Dubai: The year 2021 has been tough for economies globally. The hard-hitting COVID-19 Pandemic has mutated and…
Category: Islamic Banking & Finance
Abu Dhabi bank finances $33m UK student accommodation deal
Abu Dhabi Islamic Bank (ADIB) has announced it has provided structured financing of AED124 million ($33.7m)…
Bank Nizwa gets approval for RO 75m rights issue
Bank Nizwa, Oman’s first full-fledged Islamic lender, has announced that it has secured regulatory approvals from…
Western Union Expands with Bank Syariah Indonesia
Western Union, a global leader in cross-border, cross-currency money movement and payments, has collaborated with Bank Syariah…
Saudi Arabia closes $3bn August Sukuk program
The National Debt Management Center (Saudi Arabia) has closed the August 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.…
SCA freezes new licenses as UAE advisers face client-centric rulebook deadline
Sweeping new Securities and Commodities Authority client-centric rules seen by International Investment will put the 36…
ICD ANNOUNCES WINNERS OF ITS INTERNATIONAL FINANCIAL INNOVATION COMPETITION TITLED “ICD’S FINNOVATION AWARD 2020
ICD announced the winners of its 1st annual global financial innovation award competition, entitled “ICD’s Global Finnovation Award…
Uzbekistan’s Trustbank selects ICS BANKS Islamic Banking software from ICSFS
Trustbank, one of the leading banks and a private bank providing Islamic banking services in Uzbekistan, has selected ICS…
Takaful Market Analysis Report by Product Type, Industry Application and Future Technology 2027
Market Study Report adds new research on Global Takaful Market from 2021 through 2027 that shows…
Insurance Companies vie for Share in Business
The Pakistan Tehreek-i-Insaf (PTI) government is in the process of rolling out its flagship universal health…