ITFC Agrees to US$ 40,000 Financial Support to Health Ministry in...
The International Islamic Trade Finance Corporation (ITFC) (ITFC-IDB.org) has agreed to an immediate US$40,000 financial support to the Ministry of Health in Palestine.
The request...
Emirates Islamic Bank Nets Dh12m as First-Half 2020 Profit
Emirates Islamic, part of Emirates NBD Group, reported net profits of Dh12 million for the first-half of 2020, attributing the decline to higher impairments...
Siraj Holding Completes Deal for Al Hilal Bank’s Islamic Insurance Business
Private investment firm, Siraj Holding, has officially acquired Al Hilal Takaful, the Islamic insurance business and operations of Al Hilal Bank, a wholly-owned subsidiary...
Egyptian Shares Fall Amid Fears of Intervention in Libya
Shares fell in Egypt on Sunday after fears of Egyptian intervention in Libya's civil war increased, and Gulf stocks were mixed, with Kuwait underperforming...
Qatar- QIB Posts a Steady H1 Profit of QR1.42bn
Qatar Islamic Bank's (QIB) net profit attributable to the Shareholders of the Bank amounted to QR1.42bn for the six months' period ended June 2020...
Saudi Real Estate Financing in Form of ‘Murabaha’ Expected to Grow
The Saudi Real Estate Refinance Company (SRC), a subsidiary of Saudi Arabia’s Public Investment Fund (PIF), revealed that nearly 40 percent of new mortgages...