Islamic
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...
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HDC launches GO Halal with a RM100 million fund portfolio
Bank Islam Malaysia and the Halal Development Corporation (HDC) have launched an SME Finance program GO...
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Pakistan secures USD 4.5 billion financial aid from ITFC for fuel imports
Pakistan secures financial aid from Jeddah-based Islamic Trade Finance Corporation (ITFC) worth USD 4.5 billion for...
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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...
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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)....
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PMRC issues Rs1 billion Sukuk promoting sharia-compliant housing finance facility
Pakistan Mortgage Refinance Company (PMRC) issued a second privately-placed Sukuk of Rs1 billion to promote housing...
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Oman’s international Sharia-compliant Sukuk saw 6.5 times higher bids drawing more than $11.5 billion
As per a statement, Oman issued $1.75 billion in nine-year Sukuk or Islamic bonds in the...
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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....
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