FeaturedIslamic FinanceADIB launches digital platform for corporates in Iraq to meet growing business demandsWebAdminMay 20, 2021 by WebAdminMay 20, 2021 The bank wants to strengthen its presence in the Iraqi market by launching its digital platform titled ADIB Direct... Read more
FeaturedIslamic FinanceGlobal Islamic Finance to grow by 12% in 2021-22: S&PPritam BordoloiMay 4, 2021 by Pritam BordoloiMay 4, 2021 The growth will be driven by increased sukuk issuance in key markets... Read more
BankingFeaturedADIB partners with IBM to fast track digital transformationPritam BordoloiApril 12, 2021 by Pritam BordoloiApril 12, 2021 The partnership will help improve digital infrastructure, modernise operations and automate processes... Read more
Banking and FinanceMagazineThe quest to lead Islamic financeWebAdminJanuary 25, 2021January 29, 2021 by WebAdminJanuary 25, 2021January 29, 2021 According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally... 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
Banking and FinanceMagazineHow is Bahrain’s Islamic finance shaping up?Pritam BordoloiSeptember 21, 2020September 21, 2020 by Pritam BordoloiSeptember 21, 2020September 21, 2020 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’... 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