Qatar Islamic Bank Supports Qatar Charity’s Food Basket Project
As part of its Corporate Social Responsibility (CSR) program, focused on benefiting the society, Qatar Islamic Bank (QIB) is sponsoring Qatar Charity’s project to...
First Centralized VAT Solution for Islamic Banking Transforms Financial Services Sector
A strategic collaboration between Thomson Reuters, a global leader in tax technology solutions delivered through its ONESOURCE portfolio, and Path Solutions, a provider of...
BIBF and Cogneum Developing Platform to Converge Shariah Governance and UN...
The Bahrain Institute of Banking and Finance (BIBF) is working with UK-based developer Cogneum and their Middle East and Africa partner Innosoft Solutions on...
Emirates REIT Seeking Legal Action Over ‘Abusive Market Practices’
Dubai-based sharia-compliant real estate investment trust, Emirates REIT, has said it has discovered evidence of “abusive market practices” by certain market participants and has...
Kuwait’s Equate Petrochemical to Issue Bonds as Soon as This Week
Kuwait’s Equate Petrochemical Co plans to issue U.S. dollar bonds and sukuk as early as Tuesday, four sources familiar with the matter said, reviving...
First Takaful Completes Exit from Turkey’s Neova Sigorta
First Takaful Insurance (FTI) has completed all procedures to sell its 35% stake in Turkey’s Neova Sigorta Insurance Company, a sister company, for around...