Saudi Arabia Sells $2.5bn Sukuk as Low Oil Prices Depress Revenues
Saudi Arabia sold sukuk worth $2.5bn billion on Tuesday as the kingdom tries to offset the impact of lower oil prices on state revenue.
The...
Zahran: KFH is on Track in Promoting Synergy Among the Group’s...
Shadi Zahran, Acting Group Chief Executive Officer (GCEO) & Group Chief Financial Officer (GCFO) at Kuwait Finance House (KFH) said that KFH Group reported...
KFH Signs Cooperation Agreement with Hassan Abul Company
Kuwait Finance House (KFH) has signed a cooperation agreement with Hassan Abul Company, offering financial benefits and solutions to its participating customers who wish...
Saudi Arabia’s Arabian Centres Approves Sukuk Issuance
The extraordinary general assembly of Arabian Centres Company has approved the issuance of sharia-compliant sukuk.
The sukuk, which may be issued in any currency whether...
Dubai Financial Market Launches Sharia Index
A new benchmark Sharia index aimed at attracting more Islamic investors to the Dubai Financial Market was unveiled by the exchange on Monday.
The Dubai...
Saudi Arabia’s BinDawood Appoints JPMorgan, Goldman for IPO
Saudi Arabia’s BinDawood Group is working with Goldman Sachs Group and JPMorgan Chase & Co. as joint global coordinators on a planned listing of...