Middle East a unique ‘global sweet spot’ for merger and acquisition: SurveyIFM CorrespondentApril 13, 2023April 13, 2023 by IFM CorrespondentApril 13, 2023April 13, 2023 Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023... Read more
Nigeria to issue $610 mn sovereign sukuk on its domestic marketIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The fund is being raised to finance road projects, according to the Debt Management Office... Read more
National Bank of Fujairah launches electronic trading platform NBFXIFM CorrespondentSeptember 20, 2021 by IFM CorrespondentSeptember 20, 2021 NBFX is available for both conventional and Shariah-compliant banking customers... Read more
Ahli United Bank Bahrain hire HSBC, JP Morgan for Sukuk saleWebAdminAugust 31, 2021 by WebAdminAugust 31, 2021 The bank is planning to sale US dollar-denominated five-year senior Sukuk... Read more
Sharjah Islamic Bank launches its new SIB digital accountWebAdminAugust 17, 2021August 18, 2021 by WebAdminAugust 17, 2021August 18, 2021 Sharjah Islamic Bank launches its new SIB digital account... Read more
CIMB Bank launches its first all-digital Islamic savings account in MalaysiaWebAdminAugust 6, 2021 by WebAdminAugust 6, 2021 The newly launched product is called OctoSavers Account-I... Read more
Boubyan Bank launches mobile-only Islamic bank in the UKWebAdminJuly 15, 2021 by WebAdminJuly 15, 2021 Nomo provides a mobile-first banking experience for the affluent, tech-savvy customers... Read more
Qatar International Islamic Bank mulls 100% foreign ownershipWebAdminJune 29, 2021 by WebAdminJune 29, 2021 At present, foreign investors hold 49% shares at the Qatar International Islamic Bank... Read more
NCB to raise more funds through dollar-denominated sukukPritam BordoloiJanuary 18, 2021 by Pritam BordoloiJanuary 18, 2021 NCB said that the number and value of any sukuk to be offered will be determined based on market conditions... Read more
Masraf Al Rayan and Al Khaliji agree share-swap dealPritam BordoloiJanuary 11, 2021 by Pritam BordoloiJanuary 11, 2021 The merger will create one of the region's leading Shariah-compliant regional banks... Read more