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World Islamic Banking Conference announces landmark 26th edition

The 26th Annual World Islamic Banking Conference (WIBC) is all set to take place in December this year.Held under the patronage of HRH Prince...
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New Gold-based, Sharia-compliant cryptocurrency to enter UAE market

Coin M, a gold-based, Sharia-compliant cryptocurrency, a first-of-its-kind in the Middle East region, might be available in the UAE market by end of 2019,...
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Equitativa Dubai eyes AED 200mn deals for Emirates REIT by 2020

Equitativa (Dubai), GCC’s largest Real Estate Investment Trusts (REITs) manager, is planning an investment of up to $54.4mn (AED200mn) in new real estate acquisitions...
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Bank Nizwa credit card holders enjoy credit-free transactions while on travel

Bank Nizwa’s credit card holders can avail credit-free transactions while on travel as the Sultante’s leading Islamic bank is waving fees on foreign transactions...
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ADNOC Distribution Shares are now Shari’a Compliant

UAE’s largest fuel and convenience retailer, ADNOC Distribution, today announced that its shares have now been certified as Shari’a-compliant. The move is based on...
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Bank Nizwa, Raysut Cement Company ink OMR19.5mn finance agreement

Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company...
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