Turkey’s Religious Authority Forced to Clarify Fatwa Allowing Interest-Based Loans for...
Turkey’s Directorate of Religious Affairs, the Diyanet, was recently forced to clarify its fatwa that said interest-based loans for government social housing is acceptable.
The...
Kuwait Finance House Targets $330mln Exits in 2020
Kuwait Finance House (KFH) is projected to exit non-strategic assets worth KWD 100 million during 2020, the CEO, Mazin Saad Ali Al Nahedh, disclosed...
QSE Largely Remains Flat amidst Buy Interests in Insurance and Banking
The Qatar Stock Exchange on Thursday largely remained flat amidst buying interests in the insurance and banking counters.
The non-Qatari individuals and the Gulf funds...
Abu Dhabi Islamic Bank Extends $87 Million Financing for 2 Deals...
Abu Dhabi Islamic Bank (ADIB) has provided $87 million to help finance two deals in the United Kingdom that are valued at more than...
Emirates Islamic Launches Women’s Empowerment Programme for UAE Nationals
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, today reiterated its commitment to Emiratisation with the launch of ‘Kuwati’, an...
Kuwait’s KFH Plans to Drop Assets of About 100 Million Dinars...
Kuwait Finance House (KFH), the country’s largest Islamic bank, plans to shed assets worth about 100 million dinars ($329.5 million) in 2020 as it...