09/26/2018
A Promising Outlook for Islamic Finance
The global rating agency has been guiding the development of the financial sector with its data, analytics and benchmarking since 1860
09/26/2018
The financing lines from the ICD, the private-sector arm of the Islamic Development Bank Group, are modest in size but would help local banks offer Islamic financial products of their own.
09/26/2018
Recognition reiterates KFH’s robust position as a leading Islamic bank
09/24/2018
The deposits with the Islamic banking sector also increased from OMR2.385 billion in March 2017 to OMR3.158 billion at the end of March 2018, a growth of 32.4 per cent.
09/21/2018
QIB Group Chief Risk officer Rakesh Sanghvi participated as a panellist and shared his expertise and knowledge on the banking industry and the evolving financial ecosystem in the digital age.
09/21/2018
Meethaq maintains the leadership position in the Islamic banking industry in Oman
09/20/2018
The management team, led by CEO, Alex Coelho, met with over 90 institutional investors in London, Hong Kong, Singapore, Kuala Lumpur, Kuwait, Abu Dhabi and Dubai prior to placing the Sukuk.
09/20/2018
Al-Jamal pointed out that in the past few years, QIIB made continual leaps in most of its budget items and has achieved stable growth rates.
09/19/2018
Sharia-compliant lender is studying another capital increase in 2019, acting CEO Al Shamsi says
09/16/2018
The Sukuk is compliant with Basel III regulatory framework issued by the Central Bank of the UAE.
09/16/2018
Treatment of real estate across Islamic finance jurisdictions still reflected Basel II or pre-reform Basel III rules
09/16/2018
Islamic banks and windows provided total financing of RO3.32bn till the end of June 2018 compared to RO2.75bn a year ago, registering a growth of more than 20 per cent.
09/16/2018
Consultation meeting to exchange views on various issues that concern Sharia compliance and Sharia governance.
09/13/2018
The lender will be following in the footsteps of fellow Middle Eastern banker, Dubai Islamic Bank.
09/12/2018
Abu Dhabi Islamic Bank sets initial price guidance for perpetual sukuk
Abu Dhabi Islamic Bank, HSBC and JPMorgan are coordinating the deal.
09/11/2018
Burgan Bank can take advantage of new business opportunities with capital increase
Last Tuesday, Kuwait's Burgan Bank K.P.S.C. provided details on a capital increase after receiving approvals from the Central Bank of Kuwait and the local Capital Markets Authority.
09/10/2018
The Framework Agreement Initially signed on 30th January 2018
09/09/2018
Amidst International Finance Magazine International Award Winners
09/05/2018
The share capital increase will be allocated to the bank’s shareholders each pro rata shareholding percentage.
09/05/2018
The GCC also dragged down total global issuance which fell by 12 percent to reach $55 billion in the first six months of the year.