FAB launches 1st global Sukuk in ‘24
First Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate of U.S. Treasury +85…
Browsing Tag
Islamic finance
Islamic banking is dominant in Saudi Arabia; says Fitch
Fitch Ratings said Tuesday the Islamic finance is a mature and developed industry in Saudi Arabia, representing…
EFG-Hermes Leasing eyes Islamic credit line from Gulf lender
EFG-Hermes Leasing, a wholly owned subsidiary of Egypt-based investment bank EFG-Hermes, is working on securing a…
China turns to Islamic finance to expand economic clout
Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as banks…
Bank of England May Broaden Islamic Liquidity Tools
The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial…
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
Banque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran…
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
The National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7…
Barwa Bank panellistsfeature at Euromoney’s Islamic Finance Seminar in London
Senior management from Barwa Bank, Qatar's fastest growing Shari’ah compliant bank, participated in key industry…
Electricity, Banque Misr Ink Islamic Finance to Rehabilitate Boiler Unit in Egypt
Egyptian Ministry of Electricity will be signing today an agreement with Banque Misr (BM) over obtaining a…
Islamic Finance Set To Sustain Economic Growth In MENA Region; Experts
Rapidly-growing Islamic-based finance will drive the next phase of economic growth across the Middle East and North…
