Abu Dhabi Islamic Bank in talks to buy stake in Bank Syariah Indonesia
While the ADIB shares ended down 5.7%, the value of BSI shares increased by up to 50.6% to 2,620 rupiah...
Category : Islamic Banking
Malaysia’s assent as Islamic Banking Powerhouse: Meet the ventures leading the charge
In January 2024, Maybank Islamic Berhad launched the Shariah-compliant portfolio financing solution, thereby becoming the first Malaysia-based Islamic bank to do so...
Al Mustashar Islamic Bank: Fuelling Iraq’s Growth
Al Mustashar Islamic Bank's current account service provides a ‘Demand Deposit Account’ that enables customers to manage their daily financial affairs smoothly...
Gulf countries to drive Islamic banking to USD 4 trillion growth: Report
The primary obstacles to the digitalisation of Islamic banking and Islamic fintech are related to the general ignorance of Islamic products...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...
Middle East a unique ‘global sweet spot’ for merger and acquisition: Survey
Saudi Arabia is anticipating a significant increase in merger and acquisition activity in 2023...
Nigeria to issue $610 mn sovereign sukuk on its domestic market
The fund is being raised to finance road projects, according to the Debt Management Office...
National Bank of Fujairah launches electronic trading platform NBFX
NBFX is available for both conventional and Shariah-compliant banking customers...
Ahli United Bank Bahrain hire HSBC, JP Morgan for Sukuk sale
by WebAdmin
The bank is planning to sale US dollar-denominated five-year senior Sukuk...
Sharjah Islamic Bank launches its new SIB digital account
by WebAdmin
Sharjah Islamic Bank launches its new SIB digital account...