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…
Islamic Finance
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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…
Global Finance names Boubyan bank as the best Islamic Digital Bank globally
Boubyan Bank added a new achievement to its global awards by receiving the Best Islamic Digital Bank Award, globally, for…
UAE banking giant FAB rebrands Islamic arm
First Abu Dhabi Bank (FAB), the UAE’s largest bank, has announced that it is launching a new brand for its…
Bahrain Islamic Bank (BisB) Achieves 6.9 Million Dinars in 9 months
Bahrain Islamic Bank has announced a net profit of BHD 6.9 million during the nine months ending this year, after…
First Abu Dhabi Bank launches new brand for Islamic business
First Abu Dhabi Bank, FAB, today announced that it is launching a new FAB Islamic logo inspired by the FAB…
Global Finance names Boubyan Bank as Best Islamic Digital Bank globally For the Fourth Year in A row
Boubyan Bank added a new achievement to its global awards by receiving the Best Islamic Digital Bank Award, globally, for…
IDB to sell $567m Sukuk
The Islamic Development Bank is selling euro-denominated Sukuk, which is expected to be EUR 500 million ($567 million) in size,…
Temenos further strengthens relationship with Arab Bank for Investment and Foreign Trade (Al Masraf)
The Temenos Learning Community Engine will offer Arab Bank for Investment and Foreign Trade (Al Masraf) a one-stop-shop to accelerate…
KFH launches KFH Xpress for instant cross-border money transfer
Kuwait Finance House has launched “KFH Xpress” service for instant cross-border money transfer directly from the customer’s bank account. This…
Top Islamic banks vying for performance awards
Top performing Islamic financial institutions from Bahrain, Egypt, Indonesia, Jordan, Kuwait, Malaysia, Oman, Pakistan, Turkey, the UAE and Saudi Arabia…