Oman: Assets of Islamic banks and windows up 11.7% to $18.7bln
The total assets of banks and Islamic windows combined increased by 11.7 percent to reach OMR7.2 billion at the end…
Islamic Finance
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Egypt, Islamic Development Bank cooperation portfolio reaches $20.72bn in various fields
Hala El-Said, the Minister of Planning and Economic Development and Egypt’s Governor at the Islamic Development Bank Group, met with…
Bank Nizwa participates in & supports the second family and value building symposium
Bank Nizwa, the leading and most trusted Islamic bank in the Sultanate of Oman, served as the Strategic Partner of…
Khaleeji Bank achieves prestigious “ISO 22301:2019” certification
Khaleeji Bank has announced that it recently obtained the prestigious “ISO 22301:2019” certification for Business Continuity Management from the International…
Bank Nizwa’s senior executives excel in prestigious Wharton University program
As the leading Islamic bank in the Sultanate of Oman, Bank Nizwa remains resolute in its commitment to the cultivation…
Faisal Islamic Bank’s standalone profits down 9.3% YoY in 2023
Faisal Islamic Bank of Egypt posted a 9.3% year-on-year (YoY) decline in standalone profit after tax in 2023, according to…
Egypt plans to issue bonds in local currencies of New Development Bank members
NDB member states include Bangladesh, Brazil, China, Egypt, India, Russia, South Africa, the United Arab Emirates, and Uruguay. Kazbekov…
Kuwait International Bank unveils KYC updates on mobile app
As part of the services offered through its mobile application, Kuwait International Bank has launched its “Update your KYC” service…
FAB issues the first Sukuk globally in 2024
Issuance marks the first Sukuk issued globally in 2024 and stands as the region's first offering for the year. First…
ADIB launches B2B marketplace to empower small and medium enterprises
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced the introduction of ADIB Business Souq, an innovative digital…
Moody's upgrades Bank Nizwa’s foreign currency rating and base credit assessment with stable outlook
In a significant development that lauds its strategic growth and resilience, Bank Nizwa, the Sultanate of Oman's leading Islamic bank,…
Bank Nizwa acts as issue manager for Sovereign Sukuk Series 7 issuance on behalf of the Govt. of the Sultanate of Oman
In a testament to its unwavering commitment to financial innovation and collaborative growth, Bank Nizwa, the Sultanate of Oman’s leading…