ITFC Signs Murabaha Financing Facility with Eastern Bank Ltd to support...
The International Islamic Trade Finance Corporation (ITFC), member of the Islamic Development Bank (IsDB) Group, has approved a Murabaha Financing Facility in favour of...
Abu Dhabi Islamic Bank Launches One-Year Healthcare Equities Note for Investors
The Abu Dhabi Islamic Bank (ADIB) has launched a new healthcare-focused equities basket note for investors in 2021.
The structured note which matures in 12...
Abu Dhabi Islamic Bank’s £31 Million Sharia-compliant Refinancing
CMS and Walkers’ Jersey Banking & Finance advised Abu Dhabi Islamic Bank PJSC.
ADIB announced a £31 million Sharia compliant refinancing of two B&Q warehouse...
Saudi Support Fund to Provide Economic Stimulus for Tadawul-Listed Companies
Saudi Arabia’s Projects Support Fund Initiative has signed an agreement with Tadawul, the Saudi Stock Exchange, to provide economic stimulus for listed companies.
The initiative...
Saudi’s National Commercial Bank Eyes Dollar Sukuk
Saudi Arabia’s National Commercial Bank (NCB) is looking to raise more funds through the issuance of additional US dollar-denominated sukuk.
NCB has mandated Citigroup Global...
Islamic Finance Body AAOIFI Standards Now Available for Free Online
The Accounting and Auditing Organization for Islamic Financial Institutions (AAOIFI) has made all its standards available for free online. Previously only its Shariah standards...