Islamic Finance Archives - Page 45 of 504 - Managers of Wealth Middle East

Legal Advisors and Baker McKenzie act for the underwriters on Saudi Tadawul Group's landmark IPO

December 13, 2021

Legal advisors, Abdulaziz Alajlan & Partners alongside Baker McKenzie, London, have acted for the underwriters on Saudi Tadawul Group Holding’s…

Islamic Finance

Saudi Real Estate Refinance Company issues SAR 2bln Sukuk, under its existing Sukuk Programme

December 13, 2021

Saudi Real Estate Refinance Company (SRC) successfully completed issuing a SAR 2 billion Sukuk to support lenders in the housing…

FinTech

ADIB's Amwali Youth Bank elevates customers' experiences with chat banking services

December 10, 2021

Abu Dhabi Islamic Bank has announced the introduction of Amwali’s AI Chat bot. Through automated responses, Amwali Chat Banking will…

Comment & Analysis

Revealed: How UAE banks performed during Q3

December 10, 2021

UAE-based banks registered a sharp rise in earnings during the third quarter of 2021, indicating that they are prioritising profitability…

Executive Moves

Standard Chartered appoints UAE Head of Islamic Banking

December 8, 2021

Standard Chartered has announced the appointment of Ali Allawala as Head of Islamic Banking (Saadiq) for the United Arab Emirates…

Comment & Analysis

Stable capital at GCC Islamic banks in 2022: Fitch

December 8, 2021

The 2022 sector outlook for GCC Islamic banks is neutral, reflecting a modest economic recovery and higher oil prices, said…

Insurance

Takaful insurance to make debut in Iran

December 8, 2021

Iran will launch limited takaful insurance services for the first time after finance minister Ehsan Khandouzi said that there is…

Islamic Finance

Bahrain's Esterad Investment issues LoI to acquire Venture Capital Bank

December 6, 2021

Bahrain’s Esterad Investment has issued a non-binding Letter of Intent (LoI) to acquire up to 100 percent of the share…

Islamic Finance

Qatar completes first merger of two publicly listed banking giants; Masraf Al Rayan has QR182b in assets

December 3, 2021

Qatar’s banking sector has completed the first merger of two of its publicly listed entities. With the legal process…

Comment & Analysis

Bahrain ranks 4th globally in Islamic Finance

December 2, 2021

Bahrain has ranked fourth in the world and second in MENA for Islamic finance development according to the 2021 Islamic…

Awards and Recognition

GIB Saudi Arabia wins Best Islamic Receivable Finance

December 2, 2021

Gulf International Bank Saudi Arabia has announced that it won the Best Islamic Receivable Finance Award 2021 at the Saudi…

Awards and Recognition

QIB Awarded ‘Bank of The Year in Qatar’

December 2, 2021

Qatar Islamic Bank has recognized for the second consecutive year as “Bank of The Year in Qatar” by The Banker…

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