Middle East and North Africa

Middle East and North Africa

Bahrain’s AUB Completes KFH Due Diligence for a Potential Merger

The Bahrain-headquartered Islamic lender received the reports from specialist advisers appointed to complete the due diligence on KFH, which were submitted to the AUB...

Islamic Development Bank Hires Banks to Raise More Than $1 bln...

The Islamic Development Bank (IsDB) has hired banks to arrange a new issue of U.S. dollar-denominated sukuk, or Islamic bonds, expected to be more...

Takaful Should Be at Forth-Front of Islamic Finance Industry

Global Takaful Forum (GTF) was successfully concluded at Double Tree by Hilton Hotel, Istanbul, Turkey. The forum was inaugurated by Chief Guest H.E. Husnu...

ADIB Introduces Digital Tablet Kiosks in Its Branches

Abu Dhabi Islamic Bank (ADIB) has introduced digital tablet kiosks that reduce customer service times in its branches, the launch forms part of the...

Growing Role of FinTech in the Middle East

The FinTech sector has matured over the past couple of years and now appears to have entered a new phase of evolution. The perception...

National Bank of Bahrain Still Weighing BisB M&A Offer

The National Bank of Bahrain (NBB) has announced that it is still in discussions with BisB for a potential offer for the Shari’ah-compliant lender’s...