CapBay nets $7 mn to grow its Shariah-compliant supply chain finance arm
The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank...
Tag : Islamic banking
National Bank of Fujairah launches electronic trading platform NBFX
NBFX is available for both conventional and Shariah-compliant banking customers...
Sharjah Islamic Bank launches its new SIB digital account
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Sharjah Islamic Bank launches its new SIB digital account...
CIMB Bank launches its first all-digital Islamic savings account in Malaysia
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The newly launched product is called OctoSavers Account-I...
Boubyan Bank launches mobile-only Islamic bank in the UK
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Nomo provides a mobile-first banking experience for the affluent, tech-savvy customers...
UAE Islamic banks record 5% increase in assets in 2020: Central Bank
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The investment represents around 19% of the total banking assets...
ADIB launches digital platform for corporates in Iraq to meet growing business demands
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The bank wants to strengthen its presence in the Iraqi market by launching its digital platform titled ADIB Direct...
Global Islamic Finance to grow by 12% in 2021-22: S&P
The growth will be driven by increased sukuk issuance in key markets...
ADIB partners with IBM to fast track digital transformation
The partnership will help improve digital infrastructure, modernise operations and automate processes...
The quest to lead Islamic finance
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According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally...