#Shariah Compliant

Banking & Finance

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

MEA Finance - April 17, 2024 0

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

Banking & Finance

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

MEA Finance - March 27, 2024 0

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

Banking & Finance

ADIB-Egypt unveils Shariah-compliant private banking for HNWIs

MEA Finance - January 1, 2024 0

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

Banking & Finance

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

MEA Finance - August 16, 2023 0

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...

Banking & Finance

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

MEA Finance - March 13, 2023 0

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...

Investments

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

MEA Finance - February 16, 2022 0

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

Technology

DDCAP Group™ announces ETHOSTerminal™

MEA Finance - July 8, 2021 0

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...

Technology

Mambu first to market with Sharia Compliant SaaS banking platform

MEA Finance - March 24, 2021 0

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...

MEA Finance - March 24, 2021 0

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

Islamic Finance

Royal Group inks the world’s first Islamic green financing agreement of $250 million in the hospitality sector with Maybank Singapore

MEA Finance - March 23, 2021 0

Royal Group of Companies (“Royal Group”) has obtained the world’s first Islamic green financing in hospitality from Maybank Singapore. The total financing of S$250...

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