Iran appoints new central bank chief- TV
Iran has appointed Akbar Komeijani as head of the central bank, a senior official told state TV on Wednesday. …
Islamic Finance
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Al Baraka Islamic Bank Wins ‘Best Bank For Social Media Bahrain 2021’ Award For The Second Consecutive Year
Al Baraka Islamic Bank has won the ‘Best Bank for Social Media Bahrain 2021’ award for the second consecutive year…
Islamic Finance and Wealth Management industry remains resilient
Sukuk is expected to maintain its position as a major growth driver for the Islamic finance industry, says Hameed Noor…
KIB acts as joint lead manager for AUB's USD 600m T1 Sukuk issuance
Kuwait International Bank has announced that it recently acted as a Joint Lead Manager in the USD600 million perpetual non-call…
Bahrain's Al Salam Bank client deposits triple
Al Salam Bank has seen a three-fold jump in client deposits following the launch of a new flexible savings plan,…
Qatar International Islamic Bank mulls 100% foreign ownership
Qatar International Islamic Bank's board of directors has recommended allowing foreign investors to own up 100 percent of the bank's…
Al Babtain and Kuwait Finance House strengthen partnership
Driven in the pursuit of providing exceptional customer experiences, Abdulmohsen Abdulaziz Al-Babtain Co (AABC), the sole authorized dealer of Nissan…
Assets of UAE Islamic banks grow by 5% in 2020: Central Bank
Assets of fully-fledged Islamic banks grew by 5 percent during 2020, accounting for about 19 percent of UAE’s total banking…
Kuwait’s Ahli United Bank lists $600mln sukuk on Nasdaq Dubai
Nasdaq Dubai welcomed the listing of a US$600 million Sukuk by Ahli United Bank, one of Kuwait’s leading financial institutions.…
Dubai Islamic Bank closes $1b senior sukuk
Dubai Islamic Bank successfully priced $1 billion 5 year sukuk issue with a profit rate of 1.95 per cent per…
QIB launches new generation of its top and most rated mobile banking app in Qatar
Qatar Islamic Bank has announced the launch of an all-new version of its award-winning Mobile App. Creating a simplified…
Qatar’s Islamic finance assets reach QR528bn in 2020
Qatar Central Bank (QCB) Governor, H E Sheikh Abdulla bin Saoud Al Thani, said the Islamic finance in Qatar is…