Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a…
Islamic Finance
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Islamic social financing in the COVID-19 era and beyond
At these extraordinary times in the world, where the devastating effects of the coronavirus disease (COVID-19) are still being felt…
Ithmaar Bank launches special financing offers for Danaat Al Baraka villas
Ithmaar Bank has announced the launch of special financing offers for villas at the Danaat Al Baraka development located in…
Path Solutions successfully completes system upgrade at KFH
Path Solutions has announced that Kuwait Finance House (“KFH”), Kuwait’s Islamic banking pioneer has successfully completed the upgrade of its…
Abu Dhabi judge rules in favour of Dubai Islamic Bank in NMC case
A judge in Abu Dhabi ruled in favour of Dubai Islamic Bank and against the administrators of NMC, in a…
Saudi Tas'heel gets credit card finance approval from SAMA
Saudi Arabia’s United Electronics Co (eXtra) said its fully-owned subsidiary, United Company for Financial Services (Tas’heel), on Wednesday obtained a…
ADIB partners with Diebold Nixdorf to deliver 24/7 access to essential banking services
Emirati financial institution Abu Dhabi Islamic Bank is expanding its partnership with Diebold Nixdorf, a global leader in driving connected…
Saudi-listed companies see total profits surge 44% in Q1 2021
Companies listed on the Saudi stock exchange (Tadawul) reported a 44 percent year-on-year increase in aggregate net profit during the…
Sharjah’s investment ecosystem keen to woo Chinese businesses
Continuing its to drive new and diversified investments into the emirate, the Sharjah FDI Office (Invest in Sharjah), operating under…
4 banks acquire 90% of Islamic banking in Egyptian market
Total of EGP 313.5bn volume of deposits, EGP 297.7bn volume of financing comply with Islamic Sharia The Egyptian Islamic…
QIB recognised for its outstanding innovations at the Global Finance 2021 Innovators Awards
Qatar Islamic Bank was again crowned for revolutionizing the banking sector in Qatar and the global Islamic Banking industry with…
Investment House closes series 4 Global Wakala Trust Program successfully
Investment House, one of the leading Shariah-compliant investment banks and asset managers in Qatar, has announced the successful closing of…