Middle East and North Africa

Middle East and North Africa

Abu Dhabi Boosts Al Hilal Bank’s Capital by Dh400m, CEO Says

Abu Dhabi has increased the share capital of its wholly-owned Al Hilal Bank by Dh400 million, a timely boost for the Islamic lender, which...

First Islamic Crypto Exchange Set To Launch, Aims To Serve 1.8...

ADAB Solutions, a financial services firm registered in the United Arab Emirates (UAE), recently announced its plans to launch the world’s first Shariah-compliant cryptocurrency...

Bitcoin Continues Making Inroads in Islamic Finance

Exposing more consumers, corporations, and investors to the cryptocurrency industry can be done in multiple ways. One area often overlooked is Islamic finance, even...

UAE’s Adab Solutions Launches First Islamic Crypto Exchange

Adab Solutions has launched the First Islamic Crypto Exchange (FICE) and will be launching an Initial Coin Offering (ICO) in September 2018. The exchange...

Tabreed Seeks Shareholders’ Approval for Up to $1Bn Sukuk or Conventional...

The National Central Cooling Company (Tabreed), the district cooling firm part owned by France's Engie and Mubadala Investment Company, is seeking shareholders' approval to...

ADIB Approves Dh1Bn Rights Issue and Dh2.75Bn Sukuk

Shareholders of Abu Dhabi Islamic Bank, the emirate’s biggest Sharia-compliant lender, approved on Sunday a Dh1 billion rights issue and the issuance of a...