Monday 23 September 2024
 
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Sharia

ADIB Securities allows Sharia-compliant trading in US

ADIB Securities, a leading Sharia compliant brokerage firm in the UAE and a wholly owned subsidiary of Abu Dhabi Islamic Bank (ADIB), now allows trading in the US market as the first UAE Sharia-compliant broker. The newly updated trading platf

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ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

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ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

More…

ADIB leads closure of $235m syndicated transaction

Abu Dhabi Islamic Bank (ADIB) has announced the successful closure of a sharia compliant syndicated transaction worth AED865 million ($235 million) for BGN and Al Seer Marine to finance new and energy-efficient gas carriers. 

More…

The best Sharia-compliant investment products for UAE residents in 2023

The UAE is a growing market for Sharia-compliant investment products. Holding the fourth position in the Islamic Finance market with investment assets slated at $222 billion, the UAE is seeing much projected growth within the region. 

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The best Sharia-compliant investment products for UAE residents in 2023

The UAE is a growing market for Sharia-compliant investment products. Holding the fourth position in the Islamic Finance market with investment assets slated at $222 billion, the UAE is seeing much projected growth within the region. 

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Shuaa launches new Sharia-compliant Saudi Equity fund

Shuaa Capital, a leading asset management and investment banking platform in the region, has launched a new Sharia-compliant fund, Shuaa Saudi Equity Fund, designed to capitalise on the growing potential of Saudi and GCC equities. 

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MIS Forward receives Sharia certification from SRB

MIS Forward, a provider of Buy Now Pay Later (BNPL) solutions in Saudi Arabia, has received the Sharia compliance certification from Shariyah Review Bureau, for its MIS Forward App solution in light of Shari’a principles. Th

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Shuaa launches 3 new Sharia-compliant funds; AUM $200m

Shuaa Capital, a leading asset management and investment banking platform in the region, has launched three new Sharia-compliant funds, taking its assets under management (AUM) to $200 million.   Shuaa GMC is als

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Adib arranges $135m in Shari’a-compliant financing for 2 VLGCs

Abu Dhabi Islamic Bank (Adib), a leading financial institution, has arranged and structured a Sharia’a-compliant financing of AED495 million ($135 million) for ABGC DMCC to build two Very Large Gas Carriers (VLGCs).  &n

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