QIB wins two awards at 7th New Age Banking Summit
Qatar Islamic Bank has won two awards from the ‘New Age Banking & Finance Awards 2018' as part of the…
Islamic Finance
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Meethaq Marks 5 Year Partnership in Development of Oman's Economy
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, highlighted its successful five-year journey contributing to the country’s…
Al Hilal Bank Successfully Closes Landmark $500 Million Sukuk
Al Hilal Bank PJSC, rated A2 by Moody's and A+ by Fitch has successfully closed a USD500 million 5-year Senior…
QIIB bags ‘Best Bank in Qatar Award in Liquidity’
QIIB has won the “Best Bank in Qatar Award in Liquidity” at the ‘New Age Banking Summit’, which was held…
Abu Dhabi Islamic Bank aims to boost lending after capital increase
Abu Dhabi Islamic Bank (ADIB) expects to increase lending in 2018 after boosting its capital, its acting chief executive said,…
ADIB raises $750 million in UAE’s first tier-one perpetual Sukuk
Abu Dhabi Islamic Bank (ADIB) has successfully raised $750 million of additional Tier 1 through a perpetual Sukuk that complies…
Islamic banks face outdated property rules: industry body
Regulators overseeing Islamic banking must revise guidance on real estate exposures to align with the post-financial crisis capital rules of…
Emirates NBD expands KSA branch network
Emirates NBD has expanded its presence in the Kingdom of Saudi Arabia (KSA) with the opening of its first branch…
Oman's islamic banking Assets jump
With a robust year-on-year growth of over 14 per cent, total Islamic banking assets in Oman surged to RO4.1bn as…
UAE Higher Sharia Authority held a consultation meeting with members of the Internal Sharia Control Committees
The Higher Sharia Authority (HSA) for financial and banking activities in the UAE held a Consultation meeting with the members…
Bahraini lender eyes piece of Kenya’s Islamic banking
Bahrain’s third largest Islamic bank Al Baraka Banking Group says it is mulling over expanding operations into Kenya as it…
Abu Dhabi Islamic Bank sets initial price guidance for perpetual sukuk
Abu Dhabi Islamic Bank, the largest sharia-compliant lender in Abu Dhabi, has given an initial price guidance in the region…