Rating boost for Al Baraka Group
Al Baraka Banking Group (ABG) yesterday announced that Standard & Poors (S&P) reaffirmed ABG's investment grade long-term counterparty credit rating…
Islamic Finance
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Al Hilal Bank wins prestigious Islamic Award
Al Hilal Bank, a progressive Islamic bank, won as ‘Best Retail Bank (GCC)’ during the 6th edition of the prestigious…
Dubai Islamic Bank appoints Blue Apple as its Creative Agency
Dubai Islamic Bank (DIB), the world’s first Islamic Bank, has recently appointed Blue Apple as its Creative Agency following a…
Sukuk investors increase holdings in NASDAQ Dubai custody
The value of Sukuk investments held for safekeeping in NASDAQ Dubai's custody has risen by 36% in the past year,…
Barwa Bank launches ‘Prestige Banking’
Barwa Bank has launched “Prestige Banking”, its branded service. The select event held on Monday was hosted at the exclusive…
Islamic investment bank ‘best in GCC’
Qatar First Investment Bank (QFIB), Qatar’s independent Shariah compliant investment bank, has won the accolade of “Best Investment Bank in…
Oman's Bank Muscat to launch Islamic banking arm
Bank Muscat, Oman's largest bank by assets, will set up a sharia-compliant banking arm, it said in a statement, becoming…
ADIB Named Best Islamic Bank for the Second Consecutive Year
Abu Dhabi Islamic Bank announced today that it had won the Best Islamic Bank and its CEO Tirad Mahmoud had…
Mahathir urges countries to achieve 50% market share for Islamic banking
Even in retirement he remains the most popular politician to the Muslim "man-and-woman-in-the-street". Now as an elder statesman, Mahathir Mohamed,…
Oman’s Islamic banking on growth path
Islamic banking services in the Sultanate will witness robust growth in the coming days as the central bank will develop…
New move to spur GCC debt capital markets
The Gulf Bond and Sukuk Association (GBSA), the industry group representing the Arabian Gulf debt capital market, has released a…
Mashreq Al Islami wins Best Islamic Window for 2nd consecutive year
Mashreq Al Islami, the Islamic banking division of Mashreq was awarded 'est Islamic Window' for the second consecutive year at…