News

Qatar Islamic Bank (QIB) has issued a $750m five-year sukuk, priced at a profit rate of 4.803%. The profit rate was ...
Group announced that its investment arm, KIB Invest, successfully participated as a Joint Lead Manager (JLM) in the issu ...
Pakistan's Ministry of Finance has signed a five-year financing facility amounting to $1 billion. The financing is led by Dubai Islamic Bank and Standard Chartered, with the Islamic tranche comprising ...
Turkcell Chief Executive Officer Dr. Ali Taha Koç and Dubai Islamic Bank's Group Chief Executive Officer Dr. Adnan Chilwan Turkcell has signed a landmark strategic financing agreement to bolster ...
Dubai Islamic Bank (DIB), the UAE’s largest Islamic bank, has signed a $150 million Sharia-compliant financing agreement with the Istanbul-headquartered telco Turkcell to drive critical infrastructure ...
Most Gulf stock markets settled higher on Tuesday, with Dubai's main share index marking a second consecutive session of gains and settling up 0.68%.
Sharjah Islamic Bank (SIB), rated A- by S&P (negative outlook) and BBB+ by Fitch (stable outlook), has mandated banks for a USD benchmark perpetual non-call 6-year AT1 sukuk offering. Arqaam Capital, ...
The Ministry of Finance has signed a syndicated term finance facility of USD 1,000 million partially guaranteed by a Policy Based Guarantee of the Asian Development Bank's (ADB) Programme 'Improved ...
In Dubai, banks remained the biggest contributors to corporate earnings despite a modest 2.4 per cent year-on-year decline in ...
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Turkcell (NYSE: TKC) (BIST: TCELL), Türkiye's leading technology and communications company, has secured USD 150 million in Murabaha financing from Dubai Islamic Bank PJSC, a prominent bank in ...
ABU DHABI, 4th June, 2025 (WAM) – The Central Bank of the UAE (CBUAE) has issued 7,000 silver commemorative coins to mark the Dubai Islamic Bank’s (DIB) Golden Jubilee and to honour its ...