Islamic finance set to extend growth faster than conventional finance
Islamic banking penetration in the Gulf Cooperation Council increased to 45 per cent of the total banking market, as of…
Islamic Finance
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Shariah compliant finance is now nearly half of GCC banking market: Moody's
In just a decade, Islamic banking has grown from less than a third of the GCC banking market to account…
Dubai Islamic Bank Shines Again With Twelve Distinctive Accolades at Islamic Finance News Awards
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, received twelve awards at the prestigious Islamic Finance News…
ABG, six units win top awards
The Bahrain based Al Baraka Banking Group announced that the Group and six of its units won Islamic Finance News…
KFH Wins Best Islamic Bank in Middle East, Kuwait 2017 Awards
The global EMEA Finance Magazine Europe, Middle East and Africa has awarded Kuwait Finance House (KFH) Best Islamic Bank in…
ADIB Securities launches trading on Tadawul
ADIB Securities, the brokerage subsidiary of Abu Dhabi Islamic Bank , can now provide access for GCC investors to trade…
Kuwait Finance House to split shareholding of Turkish asset manager
Kuwait Finance House (KFH) will divide the ownership structure of its Turkish asset management firm between local and Kuwaiti units,…
Sharjah issues USD 1 billion sukuks
The Emirate of Sharjah announced on Sunday issuing sukuks worth USD one billion with a 10-year maturity, in the first…
Dubai’s Emirates appoints banks for sukuk roadshow
Dubai airline Emirates has appointed banks to arrange a global investor roadshow for a potential sukuk issue. The airline…
Saudi crown prince seeks solution to $2.6bn Islamic tax row
Crown Prince Mohammed bin Salman has directed the Saudi government to resolve a dispute with banks facing higher Islamic tax…
QIB launches new mobile app; revamps IR section on website
Qatar Islamic Bank has launched an investor relations app for Android and iOS smartphones and has revamped its IR section…
Saudi Dar Al Arkan Real Estate hires banks ahead of 5-year dollar sukuk deal
Dar Al Arkan Real Estate Development Co has mandated banks to arrange fixed-income investor meetings from March 12 in Europe,…