Sharjah Islamic Bank Opens New Office at Al Qasimia University
Sharjah Islamic Bank (SIB) recently opened a new office at Al Qasimia University (AQU), to expand its reach and offer greater accessibility to the...
Aramco Raises $6bn through First US Dollar Sukuk Sale
Saudi Aramco, the world's largest oil-exporting company, raised $6 billion through its first US dollar-denominated sukuk issue.
The company raised $1bn through the issue of...
Fitch Revises Al Rajhi Banking and Investment Corporation’s Outlook to Stable
Fitch Ratings agency has revised Al Rajhi Banking and Investment Corporation's (ARB) Outlook to Stable from Negative, while affirming the bank's 'A-' Long-Term Issuer...
ADIB Wins “Outstanding Crisis Finance Innovations 2021 Award” by Global Finance...
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution, has been recognised for its extraordinary response in supporting its customers during Covid-19 and...
AlHuda CIBE, ADB and BSEC Jointly Conducted Sukuk Workshop
AlHuda CIBE arranged a large-scale Training on Sukuks on behalf of the Bangladesh Securities of Exchange Commission (BSEC) and Asian Development Bank (ADB) for...
DIB Successfully Closes Lowest Priced USD 1 Billion Senior Sukuk
Dubai Islamic Bank PJSC (“DIB”), rated A3 by Moody's and A by Fitch today successfully priced a landmark USD 1,000 million 5 year Sukuk...