Global Islamic Finance to grow by 12% in 2021-22: S&P
The growth will be driven by increased sukuk issuance in key markets...
Tag : Islamic banking
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
by WebAdmin
According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally...
Masraf Al Rayan and Al Khaliji agree share-swap deal
The merger will create one of the region's leading Shariah-compliant regional banks...
How is Bahrain’s Islamic finance shaping up?
It has the highest ‘concentration of Islamic financial institutions in the region’—and the most ‘comprehensive regulatory regimes for shariah-compliant activities in the world’...
Abu Dhabi Islamic Bank raises foreign ownership to 40%
Earlier, the foreign ownership limit at ADIB was set at 25%...
Indonesia’s BNI Syariah plans to expand its banking services globally
The Islamic bank plans to add overseas representative offices to run trade finance and remittance services...
ADIB: First Islamic bank to complete digital trade finance transaction
Abu Dhabi Islamic Bank completed the transaction with the help of TradeAssets, a blockchain-based trade finance emarket...
Dubai Islamic Bank to increase foreign ownership limit from 25% to 40%
The bank’s board of directors at Dubai Islamic Bank suggested the FOL changes...
Maybank Islamic launches first overseas branch in Dubai
The bank’s Dubai branch will focus on wholesale banking which includes corporate financing, treasury, capital markets and trade finance...