First Abu Dhabi Bank (FAB) issued on Thursday a five-year Sukuk worth $800 million at a rate …
Tag:
Islamic finance
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Financial Institutions
Islamic banking is dominant in Saudi Arabia; says Fitch
by Yomna Yasserby Yomna YasserFitch Ratings said Tuesday the Islamic finance is a mature and developed industry in Saudi Arabia, representing …
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EFG-Hermes Leasing, a wholly owned subsidiary of Egypt-based investment bank EFG-Hermes, is working on securing a sharia-compliant …
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Islamic finance is gaining prominence as a channel for China to expand its economic influence abroad as …
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The Bank of England is studying ways to increase the number of sharia-compliant assets that Islamic financial …
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Banks
Banque Misr to Underwrite EGP600 million of Noran Sugar’s Islamic Finance
by Yomna Yasserby Yomna YasserBanque Misr is set to underwrite EGP600 million of the EGP1.5 billion Shariah-compliant finance arranged for Noran …
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Banks
NBE Grants EGP200mn Islamic Finance for a Company Working in Industry Sector
by Yomna Yasserby Yomna YasserThe National Bank of Egypt (NBE) announced a new Sharia-compliant loan agreement worth EGP 200 million ($28.7 …
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Senior management from Barwa Bank, Qatar’s fastest growing Shari’ah compliant bank, participated in key industry discussions at …
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Banks
Electricity, Banque Misr Ink Islamic Finance to Rehabilitate Boiler Unit in Egypt
by Yomna Yasserby Yomna YasserEgyptian Ministry of Electricity will be signing today an agreement with Banque Misr (BM) over obtaining a …
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Rapidly-growing Islamic-based finance will drive the next phase of economic growth across the Middle East and North …
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