Dar Al Takaful to Buy Noor Takaful Units for Dh215m
Islamic insurance company Dar Al Takaful is buying competitor Noor Takaful for Dh215 million in cash, as it looks to build its market share...
BIBD Assets Reach Record High of $10.7 Billion
Brunei’s largest Islamic financial institution, Bank Islam Brunei Darussalam (BIBD), has posted a record high in total assets of $10.7 billion – a 6.2...
MoneyGram Enters Saudi Arabia with Local Bank Partnership
MoneyGram International, a leading cross-border peer-to-peer money transfer company, entered the Saudi Arabian market with partnerships with Al Rajhi Bank, an Islamic bank in...
Fitch Affirms Ajman Bank at ‘BBB+’; Outlook Stable
Ajman's Long- and Short-Term IDRs, Support Rating (SR) and Support Rating Floor (SRF) reflect a high probability of support being available to the bank...
KFH-Bahrain Defers Payment of Installments Without Charges for Six Months
Kuwait Finance House – Bahrain, a leading Islamic bank and major contributor to the development of Bahrain’s Islamic financial services sector, has announced postponing the...
Kuwaitis Continue to Pump Their Investments in KSE Despite Virus
The equation of sale and purchase at the Kuwait Stock Exchange has changed since the beginning of this year.
While purchases were in favor of...