Warba Bank celebrates listing of $250mln Tier-1 sukuk on Nasdaq Dubai
Shaheen H. Al-Ghanem, CEO of Warba Bank, a leading Kuwaiti Islamic Bank, Tuesday rang the market-opening bell to celebrate the…
Islamic Finance
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MIS, Al-Rajhi Capital to launch $266mln Shariah-compliant investment fund
Saudi-based Al-Moammar Information Systems Co., and Al Rajhi Capital on Sunday launched signed a memorandum of understanding to launch a…
MIS, Al-Rajhi Capital to launch $266m Shariah-compliant investment fund
Saudi-based Al-Moammar Information Systems Co., and Al Rajhi Capital on Sunday launched signed a memorandum of understanding to launch a…
QIB awarded 'Best SME Bank in Qatar'
Qatar Islamic Bank was named “Best SME Bank in Qatar” in Global Finance’s Best SME Banks Awards, in recognition of…
BisB Congratulates Eman AlBinghadeer for Her Nomination in the WOMANi Awards for the Third Consecutive Year
Bahrain Islamic Bank (BisB) recently announced the nomination of Mrs. Eman AlBinghadeer, Head of Internal Shari'a Audit at BisB, amongst…
Saudi Arabia ends the year with local sukuk issuance of $110.5mln
The Saudi government offered denominated sukuk in Saudi riyals worth SR415 million ($110.5 million) for the December issuance, the National…
Dubai Islamic Bank launches ‘Rabbit’ as digital banking for connected generation
Dubai Islamic Bank (DIB) has launched its digital banking app that targets customers across all its key markets. The digital…
Kuveyt Türk receives Islamic banking award from int’l institution
Istanbul-based lender Kuveyt Türk, the country's leading Turkish Islamic finance – commonly known as participation finance – institution, was deemed…
Dubai Islamic Bank launches Rabbit 'FunTech' app aimed at tech-savvy customers
Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender, launched Rabbit, a “fun” digital offering that seeks to attract more technology-savvy…
Al Baraka Islamic Bank Receives Double Recognition at the IRBA 2021
Al Baraka Islamic Bank has recently received double recognition from the 7th Islamic Retail Banking Awards (IRBA) 2021, which include…
Social responsibility initiatives in Dubai surpass $816mln in value in 2020, according to IACAD report
The Islamic Affairs and Charitable Activities Department in Dubai (IACAD) has revealed that the value of social responsibility initiatives implemented…
Riyad Bank's board proposes dividend distribution for H2-21
Mubasher: The board of Riyad Bank has recommended a cash dividend distribution, equivalent to 5.4% of the capital, for the…