Ahli United Bank opens its latest branch at Salmiya Boulevard
Ahli United Bank announced yesterday that it has opened its latest branch located at Salmiya Boulevard, Kuwait’s newest shopping and…
Islamic Finance
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Fintech platforms add Islamic finance capabilities
Canadian fintech company Goldmoney Inc has certified its gold based financial products as sharia compliant, the latest firm to combine…
Kuwait- KFH welcomes CBK's Sharia Supervisory Governance for banks – Regulations instill confidence in Islamic banking: Duwaishan
Kuwait Finance House (KFH) has welcomed the Central Bank of Kuwait (CBK)'s instructions and regulations regarding the role of Sharia…
Islamic finance an appealing option for international students
Islamic finance is attracting increasing numbers of executives from diverse backgrounds, according to a London Business School finance professor. …
Emirates Real Estate Fund secures $190m finance
Emirates Real Estate Fund (EREF) has agreed a $190.6 million (Dh700 million) Shari’a compliant finance facility with Emirates NBD, on…
QIB Profit grows by 10.3 per cent to reach QAR 2,155 Million in 2016
This marks a 10.3 per cent increase in profits year-over-year. Basic earnings per share reached QAR 8.55 compared to…
Biggest Saudi Real-Estate Developer Mulls Expansion, Sukuk Sale
Jabal Omar Development, Saudi Arabia’s biggest real-estate developer, is weighing plans to expand beyond its flagship projects in Mecca and…
Bahrain Bourse lists Islamic financial instruments worth BHD 201 million
Bahrain Bourse (BHB) in a recent announcement has listed four issues in the Treasury Bills Market worth a total of…
Masraf Al Rayan profit rises to QR2.08bn
Masraf Al Rayan, has delivered a net profit of QR2.08bn for the year ended December 31, 2016. The Board…
Bank Albilad 2016 profits up 2.45 per cent
Full year profits for 2016 were up 2.45 per cent at SAR 807.7 million. Earnings per share rose from SAR…
Emirates Islamic launches Cashback Plus Visa signature credit card
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has the launch of its Cashback Plus Visa…
UAE's ADIB issues capital-protected equity investment structured note
Abu Dhabi Islamic Bank, a leading financial institution, has launched its first Sharia compliant equity investment structured note of the…