Egypt issues first Islamic micro-financing license
Egypt’s Financial Regulatory Authority has issued the country’s first license to an institution engaged in Shariah-compliant financing of micro-enterprises. …
Islamic Finance
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Bahrain Islamic Bank managers earn CIBAFI’s Islamic Banker Certification
Bahrain Islamic Bank has announced the participation of several of its managers in the Certified Islamic Banker (CIB) programme by…
Al Sanam Islamic Bank signs with ICSFS
Al Sanam Islamic bank has selected ICS BANKS Islamic Banking software solution from ICS Financial Systems (ICSFS), the global software…
Oman's plan to introduce Islamic money market instruments is positive for sector
Oman's plan to introduce Islamic money market instruments will support the growth of the Islamic sector and diversify lenders' assets,…
Qatar’s Islamic finance sector set for growth
The year 2022 is positioned for growth for Qatar’s Islamic finance institutions as the economy expands in the run-up to…
BIBF announces revamp of Islamic finance levy courses
The Bahrain Institute of Banking and Finance (BIBF), the leading institution for training and development in the region, has announced…
BisB Achieves Second Place for the Kingdom’s Banking Sector
Bahrain Islamic has recently been ranked second in the Kingdom’s banking sector in the Environmental, Social and Corporate Governance (ESG)…
DIB’s collaboration with Dubai Can
In line with its sustainability strategy and strong commitment towards UAE's long-term green agenda, Dubai Islamic Bank has announced its…
DIB becomes first Islamic bank to join ‘Buna’
Dubai Islamic Bank has reinforced its position as the region’s most progressive Islamic financial institution, by becoming the first Islamic…
Abu Dhabi Islamic Bank named ‘Islamic Bank of the Year 2022’ by The Banker Magazine from FT
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has been recognised as the Best Islamic Bank by Financial Times’…
Responding to inequality: The role of OIC nations and Islamic finance
Inequality across and within countries has grown. According to the UN’s World Social Report 2020, over 70% of the world’s…
Attitudes to Islamic Wealth Management in a Shifting African Private Wealth Landscape
Across the continent, High Net Worth Individuals (HNWI) – defined as those who have US$1 million or more of investible…