Bank ABC (Arab Banking Corporation) announced that the group continues to recover well from the impact of 2020, improving its profitability in the first half of 2021. The bank reported a net ...
By June, the Islamic banking (IB) asset base had swelled to Rs9.7 trillion, making up 18.7 per cent of the overall industry. Of this, full-fledged institutions had a share of 12.3pc, or Rs6.4tr ...
4 in the Association of Southeast Asian Nations (ASEAN) by assets, is looking to set up more Islamic banking branches as it reviews where to best position them alongside some of its other branches ...
Dubai Islamic Bank, the biggest Islamic lender in the UAE, has issued a $500 million AT1 sukuk with a profit rate of 5.25%, down from initial price thoughts of 5.75%. The sukuk will be dual listed on ...
The committee received a briefing from the governor of the SBP on the Islamic banking system. It was explained that Islamic banking is regulated by the Shariah Advisory Committee and the Shariah ...
MANILA, Philippines — Maybank Philippines Inc. is ramping up its efforts to expand Islamic banking in the country, with plans to activate seven new Islamic banking units (IBUs) by the end of the ...