Qatar Looks East to Boost Islamic Finance
Islamic finance is “a significant growth area” for both the State of Qatar and the Qatar Financial Centre (QFC), according…
Islamic Finance
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Bank Nizwa Empowers Omani Talent With Key Senior Team Appointments
Driven by its plans to prepare the next generation of Islamic finance industry leaders, Bank Nizwa, has promoted two senior…
QIB selects Volante Technologies’ PSD2 Open Banking solution
Volante Technologies has announced that Qatar Islamic Bank UK plc (QIB) has selected VolPay Channel: Open Banking and Token to…
QFC chief underscores ‘significant growth areas’ in Islamic finance
Financial Centre (QFC), according to QFC CEO Yousuf Mohamed al-Jaida, who also cited potential partnerships with Muslim countries, particularly in…
Slowing GCC issuance stalls global sukuk market
The global sukuk market is going through a significant slowdown in issuance and the trend is likely to continue into…
Bahrain's Al Baraka launches Islamic digital bank in Germany
Albaraka Turk introduced the “insha” project to provide digital banking services in Europe, at an exclusive meeting in Germany amidst…
IDB’ $1.3bn sukuk listed on Nasdaq Dubai
Nasdaq Dubai has welcomed the listing of a $1.3 billion sukuk by Islamic Development Bank (IDB), which is now the…
Emirates Islamic launches mortgages for non-residents
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, Tuesday announced the launch of home-finance solutions to…
A Promising Outlook for Islamic Finance
With FinTech, regulatory reforms and standardisation as the key opportunities for growth in the sector, the Islamic Finance industry continues…
Saudi Arabia-based ICD extends Islamic financing to Uzbek banks
The Saudi Arabia-based Islamic Corporation for the Development of the Private Sector (ICD) has signed sharia-compliant financing agreements with six…
Global Finance names KFH the safest Islamic bank in GCC 2018
Global Finance Magazine has named Kuwait Finance House (KFH) the safest Islamic bank in the GCC for the year 2018. …
'Oman's Islamic banks see remarkable growth'
Tahir bin Salim Al Amri, Executive President of the Central Bank of Oman (CBO), affirmed that Islamic banks in the…