Islamic Finance

Comment & Analysis

Jersey Finance launches landmark study on the global attitudes to Islamic wealth management

November 29, 2021

Jersey Finance, which champions and represents the award winning global international finance centre in Jersey, recently launched its landmark study…

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Islamic Finance

Emirates Development Bank lends over Dhs700m to UAE’s industrial sector

November 26, 2021

UAE’s Emirates Development Bank (EDB) has allocated a Dhs700m financing package to the nation’s industrial sector since the beginning of…

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Islamic Finance

National Bank of Bahrain targets a 25% market share: CEO

November 25, 2021

The National Bank of Bahrain is expanding its Islamic banking operations as part of its growth strategy, the bank’s CEO…

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Comment & Analysis

Fitch affirms Bank of Sharjah at 'BBB+'/Stable

November 25, 2021

Fitch Ratings has affirmed UAE-based Bank of Sharjah P.J.S.C.'s Long-Term Issuer Default Rating (IDR) at 'BBB+' with a Stable Outlook.…

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FinTech

UR Islamic Bank selects CapitalCompliance

November 25, 2021

Capital Banking Solutions announced today that UR Islamic Bank for Investment has signed for CapitalCompliance™, the integrated Compliance platform that…

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Awards and Recognition

GFH Named As Region’s Top Islamic Investment Bank By MEA Finance Awards

November 25, 2021

Bahrain’s GFH Financial Group sweeps up two prestigious awards at 2021 MEA Finance Awards in Dubai COO Salah Sharif hails…

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Comment & Analysis

Saudi Arabia Islamic Finance Market to be Dominated by Islamic Banking through 2026 – TechSci Research

November 24, 2021

The growing FinTech industry and presence of tech-savvy youth population are driving the growth of Saudi Arabia Islamic Finance Market…

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FinTech

Active.Ai powers ‘Zaki’, Qatar Islamic Bank (QIB) ‘first-of-a-kind’ AI virtual assistant available in Arabic and English

November 24, 2021

Qatar Islamic Bank (QIB) has introduced new features to its AI virtual assistant, ‘Zaki’, offering customers, as well as non-customers,…

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Islamic Finance

State-owned Bank Syariah Indonesia to open representative office in Dubai in 2022

November 23, 2021

Indonesian state-owned Islamic bank, Bank Syariah Indonesia, is planning to open a representative office in Dubai in 2022, local media…

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Comment & Analysis

Islamic banking has grown more popular in UAE since the pandemic: Survey

November 22, 2021

Islamic banking has found more takers in UAE since the beginning of the pandemic amid growing consumer awareness and better…

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Islamic Finance

Bahrain's GFH named region’s top Islamic investment bank

November 22, 2021

Bahrain’s GFH Financial Group has been named the best Islamic investment bank in the Middle East and Africa region at…

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Islamic Finance

Saudi Islamic finance firm to debut on stock market

November 21, 2021

Saudi Arabian Islamic finance company Nayifat Finance will start listing and trading its shares on the main market of the…

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