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…
Islamic Finance
6034 articles found
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…
nogaholding wins $200m funding from Al Baraka Islamic Bank
Bahrain's Oil and Gas Holding (nogaholding) has announced that it has secured a $200 million revolving credit facility from a…
Dubai Islamic Bank FY net profit jumps 26%; beats estimate
Dubai Islamic Bank, the UAE’s largest Islamic lender, posted a 26% jump year-on-year (YoY) in its FY 2022 net profit…
SIB launch new headquarters of its branch in Al Dhaid Mall
Sharjah Islamic Bank (SIB), one of the leading Islamic financial institutions in the United Arab Emirates, inaugurated the new headquarters…