Bank ABC Islamic announces nine-months 2021 net profit of US$26.7mln
Bank ABC Islamic has announced its results for the nine months ending 30 September 2021: Key Highlights of first nine…
Islamic Finance
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QIB Ranked "Strongest Bank in Qatar" & "Second Strongest Islamic Bank in the World"
Qatar Islamic Bank (QIB) emerged as “Strongest Bank in Qatar”, “Fourth Strongest Bank in the Middle East”, “Strongest Islamic Bank…
Sukuk Perceptions and Forecast Study 2021: Thriving Amidst Uncertainty
Global sukuk issuance reached $147 billion in the first nine months of 2021, carrying over momentum from 2020 and on…
Jersey Finance launches landmark study on the global attitudes to Islamic Wealth Management
Jersey Finance has launched a significant study into the attitudes towards the Islamic finance wealth management market by Muslim High…
Optimism for Abu Dhabi Islamic Bank PJSC has grown this past week, despite five-year decline in earnings
Generally speaking the aim of active stock picking is to find companies that provide returns that are superior to the…
QIIB launches QMP eWallet
QIIB has announced the launch of its latest contactless payment solutions- QMP eWallet, giving clients the ability to enjoy an…
Saudi Arabia gets $3.25bln with year's third international bond sale
Saudi Arabia sold $3.25 billion in dual-tranche bonds on Tuesday comprising a sukuk tranche and a conventional portion in its…
Saudi Tadawul to offer up to 30% of its public shares to individuals
Saudi Tadawul Group Holding Co. increased the shares allocated to individual subscribers in its initial public offering (IPO) to 10.8…
Shariah-complaint finance in Saudi Arabia hits $430bn, Central Bank head says
Saudi Arabia witnessed rapid growth in Islamic financing with the total Sharia-compliant financing amounted to more than $430 billion, while…
Bahrain hires banks for dollar bonds and sukuk – document
Bahrain has hired a group of banks to arrange calls with fixed income investors ahead of a planned U.S. dollar-denominated…
Qatar Islamic Bank launches video banking
Qatar Islamic Bank (QIB) has announced the launch of a video banking service through its QIB Mobile App. The…
Sharjah real estate records $1.5bln in transactions for Q3 2021
The real estate sector has shown significant growth during Q3 of 2021, with 16,781 transactions worth AED5.7 billion by the…