Kuwait Finance House-Bahrain Launching Its Open Banking Infrastructure
Kuwait Finance House - Bahrain (KFH-Bahrain), a leading Islamic bank in the Kingdom of Bahrain, has recently announced going live with its advanced Open...
Kuwait’s PIFSS Approves KFH and Bahrain Ahli United Bank Merger
Kuwait’s Public Institute for Social Security (PIFSS) has initially approved the merger of Kuwait Finance House (KFH) and Bahrain’s Ahli United Bank (AUB), according...
KIA Restructures its Portfolio on Signs of Global Economic Weakness
The Kuwait Investment Authority (KIA) began increasing its exposure to bonds and cash two years ago to boost liquidity in its portfolio as the...
GCC Islamic Banks Headed for More M&A Deals
Mergers and acquisitions (M&A) among Islamic banks across the GCC region are expected to pick up pace to boost their competitive position in an...
UAE’s The First Group Eyes Expansion after $135m Sukuk Deal
Shuaa Capital on Thursday announced the issuance and placement of a $135 million dollar-denominated five-year sukuk for The First Group (TFG), a UAE-based property...
Qatar’s Islamic Finance Sector to Get Central Regulation
The Islamic finance sector in Qatar is moving towards a higher level: Efforts are underway to standardise and centralise the regulations for entire Islamic...