Dubai firm launches world's first gold backed digital currency
OneGram, an Islamic financial services and technology company, is partnering with GoldGuard, which is building one of world’s largest gold…
Islamic Finance
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Bank Nizwa boosts business planning and budgeting efficiency with SAP EPM solution
Nizwa Bank, based in Muscat, Oman, specialises in Islamic banking and uses SAP BPC to deliver fast, accurate planning, budgeting…
Barwa Bank launches ‘charity’ credit card
Barwa Bank, in association with Qatar Charity, yesterday launched a new credit card as part of its corporate social responsibility…
Meethaq signs Imprints CSR agreements on energy conservation, financial literacy
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, as part of its commitment to social responsibility and…
ICD, Tamkeen, Ibdar unveil $100m Bahrain SME fund
The Islamic Corporation for the Development of the Private Sector, the private sector arm of IDB Group, in partnership with…
SunTrust Bank Nigeria and the Islamic Corporation for the Development of the Private Sector (ICD) ink agreement
The Islamic Corporation for the Development of the Private Sector (ICD), the private arm of Islamic Development Bank Group (IDBG),…
$100 million Bahrain SME fund launched
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of IDB Group, in partnership…
Amlak in core banking software overhaul with Temenos and NDC
Saudi Arabia’s Islamic lender Amlak International has chosen Temenos’ T24 core banking system for a tech revamp. The implementation…
Big growth potential in global Islamic banking market: QFC Authority
The size of the Shariah-compliant banking and financial market, which has grown to nearly $2 trillion, has great untapped growth…
Saudis pick Dublin for record Islamic Finance bond deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock Exchange yesterday, cementing Dublin's…
QFB reports QR121.5mn revenues in Q1
Qatar First Bank, the country's leading Shariah-compliant lender, has reported revenues of QR121.5mn in the first three months of this…
Big growth potential in global Islamic banking market: QFC Authority
The size of the Shariah-compliant banking and financial market, which has grown to nearly $2 trillion, has great untapped growth…