Nasdaq Dubai lists Sharjah’s $1 billion Sukuk
Nasdaq Dubai has announced the listing of Sharjah’s $1 billion Sukuk. The joint lead managers for the Sukuk listing…
Islamic Finance
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First Abu Dhabi Bank strongly denies report on merger with Abu Dhabi Islamic Bank
First Abu Dhabi Bank has strongly denied it is merging with Abu Dhabi Islamic Bank to create the biggest lender…
Abu Dhabi said to mull merger to create biggest MidEast bank
Abu Dhabi is considering combining Abu Dhabi Islamic Bank with First Abu Dhabi Bank to create the Middle East’s largest…
KFH notifies CPA of efforts to agree on ‘acquisition’ of AUB
The Kuwait Finance House has recently notified the Competition Protection Authority (CPA) of its efforts to agree on the acquisition…
Kuwait Finance House Bahrain Wins Prestigious Ava Digital Awards
Bahrain has emerged as the winner of two awards from the ‘AVA Digital Awards’. The bank was recognized in…
Alef Group Signs Agreement With Dubai Islamic Bank to Provide Murabaha Financing for Al Mamsha Project
Alef Group, a pioneering Sharjah-based real estate developer striving to provide premier lifestyle experiences, has signed an agreement with the…
EMEA Finance Magazine Europe Names KFH “Best Islamic Bank in Bahrain”
Kuwait Finance House Group received the “Best Islamic Bank in Bahrain” award by the internationally reputed EMEA Finance Magazine Europe,…
Sharjah developer signs finance deal with Dubai Islamic Bank
Alef Group, a Sharjah-based real estate developer, has signed an agreement with Dubai Islamic Bank to provide sharia-compliant funding for…
Islamic finance becoming a multi-faceted industry
Two separate news announcements last week have shed a brilliant light on the Islamic finance industry in Qatar. As…
Oman- Bank Nizwa plans to expand its branch network
Bank Nizwa CEO, Khalid al Kayed, said the bank currently operates 13 branches and soon another one will be opened,…
Qatar ‘Energy Bank’ is credit ‘positive’ for GCC, says Moody’s
Qatar’s proposed Shariah-principled Energy Bank is credit “positive” for Islamic finance in the Gulf Co-operation Council (GCC), according to Moody’s,…
Al Baraka Banking Group and three subsidiary Banking Units receive Global Finance Awards
The Bahrain based leading Islamic banking group Al Baraka Banking Group B.S.C. (ABG) and three of its subsidiary banking units…