Qatar Shares Edge Lower as Foreign Institutions Book Profit
The Qatar Stock Exchange on Wednesday reopened after Eid holidays on a weaker note with its key index losing more than 46 points, mainly...
Kuwait Finance House’s Q2 Profit Down 77.5% Hit by Lockdown
Kuwait Finance House KFH.KW on Thursday posted a 77.5% decline in second-quarter profit after it boosted impairment charges and precautionary provisioning for bad loans,...
Abu Dhabi’s FAB Raises Dh1.8Bn Through Chinese Yuan Formosa Bond
First Abu Dhabi Bank, the UAE’s largest lender by assets, has raised 3.6 billion Chinese yuan (Dh1.8bn) through the sale of a five-year formosa...
Qatar Islamic Banking Sector Seen Offering Potential for Further Consolidation
Qatar's Islamic banking landscape, whose operational performance was better than the conventional peers in 2019, offers potential for further consolidation, according to Fitch, an...
Emirates REIT Hires Houlihan Lokey for Strategic Review
Emirates REIT, a Dubai-based sharia-compliant real estate investment trust, said on Monday it had appointed Houlihan Lokey to advise its board on the strategic...
There are Now 142 Islamic Fintech Firms Globally According to IFN...
IFN Islamic Fintech, a “one-stop-shop” for industry knowledge, networking, and communication in the global Islamic financial technology space, revealed on July 30, 2020, that...