Robust Demand for the Islamic Stocks Lifts QSE to 9,900 Level
Robust demand, especially for Islamic equities, on Monday lifted the Qatar Stock Exchange more than 81 points and placed its key barometer near 9,900...
Faisal Islamic Bank Reports 12.1% Asset Growth to EGP 108.701Bn in...
The Faisal Islamic Bank of Egypt has recorded a 12.1% increase in its total assets to about EGP 108.701bn at the end of July...
FTSE Russell Shifts Ezdan Holding Group to Large Cap Segment on...
Global index complier FTSE Russell has shifted Ezdan Holding Group to large cap segment from the mid-cap group and added three other Qatar Stock...
KHCB Signs Sukuk Murabaha Agreement with BHB
Khaleeji Commercial Bank (KHCB), one of the leading Islamic Banks in the Kingdom of Bahrain, has recently signed an agreement with Bahrain Bourse (BHB),...
Strong Sovereign Support Continues to Drive Most Islamic Bank Ratings
The Issuer Default Ratings (IDRs) of Islamic banks in the Gulf Cooperation Council (GCC) region are all investment grade, Fitch Ratings said, with 89%...
Banks Cut Exposure to Dubai’s MENA Energy as Virus Roils Trade
Several banks are reducing their exposure to Dubai-based oil trader MENA Energy DMCC, as the coronavirus hits commodity businesses and global lenders cut funding.
Natixis...