Islamic Finance Archives - Page 37 of 503 - Managers of Wealth Middle East

Saudi Arabia issues $2.75bln sukuk in March, Kingdom’s debt offices reports

March 16, 2022

Saudi Arabia’s National Debt Management Center has closed the March 2022 issuance of Saudi riyal-denominated sukuk, valued at SR10.3 billion…

Islamic Finance

Qatar consistently among top 10 in Islamic finance globally

March 16, 2022

Qatar, which has QR528bn of Islamic finance assets, has been consistently ranked among top 10 of the world’s leading Islamic…

Islamic Finance

CBB Sukuk Al-Salam securities oversubscribed

March 14, 2022

Subscriptions worth BD 77.330 million were received for the BD 43 million issue, which carries a maturity of 91 days.…

FinTech

Abu Dhabi Islamic Bank enhances its digital banking ecosystem

March 11, 2022

Abu Dhabi Islamic Bank (ADIB) has announced that it will continue to develop its digital banking ecosystem and be at…

Financial Results

Kuwaiti Islamic banks post 4th best growth rate in financing operations

March 11, 2022

According to the data issued by Moody’s Agency for Investors Services from 2019 to the third quarter of 2021, shows…

Islamic Finance

Saudi Arabia issue $7bln sukuk in March, Kingdom's debt offices says

March 10, 2022

Saudi Arabia’s National Debt Management Center, also known as NDMC, issued a new Saudi riyal-denominated Sukuk worth around SR26.2 billion…

Comment & Analysis

Islamic finance industry set for continued growth in 2022 despite challenges

March 10, 2022

The Islamic finance sector is set to continue growing in 2022 as the accelerating economic recovery, particularly in the GCC…

Islamic Finance

Saudi Social Development bank gives $2.9bln in loans in 2021

March 9, 2022

Saudi Arabia's Social Development Bank disbursed SR11 billion ($2.9 billion) worth of loans in 2021, SDB’s Business Executive Sultan Alhamidi,…

Islamic Finance

Islamic banking in Egypt amounts to EGP 429bn in 2021: Eifa

March 7, 2022

The volume of Islamic banking in Egypt amounted to about EGP 429bn in 2021, representing about 5% of the total…

Islamic Finance

Islamic banking plays key role in Qatar’s diversification drive

March 7, 2022

Banks are exploring new ways of delivering banking services to customers with rise in fintech innovations in Qatar. They are…

FinTech

Aafaq Islamic Finance and Arab Financial Services partner to support fintech startups

March 7, 2022

Aafaq Islamic Finance has entered a strategic partnership whereby jointly, AFS and Aafaaq will support aspiring Fintech startus to launch…

Executive Moves

Alkhabeer Capital appoints Chairman

March 4, 2022

Alkhabeer Capital, a prominent asset manager specialising in Shari’a-compliant investments and financial services, has appointed Ammar Ahmed Saleh Shata to…

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