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#Islamic Finance

SHUAA launches three Sharia-compliant funds in ADGM and secures USD 75 million of commitments

SHUAA Capital has launched three Sharia compliant funds and already secured USD 75 million of commitments. The SHUAA High...

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...

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...

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...

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...

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...

Blue ocean for Islamic finance industry

Islamic finance is going digital. Muslims around the world are looking for alternative Shariah-compliant solutions to manage their daily finances. New fintechs...

Nasdaq Dubai welcomes listing of USD 300 million Sukuk by Dubai Islamic Bank

Nasdaq Dubai welcomed the listing today of a 300 million US dollar Sukuk issued by Dubai Islamic Bank (DIB), the largest Islamic...

Latest news

SHUAA Capital successfully prices USD 150m bond issuance

SHUAA Capital an asset management and investment banking platform in the region, announces that it has successfully priced a USD 150 million...

FAB shareholders approve transfer of legacy FGB banking licence to ADQ

First Abu Dhabi Bank (FAB) has received shareholder approval to transfer its legacy FGB banking licence to ADQ, one of the region's...

Central Bank of Bahrain launches a first of its kind fintech platform to drive innovation in the region

The Central Bank of Bahrain, in cooperation with the Bahrain Economic Development Board, Bank ABC, ila Bank, BENEFIT, National Bank of Bahrain...

Mastercard Priceless Planet Coalition welcomes Expo 2020 Dubai, Emirates NBD, Network International as strategic partners to fight climate change

As the effects of climate change ravage many parts of the world and we experience some of the most extreme weather events...

The new Sky-Dweller

AN INVITATION TO TRAVEL Rolex is presenting a new 18 ct yellow gold version of its Oyster Perpetual...
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