Global sukuk issuances surge 44%
A total of $12 billion (Dh44 billion) worth of sukuk (Islamic bonds) was issued in March 2018, which brought global…
Islamic Finance
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Dubai Islamic Bank Receives Two Prestigious ISO Certifications
Two key departments of Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received ISO certifications, making it…
Islamic finance gets IMF backing
The Islamic banking industry is set to flourish further even in non-conventional markets as the International Monetary Fund (IMF) approved…
Dubai Bank raids Kenyan rivals for top management
Giant Gulf lender Dubai Islamic Bank’s local subsidiary, DIB Bank Kenya, has hired top executives from leading local rivals, taking…
Oman Arab Bank, Alizz Islamic explore merger
Oman Arab Bank, a unit of Ominvest and Alizz Islamic Bank are exploring a merger, the two banks said on…
QIIB set to open two more branches this year
Despite the ongoing blockade against Qatar, QIIB, one of Qatar’s leading Shariah-compliant lenders, is on an expansion spree. It…
Kuwait Finance House sets up $3 bln sukuk programme
Kuwait Finance House, the country’s second biggest lender by assets, has established a $3 billion Islamic bonds programme that would…
ABK, FAB and Noor Bank sign loan deal for Dubai Aerospace
Al Ahli Bank of Kuwait, First Abu Dhabi Bank and Noor Bank have announced the signing of a landmark financing…
Noor Bank’s $500m sukuk listed on Nasdaq Dubai
Nasdaq Dubai has listed a $500 million sukuk of Noor Bank, one of the leading Shari’a compliant banks in the…
Kuwait Finance House just launched a new service that’s going to make your lives a whole-lot easier!
Kuwait Finance House – Bahrain, one of the leading Islamic banks just launched its new online bank, Jazeel with the…
Key future opportunities for Islamic finance in focus
The steadily growing Islamic finance sector is at a development stage at which it is about time to define and…
Key future opportunities for Islamic finance in focus
The steadily growing Islamic finance sector is at a development stage at which it is about time to define and…