OAB merger with Alizz on track
Consolidation in the Omani banking sector is a crucial need of the hour so that the sector could grow and…
Islamic Finance
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QIB retains Best Islamic Bank in The Middle East and Qatar position from The Banker Magazine
Qatar Islamic Bank continues to demonstrate its commitment to service excellence and growth by retaining its leading position in the…
Emirates NBD Capital successfully closes Islamic Development Bank (IsDB)'s landmark USD 1.5 billion sustainability Sukuk
Emirates NBD Capital Limited has successfully closed Islamic Development Bank (IsDB)’s first ever USD Sustainability Sukuk. The bank acted…
Qatari Islamic lenders outweigh conventional banks in first quarter
GCC Islamic banks continued to outweigh their conventional counterparts in a number of metrics in the first quarter of 2020.…
UAE- Sharjah Islamic Bank successfully prices $500m sukuk
Sharjah Islamic Bank has priced a $500 million 5-year long sukuk, with a profit rate of 2.85 per cent per…
Mobile banking top tech adopted by Islamic banks
Mobile banking/payments ranked the top adopted technology by Islamic banks according a survey conducted by the General Council for Islamic…
Path Solutions tops IBS Islamic Sales League Table 2020
Kuwait-based Path Solutions, a global banking software provider, was announced by IBS Intelligence as the leader in the Islamic financial…
QIB's outstanding banking services known by The Asian Banker with significant awards
Qatar Islamic Bank's (QIB) best-in-class services have been recognized with three extraordinary and important prizes from The Asian Banker, a…
Islamic finance to grow at slower pace in 2020-21: S&P
The global Islamic finance industry will show at best stable total assets or low-single-digit growth in 2020-2021 after strong performance…
Islamic banking software market maintains strong growth momentum
The global market for Islamic banking software is poised to grow by $416.83mn over the period from 2020 to 2024…
New platform using data technology blockchain may boost GCC sukuks, says S&P report
The new platform for sukuk issuance and management using data technology blockchain could boost GCC issuance volumes over time, S&P…
Turkey's Erdogan says Islamic economy can pull world 'out of crisis'
Turkey's President Recep Tayyip Erdogan on Sunday said Islamic economic system is the key to "getting out of crisis" as…