Islamic
Sukuk bond issuance: Cabinet rejects placement of F-9 Park as guarantee
Staff Reporter Islamabad The federal cabinet has rejected the Ministry of Finance summary for placement…
Bank Nizwa appoints new chairman of Shari’a supervisory board
Muscat Recognized as the only listed fully-fledged and most trusted Islamic bank in Oman, Bank…
Stable outlook for GCC banks; but profits under pressure again: Fitch
Fitch Ratings expects to see positive real GDP growth in most GCC countries which should…
Verofax is the Winner of Bahrain Islamic Bank’s ‘BisB Innovation Challenge’
Bahrain Bahrain Islamic Bank (BisB), a leading Bank in the Arab Gulf region, has announced…
QIB voted ‘Best Islamic Bank in Qatar’
Doha For the second consecutive year, Qatar Islamic Bank (QIB) has been recognised as…
Emirates Islamic moves to loss in 2020
Dubai Emirates Islamic Bank turned to a net loss of AED 482 million in…
Faisal Bank of Egypt profit falls 23.8%
Cairo Faisal Islamic Bank of Egypt reported a 23.8% Year on Year decline in…
Indonesia could be Asia’s next Islamic finance hub
Jakarta Indonesia ended 2020 with record highs in Islamic finance development, with the State of…
Mambu, Ta3meed partner to develop Islamic fintech in Kingdom
Riyadh Mambu, a pure SaaS banking platform, and Ta3meed, an Islamic fintech in trade…
Sharjah Islamic Bank achieves net profit of $110.5m for 2020
Sharjah Sharjah Islamic Bank has reported an increase in its operating profits before provisions by…



















