UAE Eager to Become World's Largest Islamic Fintech Hub
The UAE is the fourth-largest hub globally for Islamic fintech with a total of 12 startups operating in this space.…
Islamic Finance
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QIB receives six awards from Global Finance
Best Islamic Financial Institution in Qatar 2018 award Best Global Islamic Financial Institution for Large Corporate 2018 award Best Global…
KFH ‘Safest Islamic Bank in GCC 2018’: Global Finance Magazine
Kuwait Finance House Group (KFH) won three prestigious awards from Global Finance Magazine which are: the Safest Islamic Bank in…
Oman Arab Bank and Alizz Islamic merger ‘credit positive’, says Moody’s
The proposed merger between Oman Arab Bank and Alizz Islamic Bank – the latest in a wave of planned consolidations…
ICD appoints new CEO
The Board of Directors of the Islamic Corporation for the Development of the Private Sector (ICD) in its 91st Meeting…
Islamic Development Bank plans $1b infra funds focused on Asia, Africa
The Saudi-based Islamic Development Bank (IDB) plans to launch two funds focused on Africa and Asia next year, aiming to…
QIIB’s CEO honoured with GIFA Islamic Finance Award
QIIB chief executive officer Dr Abdulbasit Ahmad al-Shaibei was honoured with the ‘Most Outstanding Leader in Islamic Finance Award-2018’ in…
Fintech, a global boost for Islamic Finance?
Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products,…
Omani banks ink agreement for planned merger talks
Oman Arab Bank (OAB) inked a memorandum of understanding with Alizz Islamic Bank on the resumption of talks regarding a…
Al Hilal Bank receives Human Resources and Emiratisation Award from MoHRE
Al Hilal Bank was honored in a recent ceremony with an award from the UAE Ministry of Human Resources and…
Transparency in Islamic Banking
Some critics have accused the Islamic Banking industry of not being transparent in its activities. They charge the industry of…
Emirates Islamic strengthens commitment to Emiratisation
As part of the bank's strategy to boost nationalisation efforts, Emirates Islamic, one of the leading Islamic financial institutions in…