Islamic Finance

ENBD REIT appoints Savills and Bluehaus Group to upgrade largest asset

ENBD REIT the Shari’a compliant real estate investment trust managed by Emirates NBD Asset Management, has announced a major refurbishment programme for its largest...

Emirates Islamic closes $500 million Sukuk issuance

Emirates Islamic successfully closed the issuance of a US$ 500 million 5-year Sukuk from its US$ 2.5 billion Certificate Issuance Programme. The landmark issuance rated...

SUSTAIN.EXCHANGE to build technological solutions and infrastructure

SUSTAIN.EXCHANGE, the first Islamic compliant crypto ecosystem announced that it is building technology solutions and infrastructure on Tezos, a leading decentralized public blockchain. In the...

Emirates Islamic partners with Emirates Skywards to launch exclusive Credit Card

Emirates Islamic and Emirates Skywards, the award winning loyalty programme of Emirates and flydubai, have launched Emirates Islamic Skywards Black Visa Credit Card –...

Islamic Securitization Program launched by KFH-Bahrain

KFH–Bahrain, announced the launch of a first-of-its-kind Shari’a compliant Securitization Program offering financial institutions and state-owned entities an innovative solution to manage both their...

Highest ratings in Principles for Responsible Investment (PRI) Assessment Report 2020 awarded to SEDCO Capital

SEDCO Capital, a global Shariah-compliant asset manager, announced that it has received the highest possible rating by the United Nations-supported Principles for Responsible Investment...

Boursa Kuwait announces the listing of “KFH Capital REIT”

Boursa Kuwait announced the listing of "KFH Capital REIT" starting Tuesday, September 1, 2020, which is the first local real estate investment trust (REIT)...

Noor Takaful and Ajman Bank enter strategic partnership

Noor Takaful (a Dar Al Takaful company), has entered a strategic partnership with Ajman Bank. The partnership will see the addition of an array...

SALAMA announces AED11.5 million surplus distribution to Takaful policyholders for 2019

Islamic Arab Insurance Company (“SALAMA”), a Shari'a compliant Takaful solutions provider announced a payment of surplus (cash returns) of AED11.5 million to eligible group...

Mashreq Al Islami Income Fund (Sukuk Fund) surpasses US$150 million Assets Under Management

Mashreq Capital announced that its Mashreq Al Islami Income Fund has surpassed $150 million in assets under management, and is now one of the...

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