Islamic Finance

Islamic Finance

Al Baraka Banking Group holds its Second Annual Forum for the Shari'a departments of its Units world wide

December 29, 2020

Al Baraka Banking Group has held its Second Annual Forum for the Shari’a departments of the Group’s units around the…

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Awards and Recognition

QIIB wins ‘Qatar’s Most Innovative Islamic Retail Bank’ award for 2nd year

December 22, 2020

QIIB has been chosen for ‘Qatar’s Most Innovative Islamic Retail Bank’ award 2020, instituted and granted annually by the Islamic…

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Hedge Funds & Alternative Investments

King Abdullah Economic City signs a financing agreement with SABB

December 18, 2020

King Abdullah Economic City has announced the signing of a cooperation agreement with the Saudi British Bank (SABB), which aims…

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Islamic Finance

Campaign to boycott UAE bank over ties to Israel

December 18, 2020

Activists on Wednesday launched an online campaign to boycott the Abu Dhabi Islamic Bank (ADIB) over its cooperation with Israel's…

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Awards and Recognition

Bahrain, UAE and Saudi Arabia ranked in world's top five Islamic finance economies by the Islamic Development Bank

December 17, 2020

Eighth consecutive first-place ranking for Bahrain based on robust and supportive regulation and increases in number of Islamic Banking Assets…

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Awards and Recognition

QIB grants 18,000 Absher rewards points to mark Qatar National Day

December 14, 2020

Doha: Qatar Islamic Bank (QIB), the largest private Bank in Qatar, is celebrating Qatar National Day by rewarding customers with…

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Comment & Analysis

Global Islamic finance assets expected to reach $3.69 trillion in 2024

December 11, 2020

Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…

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FinTech

Emirates Islamic launches digital banking platform

December 11, 2020

Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform,…

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Islamic Finance

Global Islamic finance assets expected to reach $3.69 trillion in 2024

December 10, 2020

Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…

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Executive Moves

New Head of Marketing & Communications for Al Salam Bank

December 10, 2020

Bahrain-based Al Salam Bank recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.…

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Financial Results

GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity

December 9, 2020

The 2021 sector outlook for Gulf Cooperation Council Islamic banks is stable, reflecting a modest expected economic recovery, Fitch Ratings…

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Comment & Analysis

Global Islamic Finance Assets Expected to Hit $ 3.69 trillion in 2024

December 9, 2020

Malaysia, Indonesia, Bahrain, UAE and Saudi Arabia ranked as the top five developed countries globally in Islamic Finance; Indonesia jumped…

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