Islamic banking

UAE’s Islamic T-sukuk auction attracts bids worth $2.67 billion, oversubscribed 8.9 times

Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk

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

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

Dubai Islamic Bank issues landmark $1 billion sustainable sukuk

An over-subscription of 2.5 times demonstrates investor trust in the lender

CBUAE: UAE ranks as fourth largest Islamic finance market globally

The Islamic finance sector experienced an 11 percent growth in 2022

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.

FAB issues first sukuk globally in 2024 worth $800 million

Setting a strong tone for Islamic finance globally

UAE Islamic T-Sukuk record AED9.39 billion in bids

The auction value recorded 2.8 billion, oversubscription grows 3.35 times