Global sukuk issuance down 32% in Q1 2020, recovery expected in Q3
The volumes of the global issuance of sukuk, or Islamic bonds, have nose-dived 32 per cent in the first quarter…
Islamic Finance
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Islamic finance industry charts high-tech future
“Is it halal to buy shares in Tesla?” a young Muslim would-be investor asks on Twitter. Islamic finance —…
Kuwait Finance House postpones AUB deal process until December
Kuwait Finance House has agreed to postpone finalising its acquisition of Bahrain's Ahli United Bank until December due to the…
Al Salam Bank announces the appointment of Chairman of the Board of Directors
Al Salam Bank-Bahrain has announces the appointment of H.E. Shaikh Khalid Bin Mustahail Al Mashani, as the Chairman of the…
Islamic finance charts high-tech future
“Is it halal to buy shares in Tesla?” a young Muslim would-be investor asks on Twitter. Islamic finance -…
GCC banking sector may see a ‘second wave’ of M&A, says S&P Global Ratings
The GCC region may see a “second wave” of mergers and acquisitions, S&P Global Ratings said, and noted that it…
Blockchain paves the way for genuine innovation in Islamic finance
With the coronavirus continuing to ravage the world and close to a fifth of the world’s population — or 1.5bn…
Blockchain paves the way for genuine innovation in Islamic finance
With the coronavirus continuing to ravage the world and close to a fifth of the world’s population — or 1.5bn…
Sharjah Islamic Bank introduces new and upgraded ATMs
Sharjah Islamic Bank recently signed an agreement with CNS Middle East and global company Diebold Nixdorf, to enhance customer experience…
Dubai Islamic Bank discloses Dh1.55 billion exposure to NMC
Dubai Islamic Bank on Sunday disclosed to the Dubai Financial Market that it has an approximate exposure of $424 million…
International Islamic Trade Finance Cooperation provides US$850 million for COVID-19 Emergency Interventions for Organization of Islamic Cooperation (OIC) Member Countries in Most Need
Societies and economies are being affected by the unprecedented and unpredictable nature of the COVID-19 pandemic. These include a major…
Bahraini court's ruling against Iranian Bank lacks legal value: FM Spokesman
Spokesperson for the Ministry of Foreign Affairs of the Islamic Republic of Iran has decried the Bahraini government’s ruling against…