BIBD ‘Best Retail Bank in Brunei’
Bank Islam Brunei Darussalam (BIBD), the Sultanate’s largest Islamic financial institution, has once again been recognised as the Best Retail Bank in Brunei by...
UAE Banks among Top Performing in GCC: KPMG
The local banking sector continues to show strength and resilience as top UAE banks reported the region’s highest growth in their asset base of...
Turkey to Issue Euro and Dollar Denominated Bonds and Sukuks
The Turkish Treasury said on Wednesday that it will issue one-year fixed-coupon euro- and U.S. dollar-denominated sukuks and bonds to corporate investors on May...
GCC Banks Consolidation Drive to Continue in 2020, Says KPMG
Lenders in the GCC have been rapidly consolidating as they seek to remain competitive, KPMG said and noted the drive will continue in 2020...
Utico Sounds Banks for a $500Mln Sukuk
Utico, the Middle East’s leading full-service utility and the only private water and power company in the UAE, today said it is working with...
Saudi Islamic Banks’ Financial Metrics Deteriorated, but Sound
Saudi Islamic banks' financial metrics deteriorated mildly in 2019 but remained sound, Fitch Ratings says in a new report.
Saudi Islamic banks remain well placed...