Bank of Sharjah set to raise $500 mln with five-year bonds
Bank of Sharjah is set to raise $500 million for a sale of senior unsecured five-year bonds, a bank document…
Islamic Finance
6037 articles found
ADIB appoints Bushra Al Shehhi as Chief Human Resources Officer
Abu Dhabi Islamic Bank has announced the appointment of Bushra Al-Shehhi as the new Chief Human Resources Officer. Bushra will…
Bahraini Islamic Banking Penetration Solid, to Benefit from Consolidation
Bahrain’s Islamic banking market share is expected to increase to over 50% of total domestic banking sector assets in the…
FinTech the backbone of the Islamic banking growth story
With Islamic banking and finance in high growth mode, the role of specialist Islamic FinTech players has become more critical…
Dubai redeems sukuk worth more than $1bln
Dubai's department of finance said it has redeemed $750 million worth of sukuk or Islamic bonds, issued on January 30,…
Mr. Omar Abdulaziz Al-Meer has been appointed as Chief of Corporate Sector at QIIB
Dr. Al-Shaibei: Our Strategy at QIIB is to support, empower and promote Qatari Employees QIIB announced the appointment of…
Dubai Islamic Bank successfully prices $1bn sustainable sukuk, its second so far
Dubai Islamic Bank has successfully priced its second sustainable sukuk – a $1bn 5.5-year senior issue with a profit rate…
UAE’s Emirates Islamic issues dirham-denominated sukuk valued at Dhs1bn
Emirates Islamic has successfully priced its inaugural Dhs1bn dirham-denominated sukuk. The bank’s sukuk sale will expand financing options for…
Sharjah Sustainable City wins top awards at prestigious International Property Awards in London
Sharjah Sustainable City – the first sustainable master-planned community developed by the Sharjah Investment and Development Authority (Shurooq) in partnership…
Gulf Islamic Investments announces an office opening in Bahrain
Gulf Ventures Capital will be covering food, agriculture, logistics, and green technology Dubai: Gulf Islamic Investments (GII) a leading Shari’ah-compliant…
Saudi ACWA Power completes $480mln local currency sukuk issue
Saudi Arabia's ACWA Power has completed its sukuk, or Islamic bond, offering of 1.8 billion riyals ($480 million). The…
Boubyan Bank’s net profits grow by 19% in 2022 to reach KD 57.8mln
Al-Shaya: Excellent Results Despite Domestic and Global Challenges Al-Majed: Our Market Share Reflects Our High-Level Customer Service and Technology Excellence…