Bank of Sharjah signs $200m club term loan
The Bank of Sharjah has signed a $200 million Club Term loan facility with a Group of Local and International…
Islamic Finance
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Bank of Sharjah signs $200 million loan refinancing
Bank of Sharjah has signed a $200 million Club Term Loan Facility with a Group of Local and International…
Oman Development Bank considers Islamic window
Oman Development Bank is considering the launch of an Islamic window to offer sharia-compliant products to small and medium-sized…
Indonesia marketing new Sukuk in London, Middle East
Indonesia is meeting with investors in London and the Middle East ahead of a possible sukuk, or Islamic bond,…
KFH launches new Turkish Real Estate financing service
Chief Retail Banking Officer at Kuwait Finance House, a global leading Islamic financial institution, Mohammad Al-Fouzan has announced the launch…
Tunisia's El Wifack plans to become Islamic bank
El Wifack, which has its debt rated BB+ by Fitch Ratings, also said it planned to raise its capital by…
UAE banks cash situation good
The UAE banks are flush with depositors’ cash once again as the country’s political stability and sustainable economic growth embellish…
Ithmaar Bank operating income stable at BD37m
Operating income continues to be stable at Ithmaar Bank at BD36.8 million, despite a significant compression of margins in…
CBB Sukuk Al-Ijara over subscribed
The Central Bank of Bahrain announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…
5th World Islamic Retail Banking Conference to take place in Dubai
As the future promises great opportunity for the Islamic banking sector, 5th World Islamic Retail Banking Conference will present…
Warba Bank plans new investment company
Warba bank is moving towards establishing a new investment company operating in accordance with Shari’ah rules The general assembly…
Bank Nizwa partners with BankDhofar to develop Omani Islamic interbank market
Both banks will be working together with other domestic Islamic banking entities to develop Oman into one of the frontrunners…