islamicbanking
Al Baraka Banking Group records a net profit of US$ 26 million attributable to shareholders, for the first quarter of 2021
MANAMA: The Bahrain headquartered leading Islamic banking multinational, Al Baraka Banking Group BSC (ABG), which is traded at Bahrain Bourse and Nasdaq Dubai (under the…
South and Southeast Asia a bright growth spot for Islamic banking, says Moody’s
SELANGOR: Growth prospects for Islamic banking will remain strong in South and Southeast Asia (SEA) over the long term with demand expected to be driven…
Millennium launches international operations in Dubai to support $2.5 trillion global Islamic finance sector
DUBAI: Millennium Information Solution FZ-LLC a well-reputed core banking solutions provider for the US$2.5 trillion(Dh9.1 trillion) global Islamic finance sector, has recently launched its international…
Corporate sukuk to grow slow in 2020
KUALA LUMPUR: Domestic corporate sukuk are in a better position than during the global financial crisis or the Asian financial crisis supported by moderately leveraged…
KFH wins ‘Best Bank in Kuwait’ Award 2019
KUWAIT: Kuwait Finance House (KFH), the world leading Islamic financial institution, won the Euromoney Award for Excellence Country 2019 – Best Bank in Kuwait. KFH…
3rd China-UAE Conference on Islamic Banking & Finance to explore potential for participative economy
DUBAI: Hamdan Bin Mohammed Smart University (HBMSU) has reaffirmed its commitment to building bridges of knowledge, cultural, and economic exchange with China by organizing the…
CIMB clinches 12 prestigious awards at The Asset Triple A Islamic Finance Awards 2018
KUALA LUMPUR: CIMB Group (CIMB) garnered 12 notable awards at The Asset Triple A Islamic Finance Awards 2018 including ‘Sukuk Adviser of the Year in…
Abu Dhabi Islamic Bank appoints Serhat Yildirim as Chief Digital Officer
ABU DHABI: Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has appointed Serhat Yildirim as its new Chief Digital Officer. This comes as part…
Meethaq trains over 10000 students in ‘Little Investor’ programme
MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, in step with the bank’s vision ‘To serve you better, everyday’ and commitment…
Meethaq Sharia’a board reviews growth strategy
MUSCAT: The Sharia’a supervisory board of Bank Muscat’s Meethaq Islamic Banking window held its first meeting of 2018 under the chairmanship of Sheikh Dr Ali…
Islamic Finance Knowledge Program Highlights Business Opportunities to Entrepreneurs in Oman
MUSCAT: As part of their Islamic finance knowledge program, Bank Nizwa, Takaful Oman Insurance and Al Kawthar fund organized their latest workshop in Sohar to…
Bank Muscat’s Meethaq exceeds target of 5000 students in ‘Little Investor’ programme
MUSCAT: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, has achieved a milestone exceeding the number of school students targetted for financial…
BTMU provides $353m Islamic loan to Malaysian Saudi Telecom unit
TOKYO: The Bank of Tokyo-Mitsubishi UFJ has provided an Islamic syndicated loan to a Malaysian affiliate of Saudi Arabia’s state-owned telecom company, Saudi Telecom. The…
Bank Dhofar’s Maisarah conducts training session on Islamic banking
MUSCAT: With the aim of enhancing its employees understanding to Sharia related matters and to provide a greater insight into Islamic finance topics, Bank Dhofar’s…
Alizz Islamic Bank wins best sukuk deal of the year award at GIFA 2017
MUSCAT: Alizz Islamic Bank recently won the award for ‘Best Sukuk Deal 2017’ at the seventh Global Islamic Finance Awards 2017 (GIFA) held in Astana,…
Trustbank Amanah, the first Islamic Bank in Suriname and region, to play an important role in the development of entrepreneurship and economic growth
PARAMARIBO: Islamic banking has made its entry in Suriname with the approval of the Central Bank of Suriname (CBvS) for Islamic products and services in…
Dubai Islamic Bank Wins Four Accolades at Islamic Business and Finance Awards 2017
DUBAI: Dubai Islamic Bank (DIB), the largest Islamic Bank in the UAE, picked up four major awards at the Islamic Business and Finance Awards 2017,…
Islamic banking sector growing at faster pace: SBP
FAISALABAD: A State Bank of Pakistan (SBP) officer said that Islamic Banking is yet another sector which is growing at a much faster pace. “We…
Shortage of experts in Islamic banking and finance remains a challenge
BRUNEI DARUSSALAM: More local Islamic banking and finance experts are needed to produce industry-ready professionals to fuel the country’s economy and realise its aspiration of…
Malta positions itself as new centre for Islamic finance in EU
VALLETTA:The small European island of Malta in the recent past quietly opened its doors to Islamic banking and finance in an attempt to take on…
More non-Muslims in the UAE turning to Islamic banking – survey
DUBAI: UAE consumer uptake and perception of Islamic banking products and services has risen for the third consecutive year, according to the 2017 Islamic Banking…
