ADIB Reshuffles Top Leadership Days After New CEO Takes Charge
Abu Dhabi Islamic Bank PJSC, the second-biggest Sharia compliant lender in the United Arab Emirates, has unveiled a series of…
Islamic Finance
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Faisal Islamic Bank Egypt reports 30.3% growth in 2021 standalone profit
Faisal Islamic Bank of Egypt (FAIT) reported a 30.3% year-on-year increase in standalone net profit for the year ended December…
ADIB awarded Best Digital Platform for Corporates
Abu Dhabi Islamic Bank has been awarded the Best Business Ecosystem Platform in 2021 by The Asian Banker during the…
Oman c.bank approves due diligence for Sohar Int'l Bank, Bank Nizwa merger
Oman’s Sohar International Bank on Wednesday said it had received an approval from the central bank to go ahead with…
Saudi Arabia kicks off the year with a $755 million sukuk issuance
The Saudi government offered sukuk denominated in Saudi riyals worth SR2.83 billion ($755 million) in its first issuance for the…
Egypt completes a $3bn loan for green and Islamic financing
Egypt secured a $3 billion loan arranged jointly by a group of Gulf banks, to be divided equally between green…
Egypt completes $3bln loan for green and Islamic financing
Egypt secured a $3 billion loan arranged jointly by a group of Gulf banks, to be divided equally between green…
QIB Profit grows by 16%
His Excellency, Sheikh Jassim Bin Hamad Bin Jassim Bin Jaber Al Thani, Chairman of Qatar Islamic Bank (QIB) has announced…
Qatar International Islamic Bank retains A credit rating from Moody's
The American credit rating agency Moody’s has given Qatar International Islamic Bank a top rating for its performance during the…
New ADIB global sukuk fund raises over $160m
Abu Dhabi Islamic Bank has raised over AED587 million ($160 million) through its new flagship fund, the ADIB Global Sukuk…
Egypt's Abu Dhabi Islamic Bank triples capital of subsidiary ADI-CF
The Egyptian Islamic bank, Abu Dhabi Islamic Bank (ADIB), announced it has increased the share capital of its consumer finance…
Saudi British Bank launches shariah-compliant green deposit product
The Saudi British Bank (SABB) said it has launched a new Shariah-compliant green deposit product, the first in the kingdom…