QIB Rolls Out Qatar’s NRGP to Support Private Sector
Qatar Islamic Bank (QIB) yesterday announced the implementation of its COVID-19 National Response Guarantees Program (NRGP), which follows the Emiri decree that supports the...
Emirates NBD and Emirates Islamic Jointly Contribute Funds to UAE Ministry...
Emirates NBD and Emirates Islamic have contributed AED 4 million (from their Charity Fund) to the UAE’s Ministry of Education in support of its...
Egypt TMG’s Awaited Sukuk Expected to Help Buoy Market Rebound
The expected upcoming issuance of the Talaat Moustafa Group’s (TMG) Sukuk, worth about EGP 2bn, is seen as a life preserver for Egypt’s financial...
Dubai Islamic Bank Discloses Dh1.55 Billion Exposure to NMC
Dubai Islamic Bank (DIB) on Sunday disclosed to the Dubai Financial Market (DFM) that it has an approximate exposure of $424 million (Dh1.55 billion)...
S&P Affirms QIB’s Rating at ‘A-/A-2′ with Stable Outlook
International credit rating agency, Standard & Poor's (S&P) has affirmed Qatar Islamic Bank's (QIB) Issuer Credit Rating at 'A-/A-2' with a Stable Outlook.
S&P, one...
COVID-19 to Impact GCC Sukuk Issuance in 2020
Islamic finance is set to keep expanding in 2020 and beyond as the GCC countries and Malaysia help drive growth in Shariah-compliant financial products;...