Tag: #Shariah Compliant
Islamic banks assets increased by AED 86 billion over past 12 months
The Islamic banks’ deposits increased to AED 509.4 billion at the end of February, reflecting an annual increase of 15.8%
ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank
The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender
UAE’s ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan
ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal
ADIB-Egypt unveils Shariah-compliant private banking for HNWIs
The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards
FABMISR inaugurates new Islamic branch in New Cairo
The new branch is designed to meet customers’ various needs, providing them with a comprehensive banking experience
ADIB Egypt signs $50m Shariah-compliant Tier 2 financing deal
The financing deal has a duration of five years and is expected to be included in the bank’s second tier of the capital base
ADCB Group partners with Nomo to advance digital banking
The unique proposition allows customers to get finance to buy properties in the UK as an investment or as a second home
Saudi-based ICIEC and Egypt’s CIB to host bankability of climate adaptation projects panel at...
The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) said Wednesday that it has joined forces with Egypt’s Commercial International Bank...
DDCAP Group™ announces ETHOSTerminal™
ETHOSTerminal™ brings additional integration functionality to DDCAP clients via an open market environment that enables users full discretion in choosing trade counterparts. This upgraded functionality has...
Mambu first to market with Sharia Compliant SaaS banking platform
Mambu announced the launch of the Sharia-compliant version of its SaaS banking platform. The solution caters to the needs of Islamic banks and lenders,...