Kuwait Finance House: KFH to Launch Opening Bank Account On-line for...
Kuwait Finance House (KFH) succeeded in finishing all obligatory procedures, checks, and required regulatory approvals, in preparation for the launch of the primary digital...
Dubai Islamic Bank Sells $1b in Perpetual Sukuk
Dubai Islamic Bank, the United Arab Emirates’ largest Islamic lender, on Thursday sold $1 billion in Additional Tier 1 sukuk, or Islamic bonds, at...
Safest Islamic Banks in the GCC
Sharia principles have stood the test of time, and while Standard & Poor’s considers Islamic institutions somewhat more vulnerable than conventional banks due to...
MIDF-Al Rajhi Merger Talks Collapse on Shariah Rules Discord
The merger negotiation between Malaysian Industrial Development Finance Bhd (MIDF) and Al Rajhi Banking and Investment Corp (M) Bhd collapsed due to disagreements over...
Dubai Islamic Bank Markets Dollar Perpetual Sukuk
Dubai Islamic Bank DISB.DU began marketing on Thursday U.S. dollar-denominated Additional Tier 1 sukuk, or Islamic bonds, at an initial price guidance of around...
BisB Wins ‘Excellence in Islamic Banking Bahrain’ at Finnovex Awards 2020
Bahrain Islamic Bank (BisB) has emerged as the winner of the prestigious award ‘Excellence in Islamic Banking – Bahrain’ at the 2020 Finnovex Awards...