Islamic
City Bank executes cross-border Shariah-based blockchain LC transaction
Dhaka City Bank executed a cross-border Letter of Credit (LC) transaction under a Shariah-based financing…
Bank Nizwa signs financing agreement for construction of Arab Open University campus
Muscat Bank Nizwa, Oman’s leading and most trusted Islamic bank, recently signed an agreement with…
Al Baraka Islamic wins top retail banking awards
Manama Bahrain-based Al Baraka Islamic Bank (AIB)has been awarded the ‘Best Islamic Retail Bank for…
Islamic finance assets projected to reach $3.69trn by 2024
Abuja Social distancing, resulting from the Coronavirus pandemic, is likely to be the catalyst for…
Russia’s Sberbank upbeat about its Islamic finance record
Moscow Sberbank’s business areas include Islamic finance, and Russia’s biggest lender has shown good performance…
HBL Islamic Banking, Dolmen Group join hands Indonesian
Staff Reporter Karachi HBL Islamic Banking and Dolmen Group recently entered into a strategic partnership,…
CIRA gets Egypt FRA’s approval for $38.14m sukuk issuance
Cairo The Egyptian Financial Regulatory Authority (FRA) gave the greenlight to EFG Hermes Sukuk Co…
BML Islamic introduces Green Financing options
Malé Bank of Maldives (BML)’s Islamic branch has introduced Green Financing for individuals and businesses…
BankIslami sign MoU with PMRC
Staff Reporter Karachi BankIslami Pakistan Limited, one of the country’s leading Islamic banks with a…
Islamic finance moved further into mainstream
Dhaka This year, Islamic finance made much headway in Bangladesh, one of the Muslim-majority nations:…
