Islamic banking
The listing's order book exceeded $2.10 billion, which reflects an oversubscription rate of 2.8 times
The assets of Islamic banks operating in the UAE increased by about $23.41 billion over the past 12 month
Strong demand seen from the eight primary dealers for both the 3-year and 5-year tranches of the sukuk
According to the report, this growth is primarily due to strong demand from the public and the popularity of Islamic products
Landmark Murabaha facility signals new era of UAE-Türkiye relations
Islamic banks account for 17.3 percent of the UAE banking system's total assets
An over-subscription of 2.5 times demonstrates investor trust in the lender
The Islamic finance sector experienced an 11 percent growth in 2022
Qatar is home to 24 of the 417 identified Islamic fintech firms globally.
Setting a strong tone for Islamic finance globally
