Fintech on track to shape future of Islamic finance
The results of the inaugural World Islamic Fintech Awards, a new competition organised by industry platform IFN Fintech held in…
Islamic Finance
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QIB & QPAY officially launch first Islamic PoS and Online Payment Gateway in Qatar
Qatar Islamic Bank has officially launched the first Islamic Point of Sale & Online Payment Gateway solutions in collaboration with…
Deloitte issues call for common sukuk practices
A white paper published by Deloitte has called on the Islamic finance market to share their views on developing a…
Oman’s US$1.5bn sovereign sukuk offering
The Sultanate of Oman has sold US$1.5billion seven-year Sukuk certificates, its second foray into the international debt capital markets in…
BisB appoints the first Bahraini woman to head the Internal Shari’a Audit Function
In line with its strategic aim to invest in local talent and empower women in the banking industry, Bahrain Islamic…
Swiss cryptocurrency firm X8 obtains Islamic finance certification
Switzerland-based financial technology firm X8 AG has obtained certification from Islamic scholars for its digital currency, with plans to expand…
Abu Dhabi Islamic Bank gets approval to allow 25% foreign ownership
Abu Dhabi Islamic Bank, the UAE’s second-biggest bank complying with Muslim banking rules, said it obtained the Abu Dhabi Executive…
International Investment Bank Announces Successful Exit From Aircraft Investment, Achieving 18 Percent IRR
International Investment Bank, an Islamic wholesale investment bank based in the Kingdom of Bahrain, announced a successful exit from its…
Islamic Finance Gateway daily briefing
The Islamic Finance Gateway (IFG) Briefing, published from Sunday to Thursday, carries the latest market-moving news and data for institutions…
Kuwait Finance House expects board to decide on AUB merger before year-end -CEO
The board of Kuwait Finance House will likely decide on whether to go ahead with a merger with Bahrain’s Ahli…
Al Hilal Bank launches an initiative to provide Automated External Defibrillators
As part of Al Hilal Bank’s efforts to help in providing safety in the community and for its customers, the…
Hesitant policies are seen holding back Islamic finance growth in Egypt
The decision of Egypt’s newly appointed Finance Minister Mohamed Maait to issue the first-ever international sukuk in the country’s next…