islamic finance
January 12, 2023
Slower growth seen for global sukuk issuances in 2023

Global sukuk issuance are likely to rise at a slow pace in 2023 amid market volatilities but will remain a key funding source in core Islamic finance markets, according to a new report......
Continue Reading >November 16, 2022
ADIB enhances Emiratisation drive at Tawdheef 2022

ABU DHABI, 15th November, 2022 (WAM) -- Abu Dhabi Islamic Bank (ADIB) today participated in the Tawdheef 2022 career fair. As the platinum sponsor of the event, ADIB has taken an......
Continue Reading >July 26, 2022
KFH general assembly approves acquisition of AUB-Bahrain

KUWAIT: Kuwait Finance House (Baitak) held its ordinary and extraordinary General Assembly meeting on Monday and approved the deal to acquire Ahli United Bank – Bahrain with......
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Islamic Coin (ISLM), the Shariah-compliant digital currency has gained a Fatwa (legal ruling or endosrsement) issued by the world's leading Muslim......
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Younger consumers are driving changes in global markets with their distinct preferences and habits. In 2020, 40% of the world’s population was under 25, and 62% of the global......
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Driven by a remarkable rise in the range of Islamic exchange-traded funds (ETFs), global Islamic finance assets are projected to reach $4.94 trillion in 2025. The surge in ETFs has......
Continue Reading >December 19, 2021
AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement......
Continue Reading >December 13, 2021
UAE's Gulf Islamic Investments acquires US portfolio for $100mln

UAE-based Gulf Islamic Investments (GII) has acquired another property in the US for approximately $100 million. The Virginia-based Glen Forest Office......
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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......
Continue Reading >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......
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