Islamic
Al Baraka Islamic Bank to boost digital transformation through Layer, witnesses an inclusion of 80,000 consumers on the new portal
Layer and Al Baraka Islamic Bank’s digital application will also be inclusive of several qualitative features
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Gulf International Bank closes USD 625 million sustainability linked-loan
Gulf International Bank (Bahrain) has finalized USD 625 million worth of a sustainability-linked loan (SLL). This...
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Sedco Capital and Lombard Odier launch the Shariah-compliant SC LO Global Equities Fund
Global investment advisory company, Sedco Capital, and Swiss private bank, Lombard Odier, have released the SC...
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Islamic Finance for economic recovery post COVID19 – The 15th IsDB Global Forum
One of the key inferences of the virtually held IsDB global conference was the role that...
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Saudi Arabia closes August Sukuk program at SR11.358 billion ($3 billion)
The August 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk program was closed by the...
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Kuwait’s Finance House plans to finance mega government projects in Saudi
Kuwait Finance House (KFH) plans to finance mega multimillion-dollar government projects in Saudi Arabia, including the...
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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...
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UAE – based Gulf Islamic Investments acquires prime office campus in Florida for $50mn
The Gulf Islamic Investments (GIL), a UAE-based financial services company regulated by the Emirates Securities and...
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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...
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