Qatar Islamic Bank signs an agreement with Qatar Red Crescent Society
Qatar Islamic Bank and Qatar Red Crescent Society signed a cooperation agreement to cement ties between the two organizations. The…
Islamic Finance
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Arcapita appoints scholar to its Shari'ah Supervisory Board
Arcapita has appointed prominent academic and industry professional Sheikh Dr. Yousuf Abdullah Al Shubaily as a member of its Shari’ah…
Bank ABC Islamic announces 16.8% increase in first quarter net profit
Bank ABC Islamic has announced its results for the first quarter of 2019: Business Performance Net profit for…
Bank Nizwa appoints new Chief Financial Officer and Head of Compliance
As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic…
Some gaps still need filling up in Islamic finance
Over the decades, the Islamic finance industry has seen significant growth and is now estimated to have crossed $2 trillion…
High Growth in Takaful Market 2019-2025
The global takaful market reached US$ 20 Billion in 2019. The market is further projected to exceed US$ 45 Billion…
Qatar Islamic banks' total assets rise 1.77% in 9 months in 2018: OBG
The total assets of Qatar’s four Islamic banks rose by 1.77%, while their financing assets climbed by 3.81% in the…
Islamic wealth management holds plenty of opportunities
Islamic wealth management has been under the radar in the Islamic finance industry for quite some time, even though the…
Best Islamic Financial Institutions In The World 2019: Coming Into Their Own
Growth in assets and net profits across most markets in which they have significant client base made 2018 a pretty…
Iranian central bank is working on blockchain for independent financial system
Iran is looking towards blockchain technology with interest and is striving to take maximum benefit from this segment and financial…
GCC Islamic banks will likely stay resilient in 2019-2020
Like their conventional peers, Islamic banks in Gulf Cooperation Council countries have seen growth slow in recent years. Some…
Federal Court’s landmark ruling puts Islamic banks at ease
ISLAMIC banks watched with bated breath as the Federal Court made a decision two weeks ago that could have had…