January 22, 2022

RIYADH: Sukuk issuance volumes will not grow significantly in 2022 as global interest rates rise and funding needs for Gulf economies fall, according to a report from S&P Global......

December 19, 2021

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 (HoT) with the Aqaba Development Corporation......

December 18, 2021

Cairo, Dec. 17 (BNA): The Islamic Development Bank (IsDB) through its Regional Hub in Cairo kicked off today the implementation of a comprehensive Technical Assistance (TA) Project......

December 11, 2021

The 2022 sector outlook for GCC Islamic banks is neutral, reflecting a modest economic recovery and higher oil prices, said Fitch Ratings in a new report. Fitch expects continued profitability......

September 19, 2021

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......

August 25, 2021

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, Hussein......

June 27, 2021

A Yemeni government official said that the Islamic Development Bank Group agreed to resume financing three strategic and vital projects in the south of the country, in the areas of......

October 14, 2020

JAKARTA: Three of Indonesia’s state-owned Islamic banks began a merger process on Tuesday to become an entity with over 200 trillion rupiahs ($13.5 billion) in assets and the......

October 13, 2020

The Islamic Development Bank (IsDB) and the World Health Organization (WHO) have joined forces with Yemen’s Ministries of Health and Population as well as Planning and International......

September 29, 2020

The Dubai Islamic Economy Development Centre (DIEDC), in collaboration with the Dubai Chamber of Commerce and Industry (Dubai Chamber) and in strategic partnership with Refinitiv, hosted......