Sukuk issuance rises by 13.1% in GCC, Saudi Arabia leads the show
The Middle East witnessed a significant 13.1% hike in its Sukuk issuance, driven by strong local-currency borrowing in Saudi Arabia...
Tag : Islamic banking
Despite a productive Q1, Iran war looms large on Islamic banking
The ongoing geopolitical instability has resulted in GCC sukuk issuers from Qatar and the UAE being put on Fitch Ratings' Rating Watch Negative list...
Islamic syndicated financing rises amid Iran war, says Fitch
As per Fitch, Islamic syndications now make up half of all the syndication issuance in the Gulf region...
UAE, Philippines target Islamic banking growth
While the UAE has consolidated its position in the Islamic banking space, the Philippines has been opening up the sector to its domestic economy...
Malaysia’s Islamic finance landscape remains resilient: AIBIM
As per AIBIM, Islamic finance players in Malaysia are also advancing value-based intermediation to deliver sustainable and inclusive outcomes...
Islamic banking in Africa: Gulf actors follow different paths
Discussing Islamic banking's growth in Africa, Saudi Arabia is also playing an important role...
Mobilink Bank launches Islamic banking subsidiary in Pakistan
by WebAdmin
Mobilink Bank received its Islamic Banking licence from the State Bank of Pakistan in 2025 itself...
Oman’s Islamic banking assets surge 17% to USD 22.3 billion in 2024
According to CBO, the Islamic banking sector in Oman has been steadily growing, which is indicative of the growing demand for financial services that adhere to Shariah and its role in the nation's banking sector...
S&P, FTSE reports bring cheers for UAE as Islamic Finance witnesses further growth
Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...
Our clients’ financial well-being is important: Absa Islamic Banking Head Shaheen Suliman
Absa Islamic Banking was recently recognised as the 'Best Islamic Banking Window - South Africa' for 2024...