Middle East and North Africa

Middle East and North Africa

CBB Sukuk Al-Salam Securities Oversubscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the Sukuk Al-Salam Islamic securities has been oversubscribed by 295%. Subscriptions worth BD...

Limited Time Personal Finance Offer from KFH-Bahrain

KFH-Bahrain, a leading Islamic bank in the Kingdom of Bahrain, has launched a limited time campaign for their Personal Finance product offering a very...

Dubai Islamic Bank Shareholders Approve 35 Per cent Dividend

Dubai Islamic Bank (DIB) announced that Annual General Meeting (AGM) has approved the bank’s 2019 financial statements and other tabled resolutions, closing another year...

Kuwait Real Estate Sector Saw Solid Growth in 2019 – KFH...

Kuwait’s real estate sector has witnessed solid growth in 2019, with the value of transactions hitting $12.04 billion, the second highest in the last...

Aldar to Invest AED 2mn in Abu Dhabi’s First Social Impact...

The Authority of Social Contribution – Ma’an and Aldar have signed a strategic agreement that will see both organizations address priority social challenges through...

Gov’t to Issue $720m Murabaha Sukuk

The government plans to sell 110 trillion rials ($720 million) in Murabaha Sukuk on Sunday to fund administrative bodies wanting to purchase goods and...