KFH reaps 28 renowned international awards in 2017
Kuwait Finance House continued its outstanding performance in all indicators and bagged 28 renowned international awards in 2017 at the…
Islamic Finance
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Noor Bank Wins Two Accolades at the Service Olympian Awards 2017 in Dubai
Noor Bank has won the Best Social Media Customer Experience award and the runner-up title in the Best Benchmarking Index:…
Saudi developer plans debut sukuk for social housing
Saudi developer Salman Abdullah Bin Saedan Real Estate Group is planning a debut issuance of Islamic bonds in the coming…
Dubai's Al Ahli secures $340m financing to expand mall
Al Ahli Holding Group, a major UAE conglomerate, has secured an Islamic club financing facility worth Dh1.25 billion ($340 million)…
Chief executive of Saudi-based ICD departs
The chief executive of the Islamic Corporation for the Development of the Private Sector has stepped down after a decade…
Bank ABC 2017 net profit up 6pc to $193m
Bahrain-based Bank ABC (Arab Banking Corporation) has posted consolidated net profit of $193 million for the year 2017 as against…
Islamic banking in Egypt increases 16 % in 2017: official
The market share of Islamic finances in Egypt climbed 16 percent by the end of 2017 recording 240 million Egyptian…
Bahrain Islamic Bank posts BD 10.1 million net profit
Bahrain Islamic Bank announced strong financial results that have positively impacted all the Bank's operations. The Bank recorded a…
UAE leads Arab markets in Islamic fintech
Published in light of the UAE’s Innovation Month, the analysis finds that tailored regulation and clarity on rules could aid…
Saudi exchange ‘aims to dominate Arabian Gulf markets’
The Saudi stock exchange, or Tadawul, aims to become the dominant market in the Arabian Gulf with further moves to…
Dubai Islamic Bank to begin branchless banking by June
Dubai Islamic Bank Pakistan, the wholly owned subsidiary of UAE-based first Sharia-compliant financial institution across the world, announced on Thursday…
Al Rajhi Bank: Looking to the future
What are your views on the Al Rajhi Bank’s performance in the last 12 months? Well I think the…