Islamic Finance

FinTech

Kuwait Finance House Spearheads RegTech in the GCC with Expanded Partnership with Codebase Technologies

June 11, 2021

Codebase Technologies has been selected by Kuwait Finance House Bahrain to expand the bank’s digital market leadership with a streamlined…

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Comment & Analysis

Bahrain's Islamic Banking Sector Projected to Grow Jolted By M&A

June 11, 2021

The market share of Islamic banks in Bahrain is expected to increase in 2021-2022 after reaching 37.1% of domestic banking…

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Comment & Analysis

Bahrain's Sizable Islamic Banking Sector Has Scope for Growth

June 11, 2021

The market share of Islamic banks (including Islamic windows) in Bahrain is expected to increase in 2021-2022 after reaching 37.1%…

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Islamic Finance

Bahrain’s GFH is on the ball in buyout plan for Khaleeji Commercial Bank

June 10, 2021

Bahrain-based investment company GFH Financial Group gave a stellar performance for the first quarter, with earnings per share at $0.53…

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Islamic Finance

Alinma Bank hires JPMorgan Saudi Arabia for riyal sukuk

June 10, 2021

Alinma Bank has mandated Alinma Investment Company and JPMorgan Saudi Arabia to sell a sukuk in Saudi riyals.   The…

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Islamic Finance

CBUAE Governor chairs Islamic Finance Services Board Council

June 10, 2021

His Excellency Khaled Mohamed Balama, Governor of the Central Bank of the UAE, today chaired the 38th Islamic Finance Services…

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Islamic Finance

40 regulatory and supervisory institutions attend AAOIFI regulators roundtable

June 9, 2021

Accounting and Auditing Organization for Islamic Financial Institutions has successfully organized the inaugural regulators roundtable on 7 June 2021, virtually. …

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FinTech

KFH activates guide feature on Its Instagram account

June 9, 2021

Kuwait: keeping up with the latest updates by digital platforms and through adopting digitization, Kuwait Finance House (KFH) has become the…

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Hedge Funds & Alternative Investments

Egypt nears issuing sukuk bonds as bill moves through parliament

June 8, 2021

Egypt will start issuing sukuk, or sharia-compliant Islamic bonds, as soon as a law making its way through the country's…

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Awards and Recognition

Forbes ranks QIB among Top 100 Companies in Middle East

June 8, 2021

Qatar Islamic Bank (QIB) was ranked 18th out of Top 100 Companies in the Middle East by Forbes Middle East…

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Islamic Finance

Turkey to have considerable position in conventional, Islamic finance

June 7, 2021

He further declared that Islamic finance should not be treated as Islamic banking and the financial sector should also cover…

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Awards and Recognition

ADIB named ‘Best Islamic Bank in the UAE’ at IFN Awards

June 6, 2021

Abu Dhabi Islamic Bank (ADIB) has announced it won five categories at the Islamic Finance News (IFN) Awards 2021 ceremony,…

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