Bahrain’s Seef Properties Secures $11.97mln Murabaha Loan
Bahrain’s Seef Properties has entered into a Shariah compliant revolving Murabaha facility agreement with Ahli United Bank.
The facility amount is 4.5 million Bahraini dinars...
Shuaa Capital Arranges Sukuk for Gulf Navigation Holding
Shuaa Capital is working on a number of deals, including acting as lead arranger on AED 125 million Sukuk for Gulf Navigation Holding (GNH)...
ADIB First Islamic Bank to Use Blockchain for Trade Distribution
Businesses in Abu Dhabi, the capital of the United Arab Emirates’, or UAE, are increasingly embracing blockchain technology as local regulators move towards adopting...
Kuwait Financial House (KFH) Touts the Use of Ripple’s Payment Solution
A recent report revealed that the Kuwait Financial House (KFH) is touting the use of Ripple’s payment solution, alongside SWIFT for payment in 2019.
This...
ADCB to Lead NMC Health Lenders Group Formed to Hold Talks...
NMC Health Plc’s biggest creditors have set up a coordinating committee, taking a major step toward restructuring the $6.6 billion debt pile of the...
KFH Approves 20 Fils/Shr Dividends for 2019
The general assembly of Kuwait Finance House (KFH) on Monday approved the proposed cash dividend distribution of 20 fils per share or 20% of...