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
08/23/2020
The issuance size of the sukuk program in August was set at 500 million riyals, the ministry said.
08/21/2020
The outlooks on most IDRs are stable
08/20/2020
The major three banks, which cover around 69% of the total banking sector assets, recorded a growth of 6.5% significantly higher than the banking sector average.
08/20/2020
New app is just the latest instalment in the ongoing rollout of the bank’s digital strategy
08/19/2020
They can increase the savings of people who refrain from keeping money on deposit in conventional banks, which consistently increases the number of domestic savings and the share of financial intermediation.
08/19/2020
Total operating income for H1 2020 improved by 10% to BD 50.2 million, up from BD 45.6 million in the same period of 2019.
08/19/2020
The major three banks, which cover around 69% of the total banking sector assets, recorded a growth of 6.5% significantly higher than the banking sector average.