Union Bank PLC Names Md Fariduddin Ahmed as Chairman to Boost Islamic Finance
Union Bank PLC, a key player in the Islamic finance sector, is embarking on a transformative journey with the recent appointment of Md Fariduddin …
Islamic Banks
Waafi Bank Partners with Bank of London for UK Services
In an ambitious move that has the potential to reshape the landscape of Islamic banking in the UK, Waafi Bank has chosen The Bank of London as its …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche offering into a mainstream component of the financial …
Amana Bank Sri Lanka Named Best Islamic Bank in South Asia
Amana Bank has recently been adorned with the prestigious title of ‘Best Islamic Bank in South Asia 2024’ by Brands Review Magazine Awards. This …
Maldives Hosts Global Islamic Finance Summit 2024
The Islamic finance industry is witnessing an unprecedented surge in interest. It is driven by its ethical principles, focus on social responsibility …
Kuwaiti Lenders Boubyan and Gulf Bank Consider Merger to Form Islamic Bank
In a significant move for the Kuwaiti financial sector, Boubyan Bank and Gulf Bank have announced plans to merge, forming a new banking entity that …
Qatar Islamic Bank, Qatar Airways Add New Features to Co-Branded Cards
Doha—In an exciting development for travelers and credit card enthusiasts alike, Qatar Islamic Bank (QIB) and Qatar Airways Privilege Club have …
Bank Nizwa Highlights Waqf Significance and Hosts Workshop on Endowments
Muscat: Bank Nizwa, the leading Islamic bank in Oman, has taken a significant step towards enhancing the understanding and implementation of Waqf …
Maybank Leads RM4B Sukuk for Sarawak Petchem Plant
Maybank has announced its significant role in financing and providing hedging facilities for Sarawak Petchem’s first methanol production plant, …
Faysal Bank Projects Earnings to Double in Three Years
We are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. This valuation is based on a Price-to-Book (P/B) …
Moody’s Reaffirms IsDB’s ‘AAA’ Rating
The Islamic Development Bank (IsDB) has once again demonstrated its financial prowess, securing a “AAA” credit rating with a “Stable …
Fitch Affirms ‘A’ Rating for Qatar International Islamic Bank with Stable Outlook
Fitch Ratings, a leading global credit rating agency, has recently reconfirmed the Long-Term Issuer Default Rating (IDR) of Qatar International …
