QIIB launches QMP eWallet
QIIB has announced the launch of its latest contactless payment solutions- QMP eWallet, giving clients the ability to enjoy an…
Islamic Finance
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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…
The global gold investment markets
The global gold investment markets: Traits for Shariah-based investment solutions The macroeconomic environment and fiscal policies shaped around lowering…
Global Islamic finance assets to rise by $3.69tr in 2024
Global Islamic finance assets is projected to grow by $3.69trillion in 2024, Ridwan Sanusi, a financial investment professional as well…
QIB Introduces new features to its first of a kind AI virtual assistant "Zaki"
Qatar Islamic Bank (QIB) has introduced new features to its AI Virtual Assistant “Zaki” offering customers as well as non-customers…
Islamic Development Bank provides $3bn for renewable energy
The Islamic Development Bank's is providing more than $3 billion in financing for renewable energy projects, and more than $5…
Qatari Central Bank approves $50bln bank merger
Qatar Central Bank (QCB) has approved the $50bn merger between Masraf Al Rayan and Al Khaligi Bank. The merged…