Islamic Development Bank to Raise $500m via Debut Green Sukuk
The Islamic Development Bank is planning to launch its first green sukuk this month, having finalised a Sustainable Finance Framework to help issue such...
Dubai Islamic Bank is ‘Strongest Islamic Retail Bank in the World’
For the second year in a row, Dubai Islamic Bank (DIB) was named as the Strongest Islamic Retail Bank in the World 2019, based...
Al Baraka Bank Announces Second Sukuk Issuance to Raise R400m
In another sign that Shariah-compliant investment instruments are becoming more widely adopted around the world, Al Baraka bank announced last week it would look...
Consumer Spending in Islamic Economy Sectors Totals US$2.2 Trillion
Dubai Islamic Economy Development Centre, DIEDC, has announced the results of the State of the Global Islamic Economy Report, SGIE, 2019/20.
Launched alongside the bell...
ADIB Posts a 5.2 Per Cent Increase in Q3 2019 Net...
Abu Dhabi Islamic Bank (ADIB) has posted a 5.2 per cent increase in Q3 2019 net profit and a 5.6 per cent growth for...
DIEDC, AAOIFI Ink Agreement to Collaborate on Islamic Finance Standards
The Dubai Islamic Economy Development Centre, DIEDC, and the Accounting and Auditing Organisation for Islamic Financial Institutions, AAOIFI, signed a Memorandum of Understanding, MoU,...