CurrencyFeaturedUAE T-Sukuk to support Islamic finance ecosystem, investment optionsIFM CorrespondentMay 2, 2023 by IFM CorrespondentMay 2, 2023 The T-Sukuk will initially be issued with terms of 2, 3, or 5 years, with a 10-year sukuk following at a later time... Read more
FeaturedIslamic FinanceWarba Investment Management: Leading investors to success with a total portfolio approachIFM CorrespondentApril 11, 2023 by IFM CorrespondentApril 11, 2023 Warba Investment Management’s products comply with four principles: true diversification, superior skill, consistency in performance, and cost efficiency... Read more
FeaturedFintechWho dominates Middle East fintech sector regulations?International Finance Business DeskOctober 31, 2022October 31, 2022 by International Finance Business DeskOctober 31, 2022October 31, 2022 There are several aspects of the fintech business that need to be regulated... Read more
FeaturedIslamic FinanceIslamic bonds see growth amid oil price surgeIFM CorrespondentApril 4, 2022April 4, 2022 by IFM CorrespondentApril 4, 2022April 4, 2022 High oil prices are a key driver of this growth of Sukuk.... Read more
FeaturedIslamic FinanceCapBay nets $7 mn to grow its Shariah-compliant supply chain finance armIFM CorrespondentDecember 20, 2021 by IFM CorrespondentDecember 20, 2021 The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank... Read more
Islamic FinanceMagazineThe changing landscape of Islamic bondsIFM CorrespondentDecember 10, 2021December 10, 2021 by IFM CorrespondentDecember 10, 2021December 10, 2021 The global Sukuk industry is worth more than $2.4 tn and grew by 11.4% in 2019... Read more
FeaturedIslamic BankingNigeria to issue $610 mn sovereign sukuk on its domestic marketIFM CorrespondentNovember 4, 2021 by IFM CorrespondentNovember 4, 2021 The fund is being raised to finance road projects, according to the Debt Management Office... Read more
FeaturedIslamic BankingAhli United Bank Bahrain hire HSBC, JP Morgan for Sukuk saleInternational Finance Business DeskAugust 31, 2021 by International Finance Business DeskAugust 31, 2021 The bank is planning to sale US dollar-denominated five-year senior Sukuk... Read more
FeaturedIslamic BankingQatar International Islamic Bank mulls 100% foreign ownershipInternational Finance Business DeskJune 29, 2021 by International Finance Business DeskJune 29, 2021 At present, foreign investors hold 49% shares at the Qatar International Islamic Bank... Read more
FeaturedIslamic FinanceUAE Islamic banks record 5% increase in assets in 2020: Central BankInternational Finance Business DeskJune 21, 2021June 21, 2021 by International Finance Business DeskJune 21, 2021June 21, 2021 The investment represents around 19% of the total banking assets... Read more