Abu Dhabi Islamic Bank signs MoU with Israel’s Bank Leumi
Abu Dhabi Islamic Bank has signed a memorandum of understanding with Bank Leumi, one of Israel’s largest banks. ADIB…
Islamic Finance
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Saudi 'proxy' Bahrain grabs $2 billion with bond comeback
Bahrain sold $2 billion in its second bond offering of the year on Wednesday, a dual-tranche issuance comprising seven-year sukuk,…
Oman plans to launch third issue of sovereign sukuk issue
Oman's Ministry of Finance announced to launch of the third issue of sovereign Islamic bonds (sukuk) denominated in Omani rials…
Emirates Islamic Bank hires banks for 5-year dollar sukuk – document
Emirates Islamic Bank has hired banks to arrange the issuance of U.S. dollar-denominated five-year sukuk, or Islamic bonds, a document…
BisB launches end-to-end account opening solution
Bahrain Islamic Bank (BisB) recently launched its new end-to-end digital service which allows individual establishments and Sijili customers to open…
KFH–Bahrain Launches A First-Of-Its-Kind Islamic Securitization Program
KFH–Bahrain, announced today the launch of a first-of-its-kind Shari’a compliant Securitization Program offering financial institutions and state-owned entities an innovative…
QIB honoured at The Asian Banker’s prestigious award ceremony
Qatar Islamic Bank’s (QIB) best-in-class services have been recognised with three prestigious awards from The Asian Banker, a leading international…
Bahrain sells $2 billion in sukuk and bonds
Bahrain sold $2 billion in its second bond offering of the year on Wednesday, a dual-tranche issuance comprising seven-year sukuk,…
The International Islamic Trade Finance Corporation and Mizuho Bank Malaysia Sign US$100 million Trade Financing Deal
The International Islamic Trade Finance Corporation signed a US$100 million Murabaha-structured line of trade finance with Mizuho Bank in Malaysia,…
Bahrain offers dollar bond, sukuk to plug growing budget gap
Bahrain started marketing a three-tranche dollar bond to help plug its budget deficit. The Gulf nation is selling benchmark-size…
Boubyan Bank Commemorates 15th Anniversary with IDEMIA’s Exclusive Metal Cards
Boubyan Bank teams up with IDEMIA to provide select customers with exclusive metal cards to mark the bank’s 15th anniversary.…
ADIB Securities receives 5-Star Brokers Excellence Rating from DFM
ADIB Securities, has received a 5-Star Brokers Excellence Rating for the year 2019 from Dubai Financial Market (DFM). Launched…