Maybank Leads RM4B Sukuk for Sarawak Petchem Plant2024-07-23 by Aamer YaqubMaybank has announced its significant role in financing and providing hedging facilities for Sarawak Petchem’s first methanol production plant, …Read moreMaybank Leads RM4B Sukuk for Sarawak Petchem Plant
Moody’s Reaffirms IsDB’s ‘AAA’ Rating2024-07-22 by Aamer YaqubThe Islamic Development Bank (IsDB) has once again demonstrated its financial prowess, securing a “AAA” credit rating with a “Stable …Read moreMoody’s Reaffirms IsDB’s ‘AAA’ Rating
Islamic Banks Constitute 21% of UAE’s Gross Domestic Credit in the UAE2024-07-18 by Aamer YaqubKUALA LUMPUR: The UAE banking industry has shown remarkable growth in 2024, with Islamic banks playing a crucial role. The Central Bank of the UAE …Read moreIslamic Banks Constitute 21% of UAE’s Gross Domestic Credit in the UAE
SAMA Regulations Enhance Transparency in Saudi Islamic Banking2024-07-15 by Aamer YaqubThe Saudi Central Bank (SAMA) has rolled out a series of regulations from 2020 to mid-2024 that have notably enhanced the transparency and Shariah …Read moreSAMA Regulations Enhance Transparency in Saudi Islamic Banking
BoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar2024-07-13 by Aamer YaqubPESHAWAR: The Bank of Khyber (BoK) has made a groundbreaking move by opening the first women-centric Islamic banking branch in Khyber Pakhtunkhwa. …Read moreBoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar
Sharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai2024-07-12 by Aamer YaqubNasdaq Dubai has proudly announced the listing of a $500 million Sukuk by Sharjah Islamic Bank (SIB), marking a significant milestone in the …Read moreSharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai
FABMISR Egypt Establishes Sharia Supervisory Committee for Islamic Banking2024-07-08 by Aamer YaqubFABMISR, one of Egypt’s leading banks, has announced the formation of a new Internal Sharia Supervisory Committee (ISSC) to oversee and regulate its …Read moreFABMISR Egypt Establishes Sharia Supervisory Committee for Islamic Banking
Affin Bank to Launch Islamic Digital Asset Fund2024-07-04 by Aamer YaqubKUALA LUMPUR: Affin Bank Bhd is making headlines with its plan to distribute the Islamic version of the newly launched Cross Light Capital Performa …Read moreAffin Bank to Launch Islamic Digital Asset Fund
Islami Bank Surpasses Sonali Bank as Largest Lender by Deposits2024-07-03 by Aamer YaqubIslami Bank Bangladesh PLC has reached a remarkable milestone by becoming the largest lender in the country by total deposits, overtaking Sonali Bank …Read moreIslami Bank Surpasses Sonali Bank as Largest Lender by Deposits
Abu Dhabi Islamic Bank Partners with Silent Eight for Compliance Automation2024-07-01 by Aamer YaqubAbu Dhabi Islamic Bank (ADIB), a leader in the Islamic finance industry, has embarked on a transformative journey by partnering with Silent Eight, a …Read moreAbu Dhabi Islamic Bank Partners with Silent Eight for Compliance Automation
PACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+2024-06-28 by Aamer YaqubIn a major milestone for MCB Islamic Bank, the Pakistan Credit Rating Agency Limited (PACRA) has elevated the bank’s long-term entity rating …Read morePACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+
Egypt’s Islamic Banking Transactions Hit $14.5 Billion in March 20242024-06-28 by Aamer YaqubBy the end of March 2024, Egypt’s Islamic banking sector reached a significant milestone, with transactions valued at EGP 701 billion ($14.51 …Read moreEgypt’s Islamic Banking Transactions Hit $14.5 Billion in March 2024