QIB recognized as World’s Best Islamic Retail Bank by The Asian Banker
Qatar Islamic Bank has been recognized as a leader in Islamic retail banking by The Asian Banker Global Excellence in…
Islamic Finance
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Bank of Sharjah acts as mandated lead arranger in a $800 million credit facility for Investcorp Capital
Investcorp Capital recently raised $800 million in a four-year syndicated revolving credit facility. The transaction garnered significant interest from the…
NBO Muzn Islamic Banking and Ministry of Awqaf simplify Haj Payment through digital innovation
In a dedicated effort to streamline and elevate banking services for its valued customers, NBO Muzn Islamic Banking has announced…
Dhofar Islamic introduces Ladies Account inspiring women’s financial independence
Dhofar Islamic has announced the launch of the Ladies Account, a dedicated financial proposition designed exclusively to empower women. The…
Gulf Islamic Investments acquires a licensed investment and asset management firm in the Kingdom of Saudi Arabia
The planned expansion of Gulf Islamic Investments (GII) across the Kingdom of Saudi Arabia has gained significant momentum with the…
KIB earns “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award from World Finance
World Finance has recognized Kuwait International Bank with the “Best Customer-Focused Islamic Banking Products and Services in Kuwait” award for…
Alinma Bank initiates sale of AT1 sukuk – document
Saudi-based Islamic lender Alinma Bank has given initial price guidance of around 7% for its additional Tier 1 sukuk non-callable…
Dubai Islamic Bank shareholders approve 45% dividend for 2023
Dubai Islamic Bank, the UAE's largest Islamic bank, has successfully concluded its Annual General Assembly (AGM) with the approval of…
Gulf International Bank reports record financial results
In the fourth quarter of 2023, the net income attributable to the Shareholders of the Bank was $17.6 million, compared…
Insights on Jersey’s Position in Islamic Wealth Management
Faizal Bhana, Director – Middle East, Africa and India at Jersey Finance was recently honoured to be selected to contribute…
Bahraini Islamic Finance industry well-developed
The Bahraini Islamic finance industry is well-developed, and Fitch Ratings expects continued growth in 2024–2025, driven by banking sector consolidations,…
$30mln financing boost for Egyptian SMEs: ICD, Banque Misr sign letter of intent
The Islamic Corporation for the Development of the Private Sector (ICD), a member of the Islamic Development Bank (IsDB) group,…