KIB awarded 'Fastest Growing Islamic Bank MENA' 2019
In recognition of its remarkable growth in the banking sector, Kuwait International Bank was awarded ‘Fastest Growing Islamic Bank MENA’…
Islamic Finance
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Sukuk market to continue expanding in 2020, S&P Global
S&P Global expects Sukuk market’s strong performance to continue in 2020 owing to robust global liquidity, a new fintech proposition…
Kuwait Finance House revamps its KFH Jazeel banking app
Kuwait Finance House, the Islamic bank in Bahrain, has revamped its mobile application KFH Jazeel Banking to enhance the integrated…
Boubyan & Al-Hisba Ink Strategic Real Estate Market Analysis Agreement
Boubyan Bank had recently signed a strategic agreement with Al-Hisba Real Estate Company “Al-Hisba” whereby the bank provides special services…
Alizz Islamic Bank recently Wins ‘Best Premium Credit Card’ at The Signature Luxury 100 awards
In recognition of its commitment to being the market leader in providing the finest shari’a compliant products, Alizz Islamic Bank…
Noor Bank’s board reconstituted
Noor Bank’s board of directors was reconstituted on Wednesday as part of Dubai Islamic Bank’s acquisition of the bank. …
Bahrain's sovereign wealth fund Mumtalakat hires banks for dollar sukuk
Bahrain’s sovereign wealth fund Mumtalakat has hired banks to arrange fixed income investor meetings ahead of a potential issue of…
AAOIFI grants compatibility of compliance certificate to iMAL Islamic financial software of Path Solutions
The Accounting and Auditing Organization for Islamic Financial Institutions carried out a rigorous process of testing the compliance of iMAL…
Kuwait Finance House-Bahrain honours "Fursan Baytik" employees for Q3 2019
Kuwait Finance House–Bahrain, recently honoured another batch of employees under the ‘Fursan Baytik’ Employee Recognition programme in acknowledgement of their…
Al Salam Bank-Bahrain opens new Riffa branch in Al Raya Mall
Al Salam Bank-Bahrain officially opened its newest branch at Al Raya Mall in Riffa in the presence of the Executive…
Noor Bank reshuffles board ahead of merger with DIB
UAE’s Dubai Islamic Bank is progressing with the acquisition of Noor Bank whose board of directors has been reconstituted to…
Dubai's Amlak Finance achieves 95% approval on debt restructuring
Amlak Finance, a Dubai-based Islamic mortgage provider, announced that it has achieved 95 percent approval on its debt restructuring terms.…