Islamic Finance

Islamic Finance

Emirates Islamic recognised as the ‘Most Innovative Islamic Bank in the UAE’ at Euromoney Islamic Finance Awards 2024

July 10, 2024

Emirates Islamic has been recognised by the prestigious Euromoney Islamic Finance Awards 2024, and was awarded ‘Most Innovative Islamic Bank…

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Islamic Finance

Pact signed to promote Islamic finance in Oman

July 10, 2024

In a strategic move to bolster Islamic financial investments and foster stronger ties between the financial and advisory sectors, the…

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Hedge Funds & Alternative Investments

UAE raises $1.8bln in bids for Q3 2024 Islamic bonds

July 4, 2024

The UAE has attracted AED 6.76 billion ($1.8 billion) in bids for its bonds under the Q3 2024 sukuk programme.…

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Islamic Finance

UAE’s ADIB facilitated Dhs5.6bn in sustainable finance in 2023

July 4, 2024

Abu Dhabi Islamic Bank  facilitated Dhs5.6bn (1.52bn) worth of sustainable projects in 2023, the banking group said in its ESG…

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Islamic Finance

Saudi Islamic banks positioned for robust growth amidst economic expansion: Fitch Ratings

June 27, 2024

Saudi Islamic banks are poised to maintain a robust performance this year and in 2025, buoyed by non-oil economic growth…

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FinTech

ADIB and DIFC forge fintech pact

June 20, 2024

Abu Dhabi Islamic Bank has announced a strategic collaboration with DIFC Innovation Hub, home to the first and largest financial…

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Islamic Finance

Khaleeji Bank launches summer campaign on credit cards with 100% cashback

June 6, 2024

Khaleeji Bank has announced a new campaign for its credit cardholders, offering them the chance to win 100% Cashback during…

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Islamic Finance

QCB issues treasury bills, Islamic sukuk worth QR4 billion

June 3, 2024

Qatar Central Bank issued Treasury bills and Islamic sukuk with maturities of 7 days, 28 days, 91 days, 182 days,…

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Islamic Finance

Saudi Arabia taps debt markets with three-part dollar sukuk sale

May 29, 2024

Saudi Arabia is looking to raise money through the sale of dollar-denominated sukuk to fund spending on Crown Prince Mohammed…

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Islamic Finance

Meethaq goes live on Temenos for retail and corporate core banking

May 29, 2024

Temenos has announced that Meethaq Islamic Bank, from Bank Muscat, has successfully implemented Temenos Core for Retail and Corporate banking. …

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Islamic Finance

BankDhofar Showcases cutting-edge banking solutions at COMEX 2024

May 28, 2024

BankDhofar and Dhofar Islamic are participating at the 33rd edition of COMEX 2024, the Sultanate of Oman's premier Technology, Communications,…

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Islamic Finance

Oman’s Meethaq Sukuk Company SPC repays $118mln sukuk

May 24, 2024

Oman’s Meethaq Sukuk Company SPC has repaid its OMR 45.6 million ($118 million) Meethaq Sukuk Series 2, which matured on…

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