Abu Dhabi’s Department of Energy Starts New Initiative to Boost Green...
The Department of Energy in Abu Dhabi has begun a green bonds accelerator programme with a view to establishing the emirate as a regional...
Oman Shipping Signs Sharia-Compliant Finance Deal
Abu Dhabi Islamic Bank (ADIB) has agreed to provide a US$80 million Sharia-compliant Ijara facility to Oman Shipping Company (OSC), a member of the...
Bahrain’s Mumtalakat Raises $500 Mln in Islamic Bonds
Bahrain's sovereign wealth fund Mumtalakat raised $500 million in sukuk, or Islamic bonds, on Tuesday, a document by one of the banks leading the...
First Asset-Backed $266mln Sukuk Launched in Saudi Arabia
Neo Merchants Capital launched a domiciled asset-backed Sukuk programme, the first asset-backed SAR-denominated Sukuk programme in Saudi Arabia issued by a special purpose entity...
Bahrain’s GFH Hires Banks to Market Five-Year Dollar Sukuk
Bahrain-based GFH Financial Group has hired Societe Generale and Standard Chartered to act as global coordinators and joint lead managers for the issuance of...
Kuwait Finance House Revamps Its KFH Jazeel Banking App
Kuwait Finance House (KFH), the Islamic bank in Bahrain, has revamped its mobile application KFH Jazeel Banking to enhance the integrated FinTech digital banking...