‘Qatar has strong economic foundation to build on Islamic finance industry’
Qatar has strong economic foundation that helps support and enhances the investment trends in the Islamic finance industry, according to…
Islamic Finance
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Trakhees makes it easier for its customers by Integrating with Dubai Islamic Bank
Following the government trend in adopting smart technological transformations using advanced technologies to lessen the number of physical applicants and…
Sharjah Islamic Bank issues sukuk to raise $72.47mln
Income generated from the bank's dividends will be used for uplifting social activities in Sharjah Sharjah Islamic Bank has successfully…
‘Bitcoin is prohibited by Islam,' says Egyptian mufti
Egypt’s Grand Mufti Shawki Allam said in an official fatwa on Monday that trading with Bitcoin was "unlawful" according to…
Qatar plans central Shariah committee for Islamic banks
Qatar is planning to set up a central Shariah committee for Islamic banks to create consistency in Islamic finance, according…
Sovereigns dominate sukuk market in 2017, trend expected to continue in 2018
Ratings agency Moody's estimated in a report released on December 5 that total sukuk issuance for 2017 would be around…
Sharjah developer secures $270m funding for mega project
Sharjah developer ARADA on Thursday said it has secured a syndicated loan of AED1 billion ($270 million) from two major…
Stronger leadership guiding KFH Malaysia towards resurgence as leading Islamic bank
Simpler, better, faster. These three key words form the cornerstone of a strategy that is seen to propel Kuwait Finance…
SCA gives nod to Ithmaar for DFM listing
Ithmaar Holding said on Monday it has received approval from the UAE’s Securities and Commodities Authority (SCA) to list on…
Alizz Islamic Bank recently won the award for ‘Best Sukuk Deal 2017
Alizz Islamic Bank recently won the award for ‘Best Sukuk Deal 2017’ at the seventh Global Islamic Finance Awards 2017…
Turkey’s Islamic banks may need more capital to fund growth, says Fitch report
State-run Islamic banks in Turkey may need more capital support, according to a Fitch Ratings report. “Further capital injections…
QIB the first bank in Qatar to implement Face ID for mobile app
Qatar Islamic Bank, has introduced facial recognition capabilities, Face ID, in its iOS and Android Mobile App, making it the…