Alizz Islamic bank achieves better performance
Alizz Islamic Bank has announced its second quarter results for 2017. The growth of the numbers is in line…
Islamic Finance
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Al Baraka Banking Group net income Q2 2017 increases 19%
The Bahrain based leading Islamic banking multinational, Al Baraka Banking Group B.S.C, reported a significant improvement in its profitability indicators…
Islamic bank Ithmaar exploring sale of stake in Bahrain-based BBK
Bahrain's Ithmaar Holding is exploring the sale of its 25.4 percent stake in BBK BSC , which has operations in…
Abu Dhabi's Senaat asks proposals for dollar sukuk – sources
Abu Dhabi's Senaat, a state-owned investor in the emirate's industrial sector, has asked banks for proposals to arrange a U.S.…
Islamic Development Bank seeks proposals for dollar sukuk – sources
Saudi Arabia’s Islamic Development Bank (IDB) has asked banks for proposals to arrange a U.S. dollar-denominated sukuk, banking sources said…
Debt capital markets to bridge the funding gap
In the context of tightening liquidity and rising funding costs putting pressure on bank funding analysts expect a surge in…
Islamic Development Bank seeks proposals for dollar sukuk
Saudi Arabia’s Islamic Development Bank has asked banks for proposals to arrange a US dollar-denominated sukuk, banking sources said on…
Abu Dhabi Islamic Bank praises UAE Central Bank clampdown on mis-selling investments
Abu Dhabi Islamic Bank, the emirate’s largest Sharia-compliant lender, has hailed efforts by the central bank to clamp down on…
Abu Dhabi Islamic Bank praises UAE Central Bank clampdown on mis-selling investments
Abu Dhabi Islamic Bank, the emirate’s largest Sharia-compliant lender, has hailed efforts by the central bank to clamp down on…
Bahrain sends RFP for US dollar bond and sukuk issues
Bahrain has sent out a request for proposals to banks to arrange issues of US dollar-denominated conventional bonds and sukuk,…
Kuwait Finance House and Mastercard launch innovative Mobile Wallet Payment Service
Kuwait Finance House, the world’s leading Islamic financial institution and Mastercard, a leading technology company in the global payments industry,…
Meethaq to provide Islamic finance to OMPC
Oman-based Meethaq, the Islamic banking unit of Bank Muscat, recently signed an agreement to provide Islamic finance to the Oman…