The new facility will enable Ajlan Group to further diversify the pool of banks and funding sources which will be used to ...

TEHRAN- TEDPIX, the main index of the Tehran Stock Exchange (TSE), dropped 8,975 points to 2.562 million on Sunday, which is ...

In the first half of 2025, Tuum, a core banking platform, has unveiled a suite of updates that aim to improve how financial ...

With this transaction, TWF’s total funding raised through Islamic finance instruments has now surpassed $1.8bln ...

The Islamic Corporation for the Development of the Private Sector announced the successful closure of USD 145 million Shariah ...

Iran’s National Petrochemical Company (NPC) is seeking to attract $100 billion in domestic and foreign investment to complete ...

Kuwait International Bank (KIB), represented by its Real Estate Department, announced the delivery of its fifth specialized ...

As demand for Shariah-compliant investment grows, Islamic commercial papers could provide ethical returns and liquidity for faith-conscious investors ...

The Abu Dhabi Commercial Court (First Instance) has rejected a lawsuit filed by a bank against a client who had defaulted on ...

The profit increase was driven by higher margin realized in property sale and the increase in project management and contracting revenues. Finance costs declined while non-operating income from ...

Kuwait International Bank (KIB) has announced the signing of a partnership agreement with The British School of Kuwait (BSK), allowing parents to benefi ...

In a strategic move aimed at diversifying the country’s funding sources, Egypt is preparing to issue up to $2 billion in sovereign sukuk bonds this year.