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…
Islamic Finance
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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…
Conventional bank assets reach AED 2.26tr in UAE
The assets of UAE conventional banks stood at AED 2.268 trillion at the end of October 2018, accounting for 80…
Global Islamic financing requires competent leadership
The leadership of Islamic financial institutions has to show exceptional professional competence and integrity to convince their stakeholders that they…
KFH participates in World Islamic Banking Conference
Kuwait Finance House (KFH) participates as a platinum sponsor in the 25th Annual World Islamic Banking Conference WIBC themed “Islamic…
Path Solutions Named World’s Best Islamic Technology Provider For 11th Consecutive Year – The IT Firm Proves Unbeatable By International Competition
Path Solutions is delighted and proud to announce that it was selected ‘Best Islamic Technology Provider’ at IFN Service Providers…
Abu Dhabi Bank Settles $500 Million Bond on a Blockchain
Abu Dhabi-headquartered Al Hilal Bank has carried a blockchain-based transaction for an Islamic bond worth $500 million. The bank,…
Al Hilal Bank executes the world's first Blockchain Sukuk transaction
Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement…
UK bank Rosette launches Islamic capital markets unit
UK-based Rosette Merchant Bank an independent, privately-owned, sharia compliant financial services firm with close ties to Kuwait and the rest…