NBK Capital acts as global coordinator for EQUATE Sukuk
Watani Investment Co K.S.C.C., NBK Capital acted as Global Coordinator and Joint Arranger in the establishment of Equate Sukuk SPC…
Islamic Finance
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Warba Bank inks deal with Al-Mulla Co
Warba Bank has announced that an agreement has been concluded with Al-Mulla International Financing Company by which the bank will…
Oman's Bank Nizwa appoints Khalid Al Kayed as new CEO
The Board of Directors of Bank Nizwa, Oman’s first Islamic Bank, announced the appointment of Khalid Al Kayed as its…
Bank Nizwa appoints Khalid Al Kayed as new CEO
Khalid Al Kayed has been appointed as Bank Nizwa’s new Chief Executive Officer. Al Kayed, in his new role…
Old rules, new opportunities
As the global Islamic finance market grows at an impressive pace, offshore financial centres are increasingly in demand to help…
Dubai expected to issue dollar bond this quarter- sources
The emirate of Dubai is expected to issue a U.S. dollar bond by the end of the first quarter, though…
Saudi's Al Rajhi Bank eyes corporate banking business growth
Al Rajhi Bank , Saudi Arabia's second-biggest bank by assets, aims to take advantage of opportunities arising from the country's…
Fitch: The outlook for Islamic banks
Fitch Ratings expects the profitability of Indonesia’s Islamic banks to remain sluggish due to strong competition from conventional peers, weak…
Al Rajhi Bank taps iGTB for digital transformation
iGTB, the Global Transaction Banking division of Intellect Design Arena Ltd, has signed a deal with Al Rajhi Bank, the…
Al Salam Bank-Bahrain reports 81 per cent jump in income for 2016
Earnings per share rose to 7.6 fils for 2016 from 5.8 fils a year earlier. The bank reported net…
Jordan Islamic Bank announces 2016 results
By the end of 2016, Jordan Islamic Bank a subsidiary of Al Baraka Banking Group achieved profits before tax in…
KFH partner of Kuwait Pharmaceutical Association awareness conference
Executive Manager Group Public Relations and Media at Kuwait Finance House, Yousef Abdullah Al-Ruwaieh affirmed the bank’s commitment towards optimally…