Oman Shipping Co. negotiates $80mn financing facility
Oman Shipping Company, a member of the ASYAD Group, announced the negotiation of an $80 million Sharia-compliant 'Ijara' facility with…
Islamic Finance
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Emirates Islamic is enhancing the digital experience for UAE customers
Islamic finance has developed markedly in recent years. According to a study conducted by Thomson Reuters, more than 1,300 Sharia-compliant…
TDB sources oversubscribed term financing from Middle East banks
The Eastern and Southern African Trade and Development Bank has closed a US$450mn syndicated term loan facility, upsizing its debut…
Bankers Prefer CBI Fix Banking Reforms
Bankers prefer the Central Bank of Iran take charge of a long-awaited plan for reforming the outdated banking sector. The…
Ithmaar Bank announces key promotions
Ithmaar Bank, a Bahrain-based Islamic retail bank, has promoted key executives as the bank gears itself for additional growth and…
GFH wins investors' approval for $500m sukuk
Bahrain-based GFH Financial Group said it has won approval from shareholders to issue sukuks (Islamic bonds) worth $500 million in…
Ithmaar Bank announces key Bahrain promotions
Ithmaar Bank, a leading Bahrain-based Islamic retail bank, has announced several key promotions of senior executives as the bank gears…
Sukuks can be a sound defensive asset
Looking to 2020, the global sukuk market has become increasingly relevant as uncertainty in the financial markets persists. With…
CoinMENA appoints SRB for Islamic opportunities in digital assets
CoinMENA, the company based in Bahrain has announced its collaboration with the Shariyah Review Bureau for its digital asset platform.…
TDB signs $450mln Mideast-focused syndicated term financing
The Eastern and Southern African Trade and Development Bank has successfully closed a Multi-Tranche Syndicated Term Financing, conventional and Islamic,…
Emirates Islamic named ‘Best SME Bank’
Emirates Islamic was named ‘Best SME Bank’ at the Enterprise Agility Awards, presented by du, a leading telecom provider in…
KFHOnline total transactions exceed 10 million in one year
The total transactions completed by Kuwait Finance House’s customers through KFHonline on the website or the mobile app exceeded 100…