FeaturedIslamic BankingQatar 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
FeaturedIslamic BankingNCB 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
FeaturedIslamic BankingMasraf 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
FeaturedIslamic BankingDubai Islamic Bank sells additional $1 bn tier 1 sukukPritam BordoloiNovember 13, 2020 by Pritam BordoloiNovember 13, 2020 The bank received over $5.5 billion in orders for the debt sale... Read more
FeaturedIslamic BankingAbu Dhabi Islamic Bank raises foreign ownership to 40%Pritam BordoloiJuly 8, 2020 by Pritam BordoloiJuly 8, 2020 Earlier, the foreign ownership limit at ADIB was set at 25%... Read more
FeaturedIslamic BankingIndonesia’s BNI Syariah plans to expand its banking services globallyPritam BordoloiJune 1, 2020June 1, 2020 by Pritam BordoloiJune 1, 2020June 1, 2020 The Islamic bank plans to add overseas representative offices to run trade finance and remittance services... Read more
FeaturedIslamic BankingADIB: First Islamic bank to complete digital trade finance transactionInternational Finance Business DeskApril 17, 2020 by International Finance Business DeskApril 17, 2020 Abu Dhabi Islamic Bank completed the transaction with the help of TradeAssets, a blockchain-based trade finance emarket... Read more
FeaturedIslamic BankingDubai Islamic Bank to increase foreign ownership limit from 25% to 40%Pritam BordoloiFebruary 15, 2020February 14, 2020 by Pritam BordoloiFebruary 15, 2020February 14, 2020 The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes... Read more
Islamic BankingDubai Islamic Bank, Noor Bank agree to share-swap dealPritam BordoloiNovember 26, 2019January 24, 2020 by Pritam BordoloiNovember 26, 2019January 24, 2020 One share in Dubai Islamic Bank will be swapped for 5.49 shares in Noor Bank... Read more
Islamic BankingDubai Islamic Bank weighs in on Noor Bank acquisitionPritam BordoloiNovember 21, 2019January 24, 2020 by Pritam BordoloiNovember 21, 2019January 24, 2020 The board of directors are expected to meet on November 25 to discuss the possible acquisition... Read more