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…
Islamic Finance
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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…
Islamic financial sector gets supervisory framework
Federal Law No 14 of 2018 regarding the Central Bank and Organization of Financial Institutions and Activities has brought in…
Bank Nizwa Offers Wealth Management Customers Exclusive Travel Experiences With Oman Air Holidays
Building on its status as the preferred Islamic bank in Oman, Bank Nizwa partnered with Oman Air Holidays to offer…
Islamic Development Bank to sell 500 million euro sukuk
The Jeddah-based Islamic Development Bank is selling euro-denominated sukuk expected to be 500 million euro (Dh2.08 billion; $567 million) in…
Islamic banks slow to adopt tech, start-ups drove innovation in Shariah-compliant finance in 2017: study
Shariah-compliant banks have been slow to adopt tech and start-ups drove "substantial" innovation in Islamic finance in 2017, according to…
Tabreed raises $500m with new 7-year sukuk
National Central Cooling Company has raised $500 million with a fixed rate senior unsecured US dollar denominated sukuk with a…