Islamic FinanceIslamic financial assets grow over $2 tn globally: IMFPritam BordoloiOctober 9, 2019 by Pritam BordoloiOctober 9, 2019 Almost 85% of these assets are from the banking sector... Read more
Islamic BankingMIDF to own 60% stake in the proposed merger with Al RajhiPritam BordoloiSeptember 27, 2019December 2, 2019 by Pritam BordoloiSeptember 27, 2019December 2, 2019 After the successful completion of the deal, MIDF would transform into an Islamic bank... Read more
Islamic BankingQatar to centralise Islamic finance sector regulationInternational Finance DeskAugust 16, 2019March 18, 2020 by International Finance DeskAugust 16, 2019March 18, 2020 Qatar is following the examples of Malaysia, Indonesia, and a few other GCC countries... Read more
Islamic BankingNoor Bank customers can buy Sharia products using credit cardsInternational Finance DeskAugust 1, 2019 by International Finance DeskAugust 1, 2019 Noor Bank and National Bonds sign a strategic deal to reduce impulse purchase behaviour at stores through the new scheme... Read more
Islamic BankingDubai’s Noor Bank net profits surge 29% to Dh410 mn in H1International Finance DeskJuly 25, 2019December 23, 2019 by International Finance DeskJuly 25, 2019December 23, 2019 Noor Bank’s rise in revenue is attributed to its income generated from net financing, investments and non-funded income... Read more
Islamic BankingDubai Islamic Bank to become top Shariah bank with Noor acquisitionInternational Finance DeskJune 10, 2019 by International Finance DeskJune 10, 2019 DIB will become one of the largest Islamic banks in the world with combined assets worth $76 billion... Read more
Islamic BankingMaybank to establish link between GCC, ASEAN for islamic bankingInternational Finance DeskJune 7, 2019 by International Finance DeskJune 7, 2019 The bank will create the link between the two regions after it starts operations in Dubai branch this year... Read more
Islamic BankingHow Islamic Finance and Investment Limited is changing finance in BangladeshInternational Finance DeskMay 14, 2019 by International Finance DeskMay 14, 2019 MD A Z M Saleh says that the company is committed to making Islamic financial services accessible through its new Sharia-compliant products... Read more
coverstoryMagazineMay-June 2019Why Islamic banking is growing faster than conventional banking in Oman?International FinanceMay 14, 2019December 9, 2019 by International FinanceMay 14, 2019December 9, 2019 While the Sultanate’s late adoption Islamic banking helped it to learn from others, it also had three key advantages... Read more
Islamic BankingWIBC announces 25th edition in strategic partnership with the Central Bank of BahrainInternational Finance DeskAugust 14, 2018 by International Finance DeskAugust 14, 2018 Over 1200 global industry powerhouses, policy makers, innovators and stakeholders will converge for the three-day long forum... Read more