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#Shariah Compliant

Islamic banks assets increased by AED 86 billion over past 12 months

The Islamic banks’ deposits increased to AED 509.4 billion at the end of February, reflecting an annual increase of 15.8%

ADIB refutes report of talks to buy $1.1 billion stake in Indonesian bank

The Islamic bank said that it strongly denies that it is in talks to acquire a minority stake in the Indonesian lender

ADIB leads closure of AED 863 million Shari’ah-compliant syndicated loan

ADIB acted as the lead arranger, coordinator, bookrunner, Shari’ah advisor, and investment and security agent on the deal

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

The personalised proposition is designed to offer a premium range of wealth management services catering to clients with account balances starting from EGP 20 million upwards

National Bonds partners with Ports, Customs & Free Zone (PCFC) in promoting a Culture of Savings for employees and their families

National Bonds, a Shari’a-compliant savings and investment company, announced a new partnership with the Ports, Customs and Free Zone Corporation (PCFC), that aims to...

International digital Islamic bank, Nomo, launches multi-currency accounts and card

Nomo, the world’s first fully digital Sharia-compliant cross-border bank, has announced the launch of their new multi-currency accounts, allowing customers to hold, spend and...

Daman Investments mandated for a 400 million Dirhams shariah compliant fixed income strategy from a UAE based institution

Daman Investments has been mandated  a sharia compliant fund with an Assets Under Management (AUM) of USD 105 Million (AED 400 Million) from a...

DDCAP Groupâ„¢ announces ETHOSTerminalâ„¢

ETHOSTerminal™ brings additional integration functionality to DDCAP clients via an open market environment that enables users full discretion in choosing trade counterparts. This upgraded functionality has...

Mambu first to market with Sharia Compliant SaaS banking platform

Mambu announced the launch of the Sharia-compliant version of its SaaS banking platform. The solution caters to the needs of Islamic banks and lenders,...

GFH Financial Group (GFH) signs agreement with Bahrain Bourse (BHB) and the Central Bank of Bahrain (CBB), which will allow the group to offer...

GFH Financial Group (GFH) today announced the signing of an agreement with Bahrain Bourse (BHB) and the Central Bank of Bahrain (CBB), which will...

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