Halal Industry Role in Socio-Economic Growth Underlined
A capacity-building workshop organized by the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has opened in Jeddah, Kingdom...
Oman Mandates Banks for 7-Year Dollar Sukuk Sale
The government of Oman has hired banks to arrange a global investor call ahead of a planned sale of dollar-denominated sukuk, or Islamic bonds,...
Banque Saudi Fransi Augments Sharia Compliance with SRB
Banque Saudi Fransi (BSF), a leading bank in Saudi Arabia, said that it has assigned Shariyah Review Bureau to help augment its internal Sharia...
Mashreq’s Profit Up 5% as Impairments Drop
Mashreq bank on Sunday said its 9-month net profits grew 5 per cent to Dh1.7 billion on the back of higher operating income and...
KIB Awarded ‘Excellence in Islamic Banking Products and Services’ 2018
In recognition of the hard work and dedicated efforts of the bank’s staff, executive management and board of directors, KIB was bestowed with the...
NST: Islamic Finance Promotes Inclusion
Financial inclusion or access to finance at an affordable cost has, since the early 2000s, been a focus of renewed concern for many governments...