Bank investments in monetary bills, Islamic CD hit $62bln by end of Q2-24: CBUAE
Banks’ investments in monetary bills and Islamic certificates of deposit (CD) reached AED226.9 billion at the end of the second…
Islamic Finance
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Oman’s Islamic banking assets surge 18%, reflecting broader GCC growth trends
The combined assets of Oman’s Islamic banks and windows reached around 7.8 billion Omani rials ($20.2 billion) by June, an…
QIB Wins Five Awards at The Asset Triple A Islamic Finance Awards
Qatar Islamic Bank has been recognized with five awards at The Asset Triple A Islamic Finance Awards 2024. The…
GCC Islamic banks to maintain strong profitability driven by economic growth
The profitability of Islamic banks in the Gulf Cooperation Council (GCC) is expected to remain strong over the next 12-18…
Network International partners with ruya to improve Islamic Banking
Network International, a provider of digital commerce solutions in the Middle East and Africa, has partnered with ruya, a UAE-based…
Bank Nizwa discusses key Islamic banking topics at Islamic Finance news Oman 2024 conference
As part of its ongoing commitment to enhance the growth of the Islamic banking sector, Bank Nizwa, the leading and…
BankDhofar launches innovative podcast series to promote financial literacy
BankDhofar is proud to announce the launch of a new podcast series in collaboration with Hala FM, marking a significant…
KFH Group completes the conversion of Ahli United Bank – Egypt to Sharia-compliant banking
Kuwait Finance House (KFH) Chairman, Hamad Abdulmohsen Al Marzouq has announced that KFH Group has successfully completed the conversion of…
Global Islamic Finance Summit 2024 – Shaping the future of Islamic Finance
Cambridge IFA is pleased to announce its annual Global Islamic Finance Summit (GIFS) to be held on September 17, 2024,…
International Islamic Banking Forum successfully concluded in Ethiopia
The 5th International Interest-Free Banking & Takaful Forum, organized by AlHuda Centre of Islamic Banking and Economics (CIBE), successfully took…
Khaleeji Bank participates in Youth City 2030, introducing innovative “Ajyal” account to youngsters
Khaleeji Bank Participates in Youth City 2030, Introducing Innovative “Ajyal” Account to Youngsters Manama, the Kingdom of Bahrain: Khaleeji Bank,…
Global ESG sukuk market shows strong growth in early 2024; Q3 slowdown expected: Fitch
The global environmental, social, and governance sukuk market saw significant growth in the first half of 2024 – rising 41…