Al-Arabiya Islamic Bank selects ICFS platform
ICS Financial Systems Limited, the global software and services provider for banks and financial institutions, announced that Al-Arabiya Islamic Bank,…
Islamic Finance
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GCC VAT a test for Islamic Finance
The plan to introduce Value Added Tax in Gulf Cooperation Council member states could be a key test for the…
Dubai International Financial Centre joins the 12th annual World Takaful Conference
The Conference will be held under the theme of “Stability, Authenticity & Technological Transformation”, and will build on its long…
KIB Chairman named Islamic Banking Chairman of the Year
World Finance, the premier London-based global banking and finance journal, has named Sheikh Mohammed Jarrah Al-Sabah, Chairman of Kuwait International…
Dubai launches new drive to become world's capital of Islamic economy
Dubai on Tuesday launched an updated strategy for 2017-2021 to establish the emirate as the capital of the Islamic economy.…
A.M. Best affirms Qatar Islamic Insurance Company’s ratings
The ratings reflect QIIC’s track record of excellent operating performance, adequate combined risk-adjusted capitalisation (considering both shareholders’ and policyholders’ funds),…
Warba Bank posts KD 2.5 mln in '16 net profits
Warba Bank posted on Saturday net profits worth KD 2.5 million during the year of 2016, marking a rise of…
Gulf Finance House 2016 net profit jumps nearly 20 folds
Gulf Finance House on Sunday posted a solid set of fourth quarter and 2016 results, with net profit jumping to…
KFH’s economic, social contributions win praise – Capital Governor inaugurates Al-Yarmouk branch
Governor of the Capital Governorate retired Lieutenant General Thabet Al-Muhanna praised the economic and social contributions of Kuwait Finance House…
Dubai International Financial Centre Joins World’s Most Influential Global Takaful Forum
The 12th annual World Takaful Conference will be convened by leading financial intelligence platform, Middle East Global Advisors, in strategic…
Challenges to maintain leading growth in Islamic banking
Islamic banking continues to broaden its reach and is able to compete effectively with conventional banks, supported by an increasing…
IDB voices concern over changes in Islami Bank
Saudi Arabia-based Islamic Development Bank has expressed its concern over the massive reshuffle in the country’s largest private bank, Islami…