QIIB names first winners of promotion
Qatar International Islamic Bank has announced the names of the first winners of its ‘alternative channels’ promotion for the period…
Islamic Finance
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Blockchain and the Birth of a New Financial Instrument
The Emirates Islamic Bank's announcement last week that it was planning to integrate blockchain technology with paper checks may have…
Dubai Islamic Bank launches “DIB Express Transfer” an instant remittance solution to India
Its new service ‘DIB Express Transfer’ guarantees that funds can be wired to any ICICI bank account in India within…
QIB unveils fast track programmes for Qataris
Qatar Islamic Bank has launched two fast track career development programmes for Qatari fresh graduates. The programmes are supported…
Why Dana Gas declared its own sharia-compliant bonds unlawful
A decision by a Middle Eastern gas producer to declare its own sharia-compliant bonds unlawful has baffled investors in the…
Gulf Energy Maritime signs $75 million deal with Dubai Islamic Bank
The seven-year facility is the first deal between GEM and DIB, and it is part of a long-term relationship with…
Millennials key to future of islamic banking
Millennials are expected to play a crucial role in the evolution of Islamic finance and help expand its customer base…
Impact investing and Islamic finance
Impact investing, as defined by the Global Impact Investing Network, is the investment made into companies, organisations and funds with…
Meethaq signs financing agreement with Safe Alloys
Meethaq Islamic Bank at Bank Muscat has signed a financial agreement with Safe Alloys, a Sohar Free Zone company, which…
Saudi Arabia's Sedco Capital launches green investment strategy
Saudi Arabia'sSedco Capital said on Thursday it has launched an investment strategy combining environment-conscious and sharia-compliant principles, as Islamic financial…
Islamic bond market stunned by ‘unlawful’ sukuk claim
The market for Islamic bonds is in turmoil after Dana Gas of the UAE told investors that its $700m sukuk…
Tanfeeth appoints Maryam Bahlooq as CEO
Maryam Bahlooq was previously Acting Group Head, Human Resources and headed the HR Business Partnership unit at Emirates NBD. …