09/22/2020
Emirates Islamic successfully closes US$ 500 million Sukuk issuance
The landmark issuance rated A+ by Fitch will be listed on NASDAQ Dubai and Euronext Dublin
09/21/2020
It is the leading agency to provide globally standardised cross-sector rating action sector commentaries and takaful-specific considerations within its global insurance rating criteria.
09/20/2020
Islamic finance can be seen as a unique form of socially responsible investment.
09/20/2020
The bank was able to generate significant momentum from regional and international investors, reflecting strongly on their reputation as a source of quality credit in the financial markets.
09/18/2020
The World Bank’s analysis shows that pre-pandemic most countries had made steady progress in building human capital but there’s a lot of room for improvement for Islamic countries.
09/18/2020
Sukuk offering is latest in series of bond issuance in UAE
09/17/2020
Rated ‘junk’ by S&P and Fitch, Bahrain began marketing the deal at around 4.5% for the sukuk and around 5.75% for the conventional bonds earlier on Wednesday.
09/15/2020
The sukuk issue will be listed on the Muscat Securities Market (MSM) and the Muscat Clearing and Depository Company (MCDC) will undertake all matters related to the registration of Islamic bonds and the payment of these Islamic bonds holders, the ministry
09/15/2020
It hired Emirates NBD Capital, HSBC, The Islamic Corporation for the Development of the Private Sector, and Standard Chartered to arrange investor calls
09/14/2020
The Securitization Program has been designed in a way that can also be used for nonKFH-Bahrain financing portfolios, where the Bank acts as an arranger.
09/14/2020
This is a testament to the significant progress QIB has made in establishing itself as a leading banking institution in the Middle East while maintaining its leadership position in Qatar.
09/09/2020
Bahrain likely to offer 7-year sukuk, and 12-year and 30-year conventional bonds
09/08/2020
This prestigious rating, which is one of the highest in the industry, is another outstanding testament to the service excellence that we provide to our customers."
09/03/2020
Customers applying for QIB’s Home Finance will also be eligible for the 12 months’ repayment grace period allowing them to own their home today and start paying the installments after one year.
08/30/2020
Millennium Information Solution Ltd (MISL), a major player providing game-changing core banking solutions for the growing Islamic banking sector, has set up its international operations in Dubai Internet City to serve the growing Shariah-compliant banking
08/30/2020
New open-ended Sharia-compliant fund to attract $500 million +
08/30/2020
The issuance was priced at a spread of 185 basis points over the five-year mid swap carrying a fixed profit rate of 2.21 percent per annum.
08/23/2020
Contributing to the reduction of time needed to complete transactions related to Murabaha financing
08/23/2020
Full-year sovereign sukuk issuance expected to rise by more than 40% to $92 billion
08/23/2020
A fund sold by your bank is unlikely to be the best place to invest, so shop around for a better deal