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…
Islamic Finance
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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…
Bank Nizwa makes home ownership easy
In an effort to enable customers to own their dream homes, Bank Nizwa has announced that it has made ethical,…
Muzn Islamic Banking Supports Islamic Finance News Oman Forum 2022
National Bank of Oman’s (NBO) Islamic Banking Window, Muzn, recently supported the seventh annual Islamic Finance News (IFN) Forum 2022,…
ADIB named the Safest Islamic Financial Institution in 2022
Abu Dhabi Islamic Bank has announced that it has been named the Safest Bank for 2022 by New York based…