Fitch outlines key challenges in Islamic banking’s liquidity management
As per the Fitch, gaps remain relative to conventional Islamic banks, more so in countries where these financial institutions remain niche and developing...
Tag : Islamic Banks
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...
Islamic Finance assets grew by 3.3% in 2023 in Qatar: Report
The aforementioned will make it possible to forecast the future of Islamic Finance and direct it in a way that will support its goals of social sustainability and development...
Kuwaiti Islamic banks to see improved profits despite regulatory pressure
The financial metrics of Islamic banks were resilient in the first half of 2023, benefitting from the stable operating environment...
Ahli United Bank Bahrain hire HSBC, JP Morgan for Sukuk sale
The bank is planning to sale US dollar-denominated five-year senior Sukuk...
Dubai Islamic Bank sells additional $1 bn tier 1 sukuk
The bank received over $5.5 billion in orders for the debt sale...
Abu Dhabi Islamic Bank launches third-gen eDirham cards
The cards are being launched in partnership with the Ministry of Finance...
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...
DIB becomes world’s largest Islamic bank with Noor Bank acquisition
DIB will have total assets worth Dh275 billion, making it the fourth largest bank in the UAE...
NBB to acquire 100% of Bahrain Islamic Bank’s paid up shares
On offer: Cash or a share-swap with an exchange ratio of 0.167 NBB shares per Bahrain Islamic shares...