake in its Egyptian unit to more than 52%
The UAE bank bought 9.6 million shares from National Investment Bank
Islamic Finance
12/14/2022
Emirates REIT closes $380mln sukuk issuance at 9.5% profit rate
The sukuk refinances the $400mln issuance of 2017
12/12/2022
Sohar Islamic signs MoU with Ministry of Housing and Urban Planning
For providing convenient home financing solutions
12/06/2022
ADIB launches its state-of-the-art digital Command Centre, ACE
The state-of-the-art facility places AI and analytics at the forefront of ADIB’s banking operations
12/05/2022
Ahli islamic receives a prestigious award for Excellence in Islamic Retail Banking
At Alam Al-Iktisaad Wa Al Ama’al Awards
12/05/2022
Bank Nizwa receives two prestigious awards at Alam Al-Iktisaad's Islamic Banking and Finance Summit 2022
Bank Nizwa awarded the 'Islamic Bank of the Year' title and 'Best Sustainable Banking Products Innovation' accolades
11/30/2022
Standard Chartered launches Islamic Sustainable Account in the UAE
National Fire Fighting Manufacturing FZCO becomes first company to open an Islamic Sustainable Account in UAE
11/30/2022
Refinitiv: Global Islamic Finance Industry expected to reach US$5.9trln by 2026
Malaysia leads the Islamic finance industry followed by Saudi Arabia, Indonesia, Bahrain, Kuwait, and the UAE
11/28/2022
KFH signs an agreement with Pio-Tech to implement the RPA technology
It is worth noting that KFH has made great strides in its digital transformation strategy while enhancing customer experience and meeting their aspirations and needs, thanks to its unique and innovative banking services and solutions.
11/28/2022
Volume of Islamic banking in Egypt estimated at EGP 459bn by end of September 2022
Islamic banking accounts for about 5% of total banking in the Egyptian market
11/24/2022
Bank Nizwa launches Shari’ah-compliant eco-friendly payment cards
The cards unlock privileges that match the lifestyles of the bank’s premium customers, creating a seamless experience that is secure and hassle-free for cardholders.
11/23/2022
Dubai Islamic Bank sells $750mln in debut sustainable sukuk
Bank ABC, Dubai Islamic Bank, Emirates NBD Capital , First Abu Dhabi Bank, KFH Capital, HSBC, Sharjah Islamic Bank and Standard Chartered are arranging the debt sale
11/23/2022
Standard & Poor’s awards Boubyan Bank the highest credit rating in Kuwait
The bank’s strong franchise and UK subsidiary to help fulfill ambitions to expand banking services locally and regionally
11/16/2022
Ithmaar B S C : Bank announces third quarter results
The results also show a net profit attributable to equity holders for the nine-month period ended 30 September 2022 of BD11.39 million, compared to a net loss of BD2.62 million for the same period in 2021. Total profit for the nine-month period ended 30 S
11/15/2022
Al Rajhi Bank completes $3bn Tier 1 SR-denominated Sukuk subscription
The sukuk allocation is expected to be completed by Nov. 13, and the settlement is scheduled for Nov. 16.
11/14/2022
Bank Nizwa makes home ownership easy
Providing a variety of property financing solutions
10/21/2022
Muzn Islamic Banking Supports Islamic Finance News Oman Forum 2022
As NBO’s Islamic banking window, Muzn is committed to unlock new opportunities and support our customers to flourish.
10/21/2022
ADIB named the Safest Islamic Financial Institution in 2022
Secured the 1st rank within Islamic banks and 6th in the Middle East on the World’s Safest Banks list, by Global Finance Magazine
10/17/2022
Alizz Islamic Bank wins award for 'The Sultanate's Best Islamic Bank on Social Media'
Alizz Islamic Bank has used social media to launch its campaigns for the various customer segments and reinforcing its brand and marketing strategies for important accomplishments in this regard.
10/13/2022
5 leading Islamic finance banks in the Kingdom of Bahrain
This is likely driven by the steadily rising public demand for Islamic products and the expected improvement in the operating environment.