12/17/2018
Dubai Investments unit said to hire HSBC, Citigroup for sukuk
Sources say the sale of Islamic bonds by Dubai Investments Park Development could raise about $500m
Islamic Finance
12/13/2018
Malaysia's MIDF said to mull merger with Saudi's Al Rajhi
Sources say Malaysian Industrial Development Finance is seeking Saudi bank ties to become universal Islamic bank
12/12/2018
Saudi banks close to deal with authorities on Islamic tax: sources
The previous calculation by the General Authority of Zakat and Tax (GAZT) was based on 2.5 percent of a bank's equity, with adjustments.
12/12/2018
Liquidity squeeze hits sukuk sector
US interest rate rises and the end of the Federal Reserve’s quantitative easing program have lessened dollar availability
12/10/2018
Dubai Islamic Bank triumphs at Islamic Banking Business and Finance Awards 2018
The awards distinguish and endorse institutions and individuals who have played a key role in nurturing the growth and expansion of the Islamic financial sector around the globe.
12/10/2018
National Bank of Fujairah Awarded 'Best Islamic Window – UAE' at the Islamic Business and Finance Awards 2018
NBF highlighted once again its premier Islamic banking offerings in the UAE
12/10/2018
Dubai Islamic Bank Triumphs at Islamic Business and Finance Awards 2018
The awards distinguish and endorse institutions and individuals who have played a key role in nurturing the growth and expansion of the Islamic financial sector around the globe.
12/07/2018
Fitch forecasts ‘stable’ outlook for GCC Islamic banks in 2019
Government issuance and subsequent liquidity injections in the banking systems will continue to support solid liquidity in the region
12/06/2018
Saudi Arabia’s ICD Bank Announces Blockchain Powered Islamic Banking Solutions
ICD is a branch of Islamic Development Bank Group which claim that the product penned with IFTS is solely designed to attempt liquidity management issues.
12/05/2018
Kuwait International Bank revamps property management services
On his part, Head of the PMD at KIB, Yousef Al-Ajeel, said: "KIB always seeks to provide its customers with exceptional services across a myriad of areas.
12/04/2018
Islamic Finance Market Report Offers the Extensive Research of the Market and the Detailed Insights on the Competitiveness of the Players
Islamic finance refers to the means by which corporations in the Muslim world, including banks and other lending institutions, raise capital in accordance with Sharia, or Islamic law.
12/04/2018
Dismal: Newbie lenders struggle as loss streak continues
The sharia-compliant bank owned by the United Arab Emirates is barely two years old in the local market and has found it difficult to make its mark.
12/03/2018
The asset quality of GCC banks is quite sound: Al-Marzouq
The use of KFH e-channels has grown in recent years
11/28/2018
QIB introduces instant finance via mobile app
The service enables existing customers of the bank to get top up financing instantly, in a completely paperless and digital manner without the need to visit the branch.
11/28/2018
Conventional bank assets reach AED 2.26tr in UAE
There are currently 60 banks operating in the UAE
11/28/2018
Global Islamic financing requires competent leadership
Need to develop Sharia, accounting, prudential standards, market practices
11/27/2018
KFH participates in World Islamic Banking Conference
Islamic finance & sustainable economic growth in age of disruption
11/26/2018
Al Hilal Bank executes the world's first Blockchain Sukuk transaction
Blockchain was used to transact a secondary market deal in Al Hilal Bank's Senior Sukuk maturing in September 2023
11/22/2018
UK bank Rosette launches Islamic capital markets unit
This new division will have a particular focus on enabling UK public bodies access to the Islamic Capital Markets with a global reach.
11/22/2018
Bahrain Islamic Bank Awarded Global Business Outlook’s ‘Best Online Bank, Bahrain’
The award follows the Bank’s success in providing innovative digital banking solutions and advanced platforms for its customers.