ADIB launches its state-of-the-art digital Command Centre, ACE
Enables greater resilience, agility, and vigilance in the ever-evolving market landscape Abu Dhabi Islamic Bank has announced the launch of…
Islamic Finance
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Ahli islamic receives a prestigious award for Excellence in Islamic Retail Banking
With a keen focus on promoting ethical banking practices, and financial inclusivity, ahli islamic has been at the forefront of…
Bank Nizwa receives two prestigious awards at Alam Al-Iktisaad's Islamic Banking and Finance Summit 2022
Bank Nizwa has recently been awarded the 'Islamic Bank of the Year' title and 'Best Sustainable Banking Products Innovation' accolade…
Standard Chartered launches Islamic Sustainable Account in the UAE
Standard Chartered has announced the launch of the Islamic Sustainable Account (SA) in the UAE. This new product, offered to…
Refinitiv: Global Islamic Finance Industry expected to reach US$5.9trln by 2026
The global Islamic finance industry is expected to reach US$5.9 trillion by 2026 from US$4 trillion in 2021 driven by…
KFH signs an agreement with Pio-Tech to implement the RPA technology
Kuwait Finance House has signed an agreement with Pio-Tech, one of the leading companies in the development of digital transformation…
Volume of Islamic banking in Egypt estimated at EGP 459bn by end of September 2022
Mohamed Al-Beltagy — Chairperson of the Egyptian Islamic Finance Association for Islamic Finance — said that the volume of Islamic…
Bank Nizwa launches Shari’ah-compliant eco-friendly payment cards
Bank Nizwa became the first Islamic bank in Oman to introduce Shari’ah-compliant eco-friendly credit and debit cards. Designed to…
Dubai Islamic Bank sells $750mln in debut sustainable sukuk
Dubai Islamic Bank sold $750 million of its debut sustainable Islamic bond on Tuesday, a bank document showed. The…
Standard & Poor’s awards Boubyan Bank the highest credit rating in Kuwait
Al-Majed: Rating Boubyan atop Local Banks Confirms Our Successful Ongoing Balance between Growth, Expansion, and Profits Boubyan Bank took a…
Ithmaar B S C : Bank announces third quarter results
Ithmaar Bank B.S.C. (closed), a Bahrain-based Islamic bank, reported profits for the nine-month period ended 30 September 2022. The…
Al Rajhi Bank completes $3bn Tier 1 SR-denominated Sukuk subscription
Al Rajhi Banking and Investment Corp., the Kingdom’s largest valued bank, has completed the offering and subscription of Tier 1…