Al Salam Bank net profit surges 134pc
Al Salam Bank has reported a net profit attributable to shareholders of BD21.4 million ($56.7 million) for FY 2021 compared…
Islamic Finance
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Growth in Shariah-compliant investment opportunities expected in 2022 – INVESCO
Opportunities to invest in Shariah-compliant investment vehicles are expected to grow as the focus on environmental, social and governance (ESG)…
Riyad Bank sells $750mln in perpetual sustainability sukuk
Riyad Bank, which is 43% indirectly owned by the Saudi government, sold $750 million in Additional Tier 1 (AT1) Islamic…
Qatar plans to be Islamic sukuk hub
Qatar is planning to be a hub for Islamic sukuk in the world. The Qatar Stock Exchange is expected to…
Egypt Banking Industry Report 2021 Featuring National Bank of Egypt, Banque Misr, Banque du Caire, Commercial International Bank, QNB Alahli, HSBC and Credit Agricole Egypt
The "The Banking Industry in Egypt 2021" report has been added to ResearchAndMarkets.com's offering. This report on the Egyptian…
Jordan Islamic Bank announces US$ 136.1mln profits in 2021 before tax
Jordan Islamic Bank has announced its financial results for the 2021 year. JIB has successfully achieved growth in various financial…
Kuwait Finance House net profit surges 64pc to $803m
Kuwait Finance House (KFH), one of the world's leading Islamic financial institutions, has reported a net profit of KD243.4 million…
Dubai Islamic Bank prices $750 million senior sukuk at 2.74%
Dubai Islamic Bank (DIB) priced its $750 million 5-year sukuk issue with a profit rate of 2.74 per cent per…
Central Bank of Kuwait net foreign assets suffer biggest fall in at least 30 years
Net foreign assets of the Central Bank of Kuwait witnessed the biggest net annual fall on record, according to data…
Abu Dhabi Islamic Bank posts 45% jump in annual net profit
Abu Dhabi Islamic Bank on Monday reported a year-on-year growth in net profit of 45 percent for the full year…
Invesco sees a boost in Shariah-related investment products in 2022
Looking ahead to 2022, Invesco experts expect to see a continued growth of opportunities for investors looking for Shariah-compliant investment…
Saudi Riyad Bank to issue dollar denominated Tier 1 capital sukuk
Saudi Arabia's Riyad Bank plans to issue US dollar denominated Tier 1 capital sukuk to support its capital base and…