Eshraq Gets Shariah-Compliant Status for Its Shares on ADX
Eshraq Investments, a major company listed on the Abu Dhabi Securities Exchange (ADX), has announced that it has obtained the review report of Eshraq’s...
Stocks Reinforce Its Weekly Gains and a “Marathon” Awaits the Results
Local stocks rose in trading last week after its market capital gained more than 6.5 billion dirhams, mainly boosted by gains in the leading...
GCC Appetite for Shariah-Compliant Investments Stay Intact
While most markets reeled in the pandemic chaos, investor appetite for Shariah-compliant investments held up in the GCC, rating agency Moody’s revealed, aiding growth...
Bahrain Grants Fasset Blockchain Authorization to Test Tokenization Platform
UK-headquartered FinTech Fasset, a provider of blockchain-powered platforms for the financing of sustainable infrastructure, has received authorisation to test its solutions for the tokenisation...
GCC Islamic Asset Managers Stay Resilient
Net inflows into some large Islamic funds in the GCC countries have remained positive despite weaker markets and lower oil prices, in contrast to...
Saudi SABB Takaful to Provide General Insurance Programmes to Olayan Group
SABB Takaful Co on Thursday announced the awarding of general insurance policies programmes with The Olayan Group.
The total contribution is more than 1% of...