Sharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai
Nasdaq Dubai has proudly announced the listing of a $500 million Sukuk by Sharjah Islamic Bank (SIB), marking a significant milestone in the …
Islamic Banking
FABMISR Egypt Establishes Sharia Supervisory Committee for Islamic Banking
FABMISR, one of Egypt’s leading banks, has announced the formation of a new Internal Sharia Supervisory Committee (ISSC) to oversee and regulate its …
Affin Bank to Launch Islamic Digital Asset Fund
KUALA LUMPUR: Affin Bank Bhd is making headlines with its plan to distribute the Islamic version of the newly launched Cross Light Capital Performa …
Islami Bank Surpasses Sonali Bank as Largest Lender by Deposits
Islami Bank Bangladesh PLC has reached a remarkable milestone by becoming the largest lender in the country by total deposits, overtaking Sonali Bank …
Abu Dhabi Islamic Bank Partners with Silent Eight for Compliance Automation
Abu Dhabi Islamic Bank (ADIB), a leader in the Islamic finance industry, has embarked on a transformative journey by partnering with Silent Eight, a …
PACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+
In a major milestone for MCB Islamic Bank, the Pakistan Credit Rating Agency Limited (PACRA) has elevated the bank’s long-term entity rating …
Egypt’s Islamic Banking Transactions Hit $14.5 Billion in March 2024
By the end of March 2024, Egypt’s Islamic banking sector reached a significant milestone, with transactions valued at EGP 701 billion ($14.51 …
Gulf Bank Reaffirms Commitment in Regional Capital Markets at 2024 Middle East Bonds & Sukuk Conference
Gulf Bank has made a significant move to strengthen its influence in regional capital markets by participating in the prestigious Middle East Bonds, …
Islamic Banking in Egypt Hits EGP 701bn in March 2024
A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the significant growth of Islamic banking within Egypt’s banking …
BankDhofar Empowers Women with Dedicated Ladies Banking
BankDhofar, a leading financial institution in the Sultanate of Oman, reaffirms its dedication to financial inclusion and women’s empowerment …
Sharjah Islamic Bank – Credit Ratings Affirmed
In a notable update, Capital Intelligence Ratings (CI Ratings) has reaffirmed the Long-Term Foreign Currency Rating (LT FCR) and Short-Term Foreign …
SBP Directs IBI To Adopt New AAOIFI Shariah Standards
Karachi: The State Bank of Pakistan (SBP) has issued a directive for the adoption of two crucial Accounting and Auditing Organization for Islamic …