Bank Albilad intends to redeem Sukuk at over $267mln
The percentage of the redeemed outstanding SAR-denominated Regulatory Tier 2 Capital Sukuk will account for 53.05% ...
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The rise in ESG investing to spur demand for green Sukuk
Investing that prioritizes environmental, social and, governance (ESG) issues is rapidly refurbishing the financial landscape of ...
ADIB – Egypt decides establishment of Sukuk Company with an authorized capital of EGP 100 million by the end of 2021
Abu Dhabi Islamic Bank-Egypt announces the establishment of Abu Dhabi Islamic Sukuk Company by the end ...
Kuwait Finance House launches AT1 U.S. Dollar-denominated Sukuk sale
The first sharia-compliant bank in Kuwait - Kuwait Finance House, launched the AT1 bond sale with KFH Capital ...
Saudi’s Watheeq joins the innovative PropTech sector with a $26.7M fund
Watheeq Financial Services commenced a Venture Capital Proptech Fund of about $26.7 million (SAR 100 million). ...
Bahrain’s Islamic banking drove with 37.1% domestic banking system assets in 2020
Bahrain is unarguably a high-income economy as per the World Bank, standing as the 5th most prosperous Arab country. ...
QIB and HSBC Seal the First Islamic Trade Facility Deal at $100 Million
Qatar’s largest Islamic institution, Qatar Islamic Bank (QIB) has signed an Islamic trade facility with HSBC ...
Kenanga Investment Bank Acquires i-VCAP Management
Kenanga Investment Bank Berhad has made an announcement of acquiring i-VCAP Management Sdn Bhd, a Shariah-compliant ...
QIIG and SAP Partner up on Digital Transformation Deal
Qatar Islamic Insurance Group (QIIG) and leading multinational software corporation SAP have joined hands to offer ...
Dubai Islamic Bank Completes Noor Bank Integration Successfully
In an announcement on Monday, Dubai Islamic Bank (#DIB) reported to have completed the full integration ...
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