Egypt: Faisal Islamic Bank’s consolidated drop 78.6% YoY in H1 2025
Faisal Islamic Bank’s consolidated net profits after tax and non-controlling interest plunged by 78.59% year on year (YoY) in the…
Islamic Finance
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Sohar International & Sohar Islamic introduce new housing finance product for GCC nationals and expatriates
In line with its commitment to providing affordable and accessible financial solutions, Sohar International and its Islamic banking Window –…
Al Baraka Islamic Bank signs strategic partnership with “Dhaman”
Al Baraka Islamic Bank Bahrain, one of the leading Islamic banks in the Kingdom of Bahrain, has recently announced the…
Al Baraka Islamic Bank returns to Q2 profitability
Al Baraka Islamic Bank has announced its financial results for the second quarter of 2025, recording a notable turnaround from…
ADIB Capital launches ADIB Islamic Trade Opportunities Fund
ADIB Capital Limited, a wholly owned subsidiary of Abu Dhabi Islamic Bank PJSC, located in DIFC and regulated by the…
GCC ties to propel ASEAN Islamic finance past $1tn, Fitch says
The Islamic finance industry in the Association of Southeast Asian Nations is set to exceed $1 trillion in assets by…
Dubai Islamic Bank surpasses $100b in assets on strong H1 growth
Dubai Islamic Bank delivered another strong performance in the first half of 2025, achieving a 16 per cent year‑on‑year rise…
IsDB drives development across over 2 percent of world’s countries
A year after marking its 50th anniversary, the Islamic Development Bank remains at the forefront of global development finance, recognized…
Solidarity Bahrain raises BD 12mln through preference share issuance
Solidarity Bahrain B.S.C., a leading Islamic insurance provider, has successfully raised BD 12 million through the issuance of Bahrain’s first…
Backbase, the global leader in AI-powered banking technology, today announced the recent
Backbase, the global leader in AI-powered banking technology, today announced the recent successful platform launch of Libyan Islamic Bank (LIB),…
QIIB wins 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar
QIIB has been awarded the 2025 “Leadership Award for Sustainable Islamic Finance” in Qatar by the Union of Arab Banks…
Amlak Finance announces early and full settlement of outstanding financing facilities
Amlak Finance PJSC has announced its early and full settlement with the financiers, a pivotal achievement that underscores its financial…