Al Baraka Islamic Bank’s ratings affirmed with a ‘stable’ outlook
The rating is supported by AIB’s strong ownership, comfortable liquidity arising from customer deposit funding, and improvements in the capital…
Islamic Finance
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Turkey's Banking Regulation and Supervision Agency BRSA" officially an Institutional Member of AAOIFI
In view of the important role of the Republic of Turkey in the global Islamic finance industry as well as…
Pre-selection process for Bank Asya sale extended for Saudi bank
The Savings Deposit Insurance Fund's decision to extend the deadline for the submission of the required documents for the preliminary…
Emirates Islamic announces Ramadan initiatives
The initiatives include: Collaboration with the transportation company, ‘Careem’, to provide free rides to the mosque Partnership with…
KFH fully adheres to CBK’s security standards on cheques
In line with the security standards and in compliance with the Central Bank of Kuwait CBK’s regulations and guidelines. …
Ithmaar Bank continuously backs WIBC
ITHMAAR Bank, a Bahrain-based Islamic retail bank, announced Tuesday its support for a major international Islamic banking conference that will…
Arabian Shield boosts success with Sharia Compliance Management
Arabian Shield has assigned Shariyah Review Bureau to ensure that it meets its Shari’a compliance requirements of setting up the…
Meydan Group inks AED1bn Islamic fundraising deal
Dubai real estate developer Meydan Group has raised AED1 billion ($270 million) in Islamic financing from UAE banks, it announced…
QIB named ‘Islamic Bank of the Year
Qatar Islamic Bank has been named “Islamic Bank of the Year” in the Middle East for the second year in…
AAOIFI, UAE's SCA sign cooperation agreement
In an official visit to the United Arab Emirates, the Accounting and Auditing Organization for Islamic Financial Institutions has inked…
Emirates Islamic ‘fastest growing bank in UAE’
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has been named the Fastest Growing Bank –…
QIB offers special Ramadan auto financing deals
Qatar Islamic Bank, Qatar’s leading Shariah-compliant lender, has once again partnered with major leading automotive dealers across Qatar to offer…