02/25/2022
Al-Kuwari receives Islamic Development Bank president
During the meeting, bilateral relations were reviewed
Islamic Finance
02/23/2022
Results of Qatar Islamic Bank ordinary & extraordinary AGM on 22 February 2022
The Assembly approved the Board of Director's Report on the results of the Bank and financial statements for year ended 31 December 2021 and the plan for the year 2022
02/23/2022
UAE's Emirates Development Bank, DIB sign deal to boost SME financing
Dubai Islamic Bank expected to disburse $54.4mln in financing
02/22/2022
GFH launches $100m sukuk fund in big regional boost
The group’s considered approach to Islamic investment banking services has been recognised globally over the past two decades.
02/18/2022
Islamic equities in demand despite lull on QSE
The local retail investors were increasingly net profit takers in the market
02/16/2022
Turkey authorizes banks to issue dollar-denominated sukuk
Treasury authorized Citi, Dubai Islamic Bank, HSBC and Kuwait Finance House Capital for issuance of dollar-denominated sukuk with a maturity of 5 years.
02/13/2022
Al Salam Bank net profit surges 134pc
Al Salam's growth was accompanied with a robust improvement in asset quality during 2021
02/11/2022
Growth in Shariah-compliant investment opportunities expected in 2022 - INVESCO
Investment management firm said increased focus on ESG principles gives rise to demand
02/10/2022
Riyad Bank sells $750mln in perpetual sustainability sukuk
The yield was tightened from initial price guidance of around 4.375%
02/10/2022
Qatar plans to be Islamic sukuk hub
Rashid bin Ali Al Mansoori shared his experience in the QSE, talked about establishment of QSE and its role in the economy, and Islamic products in the stock exchange.
02/10/2022
Egypt Banking Industry Report 2021 Featuring National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank, QNB Alahli, HSBC and Credit Agricole Egypt
This report on the Egyptian banking industry covers deposit-taking institutions, as well as central banking.
02/09/2022
Jordan Islamic Bank announces US$ 136.1mln profits in 2021 before tax
Board of Directors recommends distributing 25% cash dividends to shareholders
02/09/2022
Dubai Islamic Bank prices $750 million senior sukuk at 2.74%
Investor demand was strong with an orderbook that was more than 2.5 times oversubscribed
02/08/2022
Central Bank of Kuwait net foreign assets suffer biggest fall in at least 30 years
The December decrease was this year's second biggest monthly drop after March
02/08/2022
Abu Dhabi Islamic Bank posts 45% jump in annual net profit
ADIB chairman says improving UAE economy will offer opportunities ‘to develop corporate and retail banking businesses’
02/07/2022
Invesco sees a boost in Shariah-related investment products in 2022
Shariah-compliant products attract the attention of investors worldwide
02/07/2022
Saudi Riyad Bank to issue dollar denominated Tier 1 capital sukuk
Amount and terms of offer to be set subject to market conditions
02/04/2022
QIIB awarded “Best Bank in Qatar for Credit Card Offers 2021” by The Global Economics
Al-Jamal: "We work hard to provide our customers with the best and most credible and innovative features in the banking market."
02/02/2022
Sharjah Islamic Bank's net profit up 26.7% in 2021
Customer deposits grow by $1.3bln in one year
02/01/2022
New IsDBI book details practical ways of curtailing risk in Islamic Finance
The book, titled "Heavy Tails and Coherent Risk Measures in Islamic Finance", was authored by Dr. Mahmoud Bekri, a Research Economist at IsDBI