Ithmaar Bank launches its new state-of-art e-banking service
As part of its digital transformation strategy, Ithmaar Bank, a Bahrain-based Islamic retail Bank, launched its new state-of-the-art eBanking service…
Islamic Finance
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SHUAA Capital appoints CEO of Gulf Finance Saudi Arabia
SHUAA Capital p.s.c., the United Arab Emirates-based integrated financial services Group, today announced the appointment of Atif AlOthri as Chief…
KFH signs coop agreement with Agrivage startup
Kuwait Finance House (KFH), has signed a cooperation agreement with ‘Agrivage’; a startup business created by a group of Kuwaiti…
KFH-Bahrain launches Jazeel, the digital platform with a new banking experience
Kuwait Finance House–Bahrain has announced the launch of its brand new product, ‘Jazeel’. ‘Jazeel’ is a digital account opening and…
Dubai Islamic Economy Development Centre: Islamic Economy Contributes 8% of Dubai’s GDP
His Excellency Sultan bin Saeed Al Mansouri, UAE Minister of Economy and Chairman of Dubai Islamic Economy Development Centre (DIEDC),…
The Ithmaar Holding reported a net profit of US$4.81 million for the three-month period ended 31 March 2018
Ithmaar Holding, a Bahrain-based financial institution, and its wholly-owned subsidiary, Ithmaar Bank, a Bahrain-based Islamic retail bank, each announced their…
VEB and The Islamic Development Bank Group to Establish a Partnership Fund Amounting up to $100 mln
VEB and The Islamic Development Bank Group will establish a Partnership Fund, said Sergei Gorkov, Vnesheconombank's Chairman at the International…
ITFC Extends Further its Partnership with Banque Centrale Populaire
Under the umbrella of the Arab Africa Trade Bridges Program, the International Islamic Trade Finance Corporation extended its partnership further…
Bank of London and the Middle East opens in DIFC
The Bank of London and the Middle East a leading provider of Islamic finance in Europe has announced the opening…
Al Baraka Islamic Bank signs co-operation agreements with ICIEC
Al Baraka Islamic Bank has signed two co-operation agreements with the Islamic Corporation for the Insurance of Investment and Export…
Sharjah Islamic Bank lists $500mln Sukuk on Nasdaq Dubai
Nasdaq Dubai today welcomed the listing of US$500 million Sukuk by the Sharjah Islamic Bank, SIB. The listing supports…
Al Baraka Banking Group's Q1 net income up 11pc
Al Baraka Banking Group has reported a 11 per cent growth in its net income for the first quarter which…