ADIB UK provides Dh120m acquisition funding
Abu Dhabi Islamic Bank UK, has provided financing for The Bank of London and the Middle East to acquire a…
Islamic Finance
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Hassan Jarrar Named Best Banking CEO
Hassan Jarrar has been named the ‘Best Banking CEO - Bahrain’ by International Finance Magazine. This award recognises Hassan…
Kuwait Financial House Bahrain Launching Its Open Banking Infrastructure
Bahrain has recently announced going live with its advanced Open Banking infrastructure, which will allow it to partner with innovative…
BisB's fastest customer gets loan in 1 min 44 sec
Bahrain Islamic Bank (BisB), a leading provider of integrated Sharia compliant financial solutions in Bahrain, recently honoured Manal Abdulla, the…
Bidaya Finance wins four digital banking awards
Bidaya Home Finance, an Islamic home finance company in Saudi Arabia, has won four prestigious awards in Global Finance magazine’s…
GCC Islamic banks headed for more M&A deals
Mergers and acquisitions among Islamic banks across the GCC region are expected to pick up pace to boost their competitive…
KFH-Bahrain in consumer financing deal for Golden Gate
Kuwait Finance House, a leading Islamic bank in Bahrain, is collaborating with Golden Gate to provide off-plan consumer financing for…
Qatar’s Islamic finance sector to get central regulation; profitability remains high
The Islamic finance sector in Qatar is moving towards a higher level: Efforts are underway to standardise and centralise the…
CIS is the next frontier for Islamic banking expansion: Moody’s
Islamic banking will grow substantially in Commonwealth of Independent States countries in the next five years from a very low…
UAE's The First Group eyes expansion after $135m sukuk deal
Shuaa Capital on Thursday announced the issuance and placement of a $135 million dollar-denominated five-year sukuk for The First Group…
Bank of Sharjah to Plan Dollar Bond Sale to Repay Debt
Bank of Sharjah PJSC plans to issue dollar-denominated bonds later this year to help the United Arab Emirates lender repay…
A continuous battle for Islamic banks in the UAE
Growth in financing amongst Islamic banks in the UAE continued to fall in 2018, in line with trends of its…