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…
Islamic Finance
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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…
Al Baraka Banking Group holds its Second Annual Forum for the Shari'a departments of its Units world wide
Al Baraka Banking Group has held its Second Annual Forum for the Shari’a departments of the Group’s units around the…
QIIB wins ‘Qatar’s Most Innovative Islamic Retail Bank’ award for 2nd year
QIIB has been chosen for ‘Qatar’s Most Innovative Islamic Retail Bank’ award 2020, instituted and granted annually by the Islamic…
King Abdullah Economic City signs a financing agreement with SABB
King Abdullah Economic City has announced the signing of a cooperation agreement with the Saudi British Bank (SABB), which aims…
Campaign to boycott UAE bank over ties to Israel
Activists on Wednesday launched an online campaign to boycott the Abu Dhabi Islamic Bank (ADIB) over its cooperation with Israel's…
Bahrain, UAE and Saudi Arabia ranked in world's top five Islamic finance economies by the Islamic Development Bank
Eighth consecutive first-place ranking for Bahrain based on robust and supportive regulation and increases in number of Islamic Banking Assets…
QIB grants 18,000 Absher rewards points to mark Qatar National Day
Doha: Qatar Islamic Bank (QIB), the largest private Bank in Qatar, is celebrating Qatar National Day by rewarding customers with…
Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…
Emirates Islamic launches digital banking platform
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has launched “businessONLINE” a digital business banking platform,…
Global Islamic finance assets expected to reach $3.69 trillion in 2024
Global Islamic finance assets are expected to reach $3.69 trillion by 2024, states the 2020 Islamic Finance Development Report released…