Qatar International Islamic Bank appoints banks for dollar sukuk
Qatar International Islamic Bank, Qatar’s third largest listed Islamic bank by assets, has appointed banks ahead of a potential U.S.…
Islamic Finance
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Islamic Development Bank launches Innovation Forum to empower youth
Cultural barriers, lack of adequate investment in research and development and a low rate of graduates in scientific fields are…
Emirates Islamic announces Q1 results
Emirates Islamic announced increased profit rates of up to 2.25 per cent on its Investment Term Deposits, up by 25…
Saudi Arabia to Raise $9 Billion via Sukuk
Fitch Ratings Global Head of Islamic Finance Bashar Al Natoor weighs in on Saudi Arabia's issuance. He speaks on…
New IDBG, UNDP report identifies steps to leverage Islamic finance for impact investing
The Islamic Development Bank, IDB, Group and the United Nations Development Programme, UNDP, has launched a new report that spells…
Qatar First Bank announces key appointments
Qatar First Bank has announced several key appointments in the senior management level in the institution. The selections come…
New Shariah standards for Islamic financing, banking launched in Dubai
A set of new Shariah standards for Islamic banking and financing have been launched by the Accounting and Auditing Organisation…
Winners revealed! Banker Middle East Industry Awards 2017
In a remarkable triple, Al Rajhi was also named the Best Bank in Saudi Arabia, as well as being the…
Islamic banks’ growth in Saudi Arabia to continue
S&P Global Ratings forecast oil prices will stabilize at $50 per barrel in 2017 and 2018, with unweighted average GDP…
Bank Muscat’s Meethaq Islamic finance receivables increase to OMR902m
Bank Muscat’s Meethaq Islamic financing receivables rose to OMR902 million, as of March 31, 2017, compared with the OMR665 million…
Bank ABC Group profit up 22pc to $50m
Bank ABC announced that its consolidated group net profit attributable to the shareholders of the parent for the first quarter…
Saudi-based IDB to provide $453 mln of funding across region
The Islamic Development Bank has agreed $453.3 million in financing deals across the Middle East and Africa, including $200 million…