Geopolitical Risk Continues to Loom over GCC’s Banking Sector
The question that has been playing in the minds of investors over the past few weeks is the likelihood of an escalation in the...
AIB-Bahrain Signs Property Financing Deal with Kadi
Al Baraka Islamic Bank (AIB – Bahrain), a leader in the Islamic banking sector, has signed a property financing agreement with the Kadi Group,...
Islamic Banks Underused Despite Market-Leading Savings Products
The Islamic Finance Consumer report 2019 from Gatehouse Bank has revealed that nearly half of all Muslim consumers have never used a sharia-compliant bank....
UAE Islamic Banks See Slower Financial Growth
Fitch Ratings has revealed financing growth at UAE Islamic banks continued to fall with varying degrees in 2018 in line with conventional banks. A...
Al-Nahedh: KFH Key Component of Kuwait 2035 Vision
Kuwait Finance House Group CEO, Mazin Saad AlNahedh said that the positive financial results and the operating profits stemmed from the focus on the...
Kuwait Investment Authority Sales 16.1 Per Cent Stake in Gulf Bank
Kuwait Investment Authority (KIA) has sold a 16.1 per cent stake in Gulf Bank to Alghanim Trading Group for KWD 152.93 million ($503 million),...