Top 20 Middle East and Africa banks by market cap, Q2 2025
Banks in the United Arab Emirates and Israel recorded the highest quarter-over-quarter increase in market capitalization among peers in the…
Islamic Finance
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New Milestone for Al Baraka Bank Egypt: Four prestigious awards from EMEA Finance Cement its leadership in Islamic Finance
In a new achievement that reinforces Al Baraka Bank Egypt’s leadership in offering innovative Sharia-compliant financial solutions and reflects the…
Central Bank suspends new Islamic banking customers at UAE bank, imposes Dh3.5 million fine
The Central Bank of the UAE ordered a six-month suspension on new customer onboarding through the Islamic Window of a…
BIBF launches a new series of professional micro-credentials in Islamic finance
In line with efforts to strengthen Bahrain’s position as a leading hub for Islamic banking and finance, the Bahrain Institute…
ADIB participates in the “Midday Break” initiative in collaboration with the Ministry of Human Resources and Emiratisation
Aligned with UAE’s Year of Community and ADIB’s broader ESG commitment to worker welfare Abu Dhabi Islamic Bank in collaboration…
Leonteq partners with Emirates Islamic on Shari’a products
Leonteq has formed an agreement with Emirates Islamic to provide Shari’a-compliant structured investment products, ushering in a new chapter in…
NBO Muzn Islamic Banking expands presence with new branch in Al Musannah
As part of our ongoing efforts to enhance accessibility and bring Islamic banking services closer to customers, NBO Muzn Islamic…
Islamic finance assets up 4.1% in 2024, reaching QR683bn
The Qatari economy sustained its growth within expected parameters during 2024, notwithstanding global volatility and the persistent challenges of inflation…
Emirates Islamic to delist from DFM on June 10
Emirates Islamic Bank has started the process to delist from the Dubai Financial Market (DFM) following its acquisition by Emirates…
Saudi National Bank issues 5-year riyal sukuk worth $461mln at 6%
Saudi National Bank issued 1.73 billion Saudi riyals ($461.3 million) in SAR-denominated Additional Tier 1 sukuk at a profit rate…
Dubai Islamic Bank launches third cohort of Emirati Development Program
Dubai Islamic Bank, the largest Islamic bank in the UAE, has launched the third cohort of its Emirati Development Program,…
QIB Named Islamic Bank of the Year in the Middle East by The Banker
Qatar Islamic Bank has been named Islamic Bank of the Year in the Middle East by The Banker (Financial Times…