Saudi Arabia Raises More than SR15bn in Bond Sale
Saudi Arabia has sold more than SR15 billion in Islamic bonds, as the Kingdom seeks to develop its local debt market.
The Kingdom’s Finance Ministry...
Islamic Finance Bodies to Assess Coronavirus Damage on Industry
As the coronavirus keeps spreading globally and leaves a swath of economic disruption on its way, several Islamic finance umbrella organizations have started assessing...
ITFC is Largest Islamic Finance Bookrunner and Mandated Lead Arranger –...
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, ranked 2nd globally and as well in Europe, Middle...
KFH-Bahrain Defers Payment of Installments Without Charges for Six Months
Kuwait Finance House – Bahrain, a leading Islamic bank and major contributor to the development of Bahrain’s Islamic financial services sector, has announced postponing...
ADIB Contributes AED 25 million to the “Together We Are Good”...
Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has announced contributing AED 25 million to Ma’an’s ‘Together We Are Good’ programme, designed to...
Turkish Participation Banks Outpace Conventional Banks in Segment Growth: Fitch
Fitch Ratings report says the growth in Turkish participation banking has surpassed the growth of conventional banks in recent years, despite the increasing volatility...