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…
Islamic Finance
6037 articles found
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…
Bank Nizwa net profit surges 97 per cent in third quarter
As the first and leading fully-fledged Islamic bank in Oman, Bank Nizwa announced its 2018 third quarter financial results registering…
Emirates Islamic Q3 net profit up 32pc to $197m
Emirates Islamic, a leading Islamic financial institutions in the UAE, has posted a net profit of Dh657 million ($197 million)…
Citibank honours QIIB with ‘Excellence in Straight Through Processing’ award
Citibank New York has chosen QIIB for ‘Excellence in Straight Through Processing (STP) Award’ which was handed over at a…
UAE leads Islamic economy
The UAE ranks top globally across five Islamic economy sectors, according to a report that forecasts Islamic finance assets would…
Kuwait Finance House- Bahrain launches community based banking services
As part of its efforts to innovate and invest in the field of FinTech and the promotion of digital banking…
Islamic banking on the rise in UAE, says study
Islamic banks are outperforming their conventional peers in customer acquisition with 55 per cent of the UAE consumers now having…
Emirates Islamic Bank announces winner of Dh1m
Emirates Islamic bank announced this week the lucky winner of its monthly Kunooz Savings Account draw. Hanim Mustafa Mohamed,…