Middle East and North Africa

Middle East and North Africa

Emirates Islamic Says First to Launch WhatsApp Banking Services

Emirates Islamic has announced the launch of chat banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank...

KFH to Participate in Role of Private Sector in the Future...

Kuwait Finance House (KFH) announced that it will be participating in “The Role of the Private Sector in the Future of the Kuwaiti Economy”...

Highest-Ever Growth: Emirates Islamic Q1 Profit Surges 97%

Emirates Islamic on Wednesday reported 97 per cent year-on-year growth in first-quarter net profit due to increase in core business. It is the highest-ever...

iMAL to Power Digital Banking for Ameen Al-Iraq Islamic Bank

Ameen Al Iraq Islamic Bank has selected Path Solutions’ iMAL Islamic core banking platform for its new digital bank in Iraq. Kamal Suhail Abdulla,...

Emirates NBD Lists $1 Billion Bond on Nasdaq Dubai

Emirates NBD has listed $1 billion conventional bond on Nasdaq Dubai. The bank stated that the capital raised by the issue supports its regional and...

Jordan’s NEPCO Secures a JOD 334 Million Murabahah Loan

Jordan’s National Electric Power Company (NEPCO) has signed two Murabahah loan agreements worth JOD 334 million with the Jordan Islamic Bank, reported local daily...