Saudi Arabia’s ICD eyes blockchain tech for Islamic banks
The Islamic Corporation for the Development of the Private Sector (ICD) plans to introduce a blockchain-based product to help Islamic…
Islamic Finance
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Saudi Arabia's ICD to introduce blockchain-based Islamic banking solutions
The Saudi-based Islamic Corporation for the Development of the Private Sector has penned an agreement with a Tunis-based fintech company…
KFH offers new types of gold bullion starting from 10grams
Al-Mosalem: the new offerings are available in the branches along with -“KFH”- online Kuwait Finance House announced the launch…
Kuwait International Bank revamps property management services
As part of its efforts to continuously improve customer satisfaction, KIB revamped its property management services, now offering a full…
Islamic Finance Market Report Offers the Extensive Research of the Market and the Detailed Insights on the Competitiveness of the Players
A new report titled “Global Islamic Finance Market” for the forecast period of 2023. It also delivers an in-depth view,…
Dismal: Newbie lenders struggle as loss streak continues
New entrants into the banking sector are struggling to get a footing in the Kenyan market as they continue with…
The asset quality of GCC banks is quite sound: Al-Marzouq
Kuwait Finance House KFH’s Chairman Hamad Al-Marzouq said that the overall financial position of the GCC banks is positive with…
FinTech offers "huge" opportunity for Islamic banks to serve unbanked people
Bahrain is urging Islamic banks to embrace financial technology to grow their business by catering to unbanked populations as the…
Dubai Islamic Bank Kenya losses widen to Sh666m on higher costs
Dubai Islamic Bank Kenya has posted a Sh665.8 million loss in the first nine months of trading, being 18.6 per…
Kuwait Finance House Group Won Two Awards at the 25th Edition of the World Islamic Banking Conference
Kuwait Finance House announced that it has won two awards at the 25th edition of the Wold Islamic Banking Conference,…
Bahrain central bank considers new guidance for Islamic banks
Bahrain’s central bank is considering guidance covering Islamic windows, investment accounts and whether to develop a benchmark rate for use…
QIB introduces instant finance via mobile app
Qatar Islamic Bank has officially announced the launch of ‘Instant Financing’ – the fastest and simplest way to obtain personal…