FAB issues five-year US$500 million Sukuk
First Abu Dhabi Bank has issued the lowest-ever yield on any five-year MENA bank USD issuance with a US$500 million…
Islamic Finance
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Al Salam bank – Bahrain launches its latest personal and property financing campaign
Al Salam Bank, a pioneering Shari'a-compliant Bank in Bahrain, has announced the launch of its latest personal and property financing…
Takaful Oman to offer OMR25mn perpetual Sukuk issue
The Capital Market Authority has approved the main prospectus of Mudharabah Sukuk of Takaful Oman Insurance for the offer of…
SINNAD partners with Ithmaar Bank in Bahrain for cards processing
Manama-based SINNAD, a card processing service provider in the Middle East and Africa region with advance card payment solutions, signed…
Geneva boutique to launch Sharia trade finance fund
Horizon Capital confirmed it will launch the Horizon Capital – Sharia Global Trade Finance fund on 1 February, following research…
QIB and Qatar Post to launch Qatar's first fully integrated postal delivery Point of Sale
Qatar Islamic Bank has launched the first fully-integrated postal delivery Point of Sale (PoS), in partnership with Qatar Post and…
Central Bank of Bahrain Sukuk Al-Ijara oversubscribed
The Central Bank of Bahrain has announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has…
First Abu Dhabi Bank heads to market with $500m Islamic bond
First Abu Dhabi Bank has followed its Dubai rival to the debt market by starting to market dollar-denominated Islamic bonds…
Bank Nizwa CEO joins international experts and industry leaders at the virtual 15th (AAOIFI) – Islamic Development Bank Conference
Representing Oman’s leading and most trusted Islamic bank, Mr. Khaled Al Kayed, CEO, Bank Nizwa, joined international experts and fellow…
UAE leads world in Islamic finance industry
Mubasher: The UAE has led the world in setting an international regulatory framework governing Islamic finance, according to a report…
Al Baraka Islamic wins top retail banking awards
Bahrain-based Al Baraka Islamic Bank (AIB)has been awarded the ‘Best Islamic Retail Bank for Social Responsibility Award 2020’ and ‘Best…
GCC bond issuance hits $47.5bln in 11 months
GCC governments issued $47.5 billion in bonds in up to November in 2020, with $35.4 billion during the first half…