03/24/2022
In collaboration with MUFG, Alimna Bank, Riyad Bank, and Siemens Bank, $480 million of green finance has been allocated for three independent sewage treatment plants (ISTP) in Saudi Arabia
03/23/2022
Oman’s Islamic Banking on Positive Trajectory
Key structural challenges persist mainly due to the sector’s recent inception in Oman
03/23/2022
ADIB will contribute $61 million of the total amount in its first-ever financing of green projects in the Kingdom, it said in a statement.
03/23/2022
The report also said that QIB’s profitability is strong, and its earnings quality is good, with the Bank posting consistent results.
03/22/2022
Capital Intelligence’s Credit Rating Report reaffirmed QIB’s strong franchise and market position, with 49% of total assets of listed Islamic banks in Qatar
03/22/2022
An improving operating environment, expected positive real GDP growth, higher oil prices, the easing of coronavirus restrictions, and the rise in interest or profit rates will also support growth in both Islamic and conventional banking
03/21/2022
Approved cash dividend of 48.5% of net profits for the year 2021
03/17/2022
The launch of this framework showcases QFC’s commitment to environmental, social, and governance (ESG) while emphasising the growing significance of Islamic finance in sustainable development.
03/17/2022
Islamic banks’ total assets expanded by 8.1% in 2021, at a faster pace than conventional banks’ total asset growth of 4.2%
03/17/2022
According to Fitch Ratings, Islamic banking continues to have significant importance in Bahrain, with its market share rising to 38.8 percent of domestic banking system
03/16/2022
The issuance is divided into two tranches
03/16/2022
The Qatari market offers great opportunities for international fintech companies, with ICT spending here expected to reach $9bn by 2024, the Minister said.
03/11/2022
Public Debt Law may enhance issuance of sovereign sukuk
03/10/2022
The issuance is divided into four tranches
03/10/2022
Islamic banks' assets globally will continue to outperform their conventional peers this year, Moody's says
03/07/2022
Islamic deposits record about EGP 350.4bn, financing reaches EGP 328bn
03/07/2022
Turkey presents huge opportunities both in the area of fintech and participation finance.
03/07/2022
The partnership is integral to AFS’s Regional Partner Program, a program committed to providing a platform for new and existing Fintechs to launch, expand and scale their products across the region
03/04/2022
A stock market filing said the boards of the two companies had reached agreement, with the transaction to be completed later this year
03/01/2022
The foreign debt amounted to about $137.5 billion at the end of last September.