Fintech set to become game changer for Islamic finance
Fintech, or financial technology with its potential to disrupt traditional structures in the financial industry, is seen as an important…
Islamic Finance
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UAE lender ADIB says Q4 profit up 16.6 pct, raises dividend
Abu Dhabi Islamic Bank on Sunday posted a 16.6 percent rise in fourth-quarter net profit, and marginally increased its dividend…
American CEO Wins Islamic Finance Contest at Ethica
Few CEOs of American banks enter the fray when it comes to tests of financial acumen. Even fewer manage…
Meethaq extends home finance for project in Qurm
Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, and Badr Group signed a memorandum of understanding to…
Sharjah Islamic Banks Attracts National Talents
Sharjah—Sharjah Islamic Bank continues its participation in the 18th National Career Exhibition which is being held at the Expo Centre…
$350 million Sukuk issued by Kuveyt Turk
KFH Capital had been mandated as global coordinator for the Sukuk. Abdulaziz Nasser Al-Marzouq, CEO of KFH Capital, said, "The…
Warba Bank consolidates its position in the local market and expands its operations in the regional and international markets.
Warba Bank, which is one of the fastest growing banks in Kuwai toffering the entire spectrum of world-class Sharia‑compliant banking…
Emirates Islamic CEO wins 'Best Emiratisation CEO Award 2015' for second consecutive year
Emirates Islamic has announced that its CEO, Jamal Bin Ghalaita has won the 'Best Emiratisation CEO Award 2015' in the…
Jordan Islamic Bank pre-tax profits up 17 per cent
Jordan Islamic Bank achieved pre-tax profits of $ 105.4 million for 2015, up almost `17 per cent on year ago…
UAE, India ties get new boost with seven agreements signed
Strategic ties between the UAE and India got a boost on Thursday following the signing of a number of bilateral…
Bank Nizwa achieves operational break-even
Bank Nizwa, Oman’s first dedicated Islamic bank, achieved operational break-even point between revenue and expenses, reporting a total revenue growth…
KFH-Turkey issues capital boosting $350m sukuk
Kuwait Finance House Turkey has issued Tier 2 capital-boosting sukuk worth USD 350 million to support its capital situation. …