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…
Islamic Finance
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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…
Bird & Bird Hires Partner to Head Up Global Islamic Finance
International law firm Bird & Bird has appointed partner Gregory Man as the new global head of Islamic finance based…
CIBAFI Board of Directors Elects New Chairman
The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions held today, its…
Qatar Islamic Bank announces competitive Home Finance offer
Qatar Islamic Bank country’s leading shariah-compliant lender, has announced the launch of an exclusive Home Finance offer, in line with…
Egypt signs $2bn conventional, Islamic facility to finance budget deficit
Egypt’s Ministry of Finance has signed the first conventional and Islamic financing facility, worth $2bn, to finance state’s budget deficit…
Waha Capital initiates fresh income generating Islamic fund
Waha Capital has announced the launch of a new income-focused Islamic fund, adding to its three existing funds within its…
Millennium launches international operations in Dubai
News Highlights: Global Islamic financial assets reached US$2.5 trillion in 2018, of which Islamic banking assets represents 70 per cent,…
Waha Capital launches income generating Islamic Fund
Waha Capital PJSC has announced the launch of a new income-focused Islamic fund, adding to its three existing funds within…
Qatar’s Masraf Al Rayan reveals overwhelming response to its Sukuk issue
Qatar’s second-largest Islamic bank Masraf Al Rayan revealed that it’s $750mn Sukuk issuance generated overwhelming demand from global investors and…
FTSE Russell launches local currency Saudi government bond index
Global index provider FTSE Russell said on Thursday it had launched a bond index for Saudi Arabia to measure the…