Bahrain’s GFH is on the ball in buyout plan for Khaleeji Commercial Bank
Bahrain-based investment company GFH Financial Group gave a stellar performance for the first quarter, with earnings per share at $0.53…
Islamic Finance
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Alinma Bank hires JPMorgan Saudi Arabia for riyal sukuk
Alinma Bank has mandated Alinma Investment Company and JPMorgan Saudi Arabia to sell a sukuk in Saudi riyals. The…
CBUAE Governor chairs Islamic Finance Services Board Council
His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE, today chaired the 38th Islamic Finance Services…
40 regulatory and supervisory institutions attend AAOIFI regulators roundtable
Accounting and Auditing Organization for Islamic Financial Institutions has successfully organized the inaugural regulators roundtable on 7 June 2021, virtually. …
KFH activates guide feature on Its Instagram account
Kuwait: keeping up with the latest updates by digital platforms and through adopting digitization, Kuwait Finance House (KFH) has become the…
Egypt nears issuing sukuk bonds as bill moves through parliament
Egypt will start issuing sukuk, or sharia-compliant Islamic bonds, as soon as a law making its way through the country's…
Forbes ranks QIB among Top 100 Companies in Middle East
Qatar Islamic Bank (QIB) was ranked 18th out of Top 100 Companies in the Middle East by Forbes Middle East…
Turkey to have considerable position in conventional, Islamic finance
He further declared that Islamic finance should not be treated as Islamic banking and the financial sector should also cover…
ADIB named ‘Best Islamic Bank in the UAE’ at IFN Awards
Abu Dhabi Islamic Bank (ADIB) has announced it won five categories at the Islamic Finance News (IFN) Awards 2021 ceremony,…
Bank of Sharjah achieves robust underlying profit performance
Bank of Sharjah delivers strong UAE profit performance of AED309 million, and net consolidated Group profit (before exceptional non-cash items)…
Sukuk growth may be blunted by UAE's tighter standards: S&P
The growth in shariah-compliant bond issuance this year could be hurt by complications arising from the UAE’s recent adoption of…
KHCB launches the new version of "Khaleeji Mobile App"
Continuing its pursuit of providing innovative digital services to its clients in-line with its new strategic objectives, and to facilitate…