December 6, 2021

Syria Participates in Islamic Financial Institutions Conference in Bahrain

Syria participated in the annual conference of the Accounting and Auditing Organization for Islamic Financial Institution in Bahrain, according to SANA. Syria participated in the......

November 22, 2021

Islamic banking closing gap with conventional in UAE: Emirates Islamic

Islamic banking products are becoming as popular as conventional products in the UAE, with 60 percent of those surveyed saying they are using an Islamic banking product, compared......

September 19, 2021

QIIB gets ‘Excellence Award’ from UK’s GIFA

The UK-based Global Islamic Finance Awards (GIFA) committee has bestowed ‘Excellence Award’ on Qatar International Islamic Bank (QIIB) for the best product in the corporate......

September 2, 2021

$50m financing for Benin community health project-

The Islamic Development Bank (IsDB) and the Government of Benin have signed a $50 million financing agreement for “Closing Gaps: Community Health, Human Resources, and Nutrition”......

August 25, 2021

IsDB and Organization of Islamic Cooperation aim to boost cooperation

JEDDAH: The president of the Islamic Development Bank, Dr. Mohammed Sulaiman Al-Jasser, on Monday received the secretary-general-elect of the Organization of Islamic Cooperation,......

July 29, 2021

Weaker demand and high competition to weigh on GCC takaful sector

Very intense competition and the weak performance of some key sectors such as travel, hospitality, and retail will likely weigh on growth prospects and earnings of Islamic (takaful)......

July 7, 2021

Islamic fintech transforms operational models, customer experience-

Islamic fintech has emerged as a promising segment that has not only overhauled traditional methods of offering financial services but also transformed business models, operational......

June 30, 2021

Aman announces the appointment of three new board members

Dubai Islamic Insurance & Reinsurance Company PJSC (Aman), the pioneering UAE Takaful Insurance provider, has announced the appointment of three new members to its board. The......

June 29, 2021

Dentons advises AUBK on its $600 million Tier 1 sukuk

Dentons has advised Kuwait's Ahli United Bank K.S.C.P. (AUBK) on the successful issuance of US$600 million Tier 1 capital certificates, which attracted......

March 31, 2021

Islamic philanthropy: UNCHR's Zakat funds saw 12.5% jump in donations to $48.5mln

UNHCR, The UN Refugee Agency supported 2.1 million refugees and internally displaced people (IDPs) through Zakat and Sadaqah funds in 2020, thanks to institutional partners and philanthropists......