Middle East and North Africa

Middle East and North Africa

Bahrain Islamic Bank Inks Fontana Project Finance Deal

Bahrain Islamic Bank (BisB) said it has signed a joint venture agreement with Royal Ambassador Property Management, a real estate property management company to...

Abu Dhabi’s ADCB in Merger Talks with UNB and Al Hilal...

Abu Dhabi Commercial Bank, the second largest lender in the emirate, is exploring the possibility of a merger with rival Union National Bank and...

National Bank of Fujairah Launches Mudaraba Products with Competitive Profit Rates

  National Bank of Fujairah (NBF) PJSC announced the expansion of its NBF Islamic portfolio by launching a suite of savings products based on the...

The Rise of Robo-Advisors: The End for Wealth Management Firms?

Investing one’s hard-earned money has always been a personal affair, one that comes with a lot of responsibility and consideration. To meet this demanding...

Islamic Insurance Market Report Status and Forecast Explored in Latest Research

Islamic finance has grown rapidly, with the trend expecting to continue. Although the concept has been around for much longer, Islamic finance only attained...

Saudi Sells 4 Billion Riyals of Domestic Sukuk

The Kingdom’s finance ministry sold SAR 2.25 billion of five-year Sukuk, SAR 500 million of seven-year Sukuk, and SAR 1.25 billion of 10-year Sukuk. Saudi...