Faisal Islamic Bank's profit down 54% in Q1 2020
The consolidated financial results of Faisal Islamic Bank of Egypt showed a 53.6% year-on-year drop in its net profits to…
Islamic Finance
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Philippines seeks Qatari expertise in Islamic finance
The Philippines is looking to Qatar and its other partners in the Middle East as it strives to accelerate the…
QNBFS to start liquidity provision service for QIB on July 23
QNB Financial Services (QNBFS), a financial brokerage subsidiary of QNB, will start liquidity provision activity for Qatar Islamic bank (QIB)…
Islamic Financing Market to Witness Huge Growth by 2025
The latest update of Global Islamic Financing Market study provides comprehensive information on the development activities by industry players, growth…
Sukuk Market Developing Fastest in Saudi Arabia
A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017 with the aim to…
Siraj Holding completes deal for Al Hilal Bank's Islamic insurance business
Private investment firm, Siraj Holding, has officially acquired Al Hilal Takaful, the Islamic insurance business and operations of Al Hilal…
Emirates Islamic announces First Half 2020 Financial results
Emirates Islamic has announced its financial results for the half year ending 30 June, 2020. The Bank reported a…
QIB posts profit of QAR 1,426.5 Million for the six months’ period ended 30 June 2020 Total Assets reach QAR 165.8 Billion
Qatar Islamic Bank has announced the results for the six months’ period ended 30 June 2020. Net Profit attributable to…
QIB posts QR1.42bn profit in H1; total assets reach QR165.8bn
Qatar Islamic Bank recorded a net profit worth QR1.42bn in the first half of 2020, while total assets stood at…
Emirates Islamic lowers balance requirements for SMEs
Emirates Islamic has launched a digital business banking package for small and medium enterprises and start-ups, to open an account…
Turkey moving forward to broaden its Islamic finance base
The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the…
Turkey moving forward to broaden its Islamic finance base
The Covid-19 pandemic has led to a situation in Turkey which prompted economists and financial experts to think about the…