Islamic Finance Archives - Page 67 of 504 - Managers of Wealth Middle East

Islamic financing growth to outpace conventional lending in GCC, core Islamic markets in 2021

February 28, 2021

Despite difficult operating conditions in most countries amid pandemic-driven economic downturns, demand for Islamic financing assets (lending) across the core…

Insurance

Qatar Islamic Insurance Group, SAP Sign Digital Transformation Partnership

February 26, 2021

Qatar Islamic Insurance Group, has entered into a digital transformation partnership with global technology company SAP to enhance customer services.…

Financial Results

QFB’s performance improved in 2020: Chairman

February 26, 2021

Despite challenging market conditions Qatar First Bank (QFB) continued to exhibit strong growth momentum for the year ending December 31,…

Insurance

Sohar Islamic completes issuance of Takaful Oman's perpetual sukuk

February 25, 2021

Reiterating its strong market position and investor confidence, Sohar Islamic – Sohar International’s Islamic Window, has completed the issuance of…

Comment & Analysis

Islamic finance to continue rising in 2021: Moody's

February 24, 2021

Islamic banking, bonds and insurance are set to benefit from supportive government policies in many countries, as well as strong…

Executive Moves

Jamal Al Barrak named as Vice Chairman of the Gulf Bond and Sukuk Association

February 23, 2021

Kuwait International Bank has wishes to extend its warm congratulations to Mr. Jamal Al Barrak, General Manager of Investment Department…

Comment & Analysis

Al Baraka Islamic bank announces financial results for the year ended 31 December 2020

February 23, 2021

Al Baraka Islamic Bank has reported net profit attributable to the shareholders of BD 1.23 million in the fourth quarter…

Islamic Finance

HSBC completes its Islamic trade facility in MENAT with QIB

February 19, 2021

HSBC Bank Middle East completed its Islamic Trade Facility in MENAT, valued at USD 100 million, in January 2021 with…

Financial Results

Dubai Islamic Bank’s net profit drops 38% in 2020 due to increased provisions

February 17, 2021

Dubai Islamic Bank (DIB) on Tuesday announced its 2020 financial results which revealed a 38 percent slump in net profits.…

Hedge Funds & Alternative Investments

Signing of an Agency Agreement between Islamic Corporation for the Development of the Private Sector and Islamic Development Bank

February 16, 2021

H. E. Dr Bandar Hajjar, the President of the Islamic Development Bank Group and Mr. Ayman Amin Sejiny, the CEO…

Hedge Funds & Alternative Investments

CIRA studies acquisition opportunities, plans to invest EGP 800m in 2021

February 16, 2021

The Cairo for Investment and Real Estate Development company has revealed that it is currently studying two to three acquisition…

Hedge Funds & Alternative Investments

Qatar Islamic Bank, HSBC sign $100mln deal

February 15, 2021

Qatar Islamic Bank, the country’s largest sharia-compliant lender by assets, has signed an Islamic trade facility worth $100 million with…

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