Syria, Islamic Development Bank discuss boosting of joint cooperation

Damascus, SANA- Syria and Islamic Development Bank discuss Monday prospects for developing joint cooperation and resuming…

Islamic Development Bank and Uzbekistan Sign Landmark Education Project with GPE Grant Support

The Islamic Development Bank (IsDB), supported by a major grant from the Global Partnership for Education…

Islamic treasury sukuk auction for February 2025 attracts bids worth AED 7.1bln

A Yield to Maturity (YTM) of 4.18% on reopening of the August 2028 maturity bond and…

Islamic Finance Conference highlights the importance of halal and thayyib for sustainable livelihood

Greenpeace Indonesia as part of the Ummah for Earth Alliance collaborated with the Indonesia Banking School…

The First Investor Q.S.C.C. and Wasata Financial Securities announce strategic marketing partnership to enhance client offerings

The First Investor (“TFI”), a leading financial institution specialising in Sharia-compliant investment banking and asset management…

African Finance Corporation closes $400mln Sharia-financing for infrastructure

African Finance Corporation (AFC) has announced a $400 million Shariah-compliant commodity Murabaha facility to fund African…

Alif secures $20m debt investment from Accial Capital to boost financial inclusion in Uzbekistan

Alif, a fintech group based in Central Asia, has landed a $20 million debt investment from…

ADIB signs MoU with Islamic Corporation for Development of Private Sector

Abu Dhabi Islamic Bank – Egypt (ADIB) has participated in the 2022 annual meetings of the…

AUKB Successfully Issues Sukuk

Ahli United Bank K.S.C.P. (AUBK) has achieved remarkable success in the recent past, despite the challenging environment…

Top UAE banks’ profits recover on easing provisions and economic recovery

Profits at large UAE banks rose during the first six months of 2021 after a modest…