Al Salam Bank Q1 net profit rises a strong 7% to USD17.3 million
Al Salam Bank, headquartered in Bahrain, and a leading regional Islamic bank, posted a 7 percent ...
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Sharjah Islamic Bank records a whopping net profit of AED 514.1 million for 2021
Sharjah Islamic Bank kept at its hedging policy to address the challenges owing to the operational ...
Contact Financial Holding – Egypt’s Trusted Non-Banking Finance Group
With over 32 branches across Egypt, Contact Financial Holding was able to gain the confidence of ...
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 ...
Aramco sells 49% stakes to a consortium led by the US-based EIG Global Energy Partners
Saudi Aramco, the world's largest oil producer, is the official Saudi Arabian Oil Company. It is ...
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. ...
Qatar First Bank acquires the seventh Sharia-compliant real estate investment in the US.
Qatar First Bank (QFB) has acquired the seventh Sharia-compliant real estate investment in the US in ...
Islamic Development Bank Transitions to SOFR from LIBOR Benchmark
The Islamic Development Bank (IsDB) has announced the issuance of its first Secured Overnight Financing Rate ...
Malaysia’s Maybank Islamic Launches Its First Overseas Branch
Maybank Islamic, the Shariah-obedient section of Malaysia’s largest lender Malayan Banking Berhad recently opened its first ...
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