Trading, Broking & Stock Exchanges

Financial Results

Promising outlook for global Sukuk market following robust 2021

January 11, 2022

Fitch Ratings-Dubai : “Growth will be anchored by robust Islamic investor appetite, funding diversification goals, and Islamic-finance development agendas in…

Read More

Hedge Funds & Alternative Investments

Chimera Capital LLC launches Shariah-compliant exchange traded fund tracking the S&P Saudi Arabia Shariah Index

January 10, 2022

Chimera Capital LLC has announced the launch of its Chimera S&P KSA Shariah Compliant Exchange Traded Fund (Bloomberg: CHSASHIN), a…

Read More

Hedge Funds & Alternative Investments

Abu Dhabi Securities Exchange selects FTSE Russell as benchmark administrator for domestic indices

January 10, 2022

FTSE Russell has announced that it will begin providing daily index calculations on the Abu Dhabi Securities Exchange (ADX) General…

Read More

Comment & Analysis

NBE manages 51 financing deals worth over EGP 235bn in 2021

January 9, 2022

Bloomberg has announced that the National Bank of Egypt (NBE) has won the first place as the top bank acting…

Read More

Hedge Funds & Alternative Investments

Dubai's DGCX closes 2021 with total value traded worth of around $150bln

January 7, 2022

The Dubai Gold and Commodities Exchange (DGCX) today reported its full-year market statistics. During 2021, the exchange recorded a yearly…

Read More

FinTech

CBB, ALBA, Bank ABC and Onyx by J.P. Morgan complete test with blockchain based JPM coin system

January 6, 2022

As part of the Central Bank of Bahrain’s (CBB) vision to improve customer experience for safe and efficient settlement solutions,…

Read More

Awards and Recognition

NBK recognized as best trade finance provider in Kuwait

January 3, 2022

National Bank of Kuwait (NBK) was recognized as “Best Trade Finance Provider in Kuwait” for 2022 in the annual survey…

Read More

Comment & Analysis

Qatar exchange houses' foreign currency purchase, sale moderates in 2020: QCB

December 30, 2021

Purchase and sale of foreign currencies by Qatar’s exchange houses further moderated during 2020, Qatar Central Bank said and noted…

Read More

Financial Results

Turkey’s banking field registers USD5.8b of net profit

December 30, 2021

According to the Turkish banking regulator announcement on Wednesday, the country’s banking field recorded a 75.3 billion Turkish liras (USD5.8…

Read More

Comment & Analysis

Bitcoin slump? Yes, but ignore the crypto deniers

December 30, 2021

Bitcoin is likely to record its worst monthly performance since May, but you should “ignore the crypto deniers” if you…

Read More

Hedge Funds & Alternative Investments

Kuwait’s Warba Bank lists $250m sukuk on Nasdaq Dubai

December 29, 2021

Kuwait’s Warba Bank has listed its $250 million sukuk on Nasdaq Dubai, which was 4.4 times oversubscribed by investors.  …

Read More

Islamic Finance

Warba Bank lists $250m sukuk on Nasdaq Dubai

December 29, 2021

Kuwait’s Warba Bank rang the market-opening bell to celebrate the listing of its $250m perpetual Tier-1 sukuk on Nasdaq Dubai…

Read More