Muscat – The Central Bank of Oman’s planned introduction of Shariah-compliant money market instruments will be positive for the sultanate’s Islamic banking sector, Moody’s Investors Services has...
Muscat: Strengthening its leadership in the Islamic banking industry, Oman’s leading and most trusted Islamic bank, Bank Nizwa, announced during its recent Shari’ah Supervisory Board (SSB)...
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 Khalifa...
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, according to...
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 for Emirates...
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 (FX), it...
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 a recent...
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 (RCC), the...
