The quest to lead Islamic finance
According to the IFDI index, Bahrain ranks third, while the UAE and the Kingdom of Saudi Arabia follow in fourth and fifth positions globally...
Tag : Islamic Finance
Dubai Islamic Bank sells additional $1 bn tier 1 sukuk
The bank received over $5.5 billion in orders for the debt sale...
ZamZam Bank obtains licence to become Ethiopia’s first Islamic bank
Developments in the Islamic finance segment can help the economy to boost its financial inclusion...
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’...
Riyad Bank plans early redemption of $1.06 billion sukuk due in 2025
The bank has received regulatory approval for its sukuk redemption...
GFH Financial lists $300 mn Sukuk on Nasdaq Dubai for further expansion
The listing will give GFH a competitive advantage as it forays into the international debt capital markets...
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...
First Abu Dhabi Bank sells sterling-denominated bonds worth $584 mn
FAB’s issuance becomes the Middle East’s largest sterling-denominated bond in ten years...
Al Wateen: A unique digital factory in the Kuwait Islamic banking sector
Kuwait’s Warba Bank is pioneering digital banking innovation in the Gulf countries with an in-house centre to develop exclusive digital products and services...
Dubai Islamic Bank weighs in on Noor Bank acquisition
The board of directors are expected to meet on November 25 to discuss the possible acquisition...