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…
Islamic Finance
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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…
Kuwait Finance House Q1 profit up 13.2 pct as investment income surges
Kuwait Finance House posted a 13 percent rise in first quarter profit from a year earlier, due to a surge…
Dubai's Sukuk issuances now highest in world at $53.31bln
Since Dubai first announced its intention to become the capital of the Islamic economy, much progress has been made. …
Global Islamic finance assets grew by 7% to reach $2.293trillion in 2016
Global Islamic Finance Report 2017, the oldest yearbook in Islamic banking and finance, was launched yesterday in Fairmont The Palm,…
ADIB net profit increases by 20 per cent in Q1 2017
The Abu Dhabi Islamic Bank (ADIB) Group has released its Q1 2017 results with net profit up 19.8 per cent…