London Stock Exchange lists QIIB's $500mn sukuk
London Stock Exchange on Tuesday listed QIIB's $500mn sukuk, the first Qatari sukuk to be listed on the LSE. …
Islamic Finance
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Turkey expands Islamic banking sector, strives to become a regional hub
The Turkish government through its banking regulations and supervisory authority BDDK last week approved a new Islamic lender, Emlak Katilim…
Dubai Islamic Bank and DEWA sign agreement to provide preferential profit rates on DEWA Store for financing electric vehicles
Dubai Islamic Bank, has entered into a partnership with Dubai Electricity and Water Authority (DEWA) to offer exclusive auto finance…
Finastra to power core retail banking at Al Taif Islamic Bank
Al Taif Islamic Bank has chosen Fusion Islamic, Finastra’s core banking solution dedicated to the Islamic market, to kick start…
ADIB receives Best Islamic Bank in the Middle East
Abu Dhabi Islamic Bank, has received the award for ’Best Islamic Bank in the Middle east and Best Islamic Bank…
UAE- ADIB named Best Islamic Bank in the Middle East at EMEA Finance Middle East Banking Awards
The Abu Dhabi Islamic Bank was named "Best Islamic Bank in the Middle East" and "Best Islamic Bank in the…
Boubyan Bank successfully completes iMAL Islamic core banking platform upgrade
Path Solutions is pleased to announce that it has recently completed the successful upgrade of iMAL Islamic core banking platform…
World’s largest Islamic bank selects Temenos
Temenos, the banking software company, today announced that Al Rajhi Bank, Saudi Arabia’s second largest bank and the world’s largest…
Chairman of Kuwait International Bank joins
The International Islamic Financial Market has announced the appointment of Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International Bank, to…
Bahrain Islamic Bank Achieves a Net Profit of BHD 11.4 million for the Year 2018
Bahrain Islamic Bank reported that it has recorded a net profit of BHD 11.4 million for the year ended December…
Kuwaiti Islamic banks acquire 38% market share of banks’ assets
Kuwaiti Islamic banks had a market share accounting for 38% of total banking system assets by the end of the…
Abu Dhabi Islamic Bank appoints new CEO
Abu Dhabi Islamic Bank board of directors has appointed Mazin Khairy Shaker Manna as its new CEO, the bank announced…