GCC Sukuk Issuance Drops 15% in 2018 on Rising Cost of...
The issuance of Sharia-compliant bonds in the Arabian Gulf region have slowed by around 15 per cent in the first three quarters of this...
Saudi Arabia-Based ICD Extends Islamic Financing to Uzbekistan Banks
The Saudi Arabia-based Islamic Corporation for the Development of the Private Sector (ICD) has signed sharia-compliant financing agreements with six banks in Uzbekistan, boosting...
Kuwait Joins FTSE Russell: ‘Safe Haven’ For Foreign Inflows
Kuwait’s inclusion in the FTSE Russell Emerging Markets Index on Monday is expected to attract $1 billion of passive inflows to its capital markets,...
Sohar Islamic Makes New Financing Offer for SMEs
Sohar Islamic, Bank Sohar's Sharia-compliant banking window, said it is offering financing up to 90 per cent to small and medium enterprises (SMEs) when...
Global Finance Names KFH the Safest Islamic Bank in GCC 2018
Global Finance Magazine has named Kuwait Finance House (KFH) the safest Islamic bank in the GCC for the year 2018. This reiterates the robust...
Islamic Finance Assets on Track to Hit $3.2trn
Islamic finance assets are projected to grow to $3.2 trillion by 2020, with Islamic banking reaching $2.6 trillion, said the organisers of the upcoming...