New Head of Marketing & Communications for Al Salam Bank
Bahrain-based Al Salam Bank recently announced the appointment of Mahmood Qannati, as Head of the Bank’s Marketing & Communications department.…
Islamic Finance
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GCC Islamic banks' pressured asset quality and earnings; stable capital and liquidity
The 2021 sector outlook for Gulf Cooperation Council Islamic banks is stable, reflecting a modest expected economic recovery, Fitch Ratings…
Global Islamic Finance Assets Expected to Hit $ 3.69 trillion in 2024
Malaysia, Indonesia, Bahrain, UAE and Saudi Arabia ranked as the top five developed countries globally in Islamic Finance; Indonesia jumped…
Qatar bourse witnesses modest buying in Islamic equities
The Qatar Stock Exchange on Wednesday witnessed modest buying in Islamic equities and five of the seven sectors were under…
7 things to watch on Tadawul today
Here are a few things you need to know as Saudi stocks start trading on Wednesday. 1) The Capital…
Al Baraka Banking Group EGM approves initiation of the license conversion of its Bahrain-based parent company
Al Baraka Banking Group B.S.C., has successfully concluded an Extraordinary General Meeting of its shareholders, which approved the recommendation of…
Financing agreement between the Islamic Corporation for the Development of the Private Sector and CBI – Burkina Faso
The Islamic Corporation for the Development of the Private sector, the private sector arm of the Islamic Development Bank, and…
Saudi's Alkhabeer eyes $266mln for new fund, subscription starts in December
Saudi Arabia’s Alkhabeer Capital, an Islamic investment and advisory firm, has launched the subscription for its new fund, which it…
Islamic banking gains prominence in the UAE
Islamic banking is gaining traction in the UAE in terms of progress, penetration and perception according to the latest Islamic…
Islamic banks urged to push digital services as UAE demand dips
Islamic banks in the UAE are being urged to double up on their digital transformation plans as the demand for…
ADIB Securities reports strong US share trading amid market volatility
ADIB Securities, has reported strong transaction volumes on its US trading platform during the first 9 months of 2020 compared…
Qatar Islamic Bank launches new features on mobile app
Qatar Islamic Bank has introduced new features to its mobile app, letting customers instantly manage and control their credit and…