Islamic Finance Development Indicator (IFDI) 2019 Witnesses Shifting Dynamics in Islamic...
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector development arm of the Islamic Development Bank (IsDB) and Refinitiv,...
Islamic Development Bank, Turkey to Expand Cooperation
The Islamic Development Bank (IsDB) Group will expand its cooperation with Turkey through major transactions worth more than $500 million in Istanbul next week.
The...
SABB and HSBC Complete First Blockchain Trade Transaction in Saudi Arabia...
SABB and HSBC have for the first time used blockchain technology in Saudi Arabia and Bahrain to finance international trade. The move puts Saudi...
Saudi Mall Operator Arabian Centres Starts Marketing Debut Dollar Sukuk
Saudi mall operator Arabian Centres started marketing on Tuesday its debut five-year U.S. dollar-denominated sukuk, or Islamic bonds, a document by one of the...
Wethaq Launches First ‘Fintech’ Sukuk on Its Market Infrastructure using SWIFT...
Today, Wethaq announced that it has issued the first pilot Sukuk on its securities market infrastructure for the Islamic capital markets under the supervision...
Dubai Islamic Bank Closes Landmark $750 Million Sukuk
Dubai Islamic Bank PJSC, DIB, successfully closed a US$%750 million 5-year Sukuk with a profit rate of 2.950 percent per annum, which is equivalent...