Merger momentum for Islamic banks to continue in 2020
Mergers and acquisitions (M&A) in Islamic banks in the GCC are expected to continue in 2020 as Sharia-compliant lenders look…
Islamic Finance
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QIB enhances its corporate Internet banking capabilities
As part of its strategy to continuously enhance its digital platforms, Qatar Islamic Bank has recently updated its Corporate Internet…
Egypt to issue first corporate sukuk within weeks – official
Egypt will issue its first corporate sukuk, or Islamic bonds, within weeks, a Financial Regulatory Authority official said on Tuesday.…
Deyaar and Dubai Islamic Bank to Provide Attractive Home Financing Solutions
Deyaar Development PJSC, one of Dubai’s leading property developers and real estate service providers, has partnered with Dubai Islamic Bank,…
World Islamic Banking Conference opens in Bahrain
The 26th anniversary edition of The World Islamic Banking Conference, the largest and most prestigious gathering of Islamic banking and…
Ithmaar Bank named Fastest Growing Islamic Fintech Bank
Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic retail bank, was named Fastest Growing Islamic Fintech Bank at the World Islamic…
Kuwait's Boubyan says in talks to buy UK-based Islamic lender
Kuwait-based Boubyan Bank has announced it is in advanced talks to buy UK-based Islamic lender Bank of London and the…
Dubai Islamic Bank closes second foray into global capital markets
Dubai Islamic Bank has successfully closed a $750 million five-year sukuk, its second foray into the international capital markets in…
Why more non-Muslims are opting for Islamic banking in UAE
Islamic banking continues to maintain its appeal not just among the Muslim residents but also among the non-Muslims in the…
Islamic Development Bank set to raise $1.10bln in euro green sukuk
Jeddah-based Islamic Development Bank is set to raise 1 billion euro ($1.10 billion) through five-year "green" sukuk, or Islamic bonds,…
ICD, AAB sign $10m deal to support SMEs in Uzbekistan
The Islamic Corporation for the Development of the Private Sector signed with Asia Alliance Bank a $10 million Line of…
Top Islamic finance institutions vie for WIBC awards
Top performing Islamic Financial Institutions from the Middle East, Asia, Europe and Africa are vying for the WIBC Leaderboard Awards…