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Islamic banking
Islamic banking in Qatar emerges as growing force with 25 percent sector assets in 2023: Report
According to the report, this growth is primarily due to strong demand from the public and the popularity of Islamic products
Banking & Finance
Sharjah Islamic Bank provides $100 million Islamic finance facility for Türkiye Wealth Fund
Landmark Murabaha facility signals new era of UAE-Türkiye relations
Banking & Finance
UAE’s Islamic banking assets reach new highs, exceed $190.6 billion in 2023
Islamic banks account for 17.3 percent of the UAE banking system's total assets
Banking & Finance
Dubai Islamic Bank issues landmark $1 billion sustainable sukuk
An over-subscription of 2.5 times demonstrates investor trust in the lender
Banking & Finance
CBUAE: UAE ranks as fourth largest Islamic finance market globally
The Islamic finance sector experienced an 11 percent growth in 2022
Qatar
Qatar’s Islamic fintech market set to grow to $4 billion by 2027: Report
Qatar is home to 24 of the 417 identified Islamic fintech firms globally.
Banking & Finance
10 UAE banks record $12.6 billion in net profits in 2023
Rising by 63 percent
Banking & Finance
FAB issues first sukuk globally in 2024 worth $800 million
Setting a strong tone for Islamic finance globally
Markets
UAE Islamic treasury T-Sukuk record AED9.39 billion in bids
The auction value recorded 2.8 billion, oversubscription grows 3.35 times
Banking & Finance
Europe and US offer growth opportunities for GCC banks — report
With focus on Islamic banking services