 |
IFSB appoints Dr Ghiath Shabsigh as new Secretary-GeneralThe Islamic Financial Services Board (IFSB), an international standard-setting organisation for the global Islamic financial services industry, has appointed Dr Ghiath Shabsigh as its fourth Secretary-General, effective April 1, 2024. Dr Shabs More… |
 |
Bank ABC Islamic 2023 net profit rises 19.4pc to $46.3mBank ABC Islamic has seen its 2023 net profit rise 19.4% to $46.3 million from $38.8 million in 2022. Total operating income before credit losses stood at $59.4 million, 28.7% higher on a year-on-year basis. Th More… |
 |
Global Islamic finance market seen ‘hitting $4.9trn by 2025’The global Islamic finance market would reach $4.9 trillion by 2025, said Yazrin Syakhairi, Malaysian Trade Commissioner, under the Trade Section of the Consulate General of Malaysia in Hong Kong (MATRADE). Spe More… |
 |
Abu Dhabi Islamic Bank unveils robust ESG strategyAbu Dhabi Islamic Bank has committed to increasing its sustainable finance targets, enhancing its sustainable development journey, reaffirming its position as a responsible and forward-thinking financial institution. More… |
|
Abu Dhabi Islamic Bank unveils robust ESG strategyAbu Dhabi Islamic Bank has committed to increasing its sustainable finance targets, enhancing its sustainable development journey, reaffirming its position as a responsible and forward-thinking financial institution. More… |
 |
BisB to offer premium mortgage financing for Naseej projectsBahrain Islamic Bank (BisB), a leading provider of Islamic digital banking services in Bahrain, has signed a memorandum of understanding (MoU) with Naseej, a leading property developer, to provide Bahraini citizens premium mortgag More… |
|
BisB to offer premium mortgage financing for Naseej projectsBahrain Islamic Bank (BisB), a leading provider of Islamic digital banking services in Bahrain, has signed a memorandum of understanding (MoU) with Naseej, a leading property developer, to provide Bahraini citizens premium mortgag More… |
 |
Alkhair Capital launches $100m Islamic healthcare fundAlkhair Capital Dubai, a leading financial services firm, has launched Alkhair Capital Healthcare Sector Fund, the Islamic healthcare liquidity fund domiciled in Dubai International Financial Centre, with a target size of $100 million. More… |
|
Alkhair Capital launches $100m Islamic healthcare fundAlkhair Capital Dubai, a leading financial services firm, has launched Alkhair Capital Healthcare Sector Fund, the Islamic healthcare liquidity fund domiciled in Dubai International Financial Centre, with a target size of $100 million. More… |
 |
Emirates Islamic net profit rises 73% to $326m in H1Emirates Islamic delivered its highest ever half-year net profit, with an exceptional jump of 73% to AED1.2 billion ($326.7 million) during the first half of 2023. This record profit was driven by higher funded and non-funde More… |
