Sarwa Capital Announces Closing of Its EGP 2.5bn Inaugural Sukuk Issuance
Sarwa Capital for consumer and structured financial services has successfully closed its inaugural Sukuk issuance by Sarwa Sukuk, a subsidiary of Sarwa Capital, of...
Islamic Banking Penetration Faces First Setback Since 2015
The overall penetration of both conventional and Islamic banking in 2020 has seen a small reduction, falling from 60 percent to 58 percent for...
Strong Penchant for Islamic Equities Lifts QSE above 10,300 Levels
A strong penchant for the Islamic equities yesterday lifted the Qatar Stock Exchange above the 10,300 levels.
The industrials and consumer goods counters witnessed higher...
Dubai Islamic Bank Lists $1bn Sukuk on Nasdaq Dubai
Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, rang the market-opening bell at the Nasdaq Dubai on Tuesday, November 24, to...
CIRA to Offer EGP 600m Sukuk in December with Hermes Acting...
The Cairo for Investment and Real Estate Development (CIRA) will offer EGP 600m worth Sukuk Al-Mudarabah in December, with EFG Hermes acting as the...
UnionPay Partners with Abu Dhabi Islamic Bank (ADIB) in the UAE
China’s UnionPay International (UPI) has partnered with Abu Dhabi Islamic Bank (ADIB) to enable the UnionPay card and contactless payment transactions on the bank’s...