islamic finance

Slower growth seen for global sukuk issuances in 2023

January 12, 2023

Global sukuk issuance are likely to rise at a slow pace in 2023 amid market volatilities but will remain a key funding source in core Islamic finance......

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Global Sukuk issuance seen at $185 billion in 2022

September 2, 2022

Global Sukuk issuance is projected to moderate, settling at $185 billion in 2022, according to the 2022 Sukuk Perceptions and Forecast Study released......

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Gulf Islamic Investments acquires majority stake in UK's OFFA

July 1, 2022

Gulf Islamic Investments, a leading Shariah compliant global investment company based in the UAE, with assets under management in real estate, private......

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Indonesia raises $526mln in Islamic bond auction

June 29, 2022

JAKARTA - Indonesia raised 7.8 trillion rupiah ($525.78 million) in an Islamic bonds auction on Tuesday, the finance ministry said, below an indicative......

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Islamic Development Bank to donate $33m for Palestine projects

January 14, 2022

The Islamic Development Bank is to donate $33 million to support projects in the occupied West Bank and Gaza Strip, as well as Jerusalem, reported......

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Aman awarded participating insurer status by DHA

January 6, 2022

Dubai Islamic Insurance & Reinsurance Company (Aman), the pioneering UAE Takaful Insurance provider has been awarded Participating Insurer (PI)......

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AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

December 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements......

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DIB selects 50 UAE nationals for career progression-

December 6, 2021

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and the second largest Islamic bank in the world, has identified 50 UAE nationals for......

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QIIB gets ‘Excellence Award’ from UK’s GIFA

September 19, 2021

The UK-based Global Islamic Finance Awards (GIFA) committee has bestowed ‘Excellence Award’ on Qatar International Islamic Bank (QIIB)......

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Gulf Islamic Investments, Capital Bay in 500m euro real estate deal

August 31, 2021

Dubai: Gulf Islamic Investments went into a joint-venture agreement with Germany-based Capital Bay to launch a EUR 500 Million senior living real......

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