Bahrain’s GFH Financial Subsidiary Finalizes $159mln Sukuk Issuance
GFH Financial Group, a Bahrain-based investment bank, announced that its subsidiary Khaleeji Commercial Bank has finalized the issuance of sukuk worth $159 million.
“The successful...
Qatar- Islamic Finance Seen as Driver for FDI Inflow to Philippines,...
The Philippines is looking at Islamic finance as a platform to attract and encourage partners in the Middle East, such as Qatar, to expand...
SBP Seeks to Expand Islamic Banking
The State Bank of Pakistan (SBP) on Wednesday issued revised instructions for banks to expand the scope of Islamic banking to 25 per cent...
ICD Committed to Strengthening Islamic Finance During COVID-19
AlHuda CIBE has launched a Webinar Series on Islamic Banking & Finance to learn with Islamic finance experts from around the world. The learning...
ADIB Securities Reports Strong H1 2020 Trading Activity
ADIB Securities, the leading Islamic brokerage firm in the UAE and a wholly-owned subsidiary of Abu Dhabi Islamic Bank (ADIB), has reported strong H1 2020 trading...
Saudi Finance Ministry Closes Book on July Sukuk Issuance
Saudi Arabia’s Ministry of Finance has closed the book to investors on its July 2020 riyal-dominated sukuk program, seeking to raise SR1 billion, the...