Bank Nizwa Cements Position as Oman’s Top Islamic Bank
Bank Nizwa is cementing its well-earned position as the leading Islamic financial institution in Oman. Winning over 25 local, regional and international awards in...
Aafaq Islamic Finance Launches Sharia-Compliant Credit Cards
The UAE is a major destination for Islamic Finance and banking. The demand for Islamic banking products is on the rise across country.
Aafaq Islamic...
DP World Hires Citi, StanChart for New 10-Year Islamic Bond
Port operator DP World has hired banks to arrange a series of investor meetings ahead of a potential issue of 10-year U.S. dollar-denominated sukuk,...
Kuwait’s Banks Likely to See 10% Rise in H1-19 Profits
Ten Kuwaiti banks listed on Boursa Kuwait are expected to achieve an increase of 9.6% in profits during the first half of 2019, compared...
BisB Enables Its Customers to Benefit from “Shukran” Loyalty Program
Bahrain Islamic Bank (BisB) recently signed a Memorandum of Understanding (MOU) with Al Rashid Group, a division of Landmark Group, the leading retail and...
Noor Bank Raises Dh500m for Fixed Maturity Investment Plan with Azimut
Dubai’s Noor Bank, a Sharia-compliant lender in the emirate, raised Dh500 million in a US-dollar Islamic fixed maturity investment scheme in partnership with a...