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Kuwait Finance House to take three years to fully convert AUB to become Islamic bank

21 Jan 2020
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KFH shareholders on Monday approved the acquisition of Bahrain’s Ahli United Bank.
Islamic Finance
Kuwait Finance House shareholders approve acquisition of Bahrain’s Ahli United Bank
21 Jan 2020
News
Islamic Finance
Investments into key Islamic economies Indonesia, Saudi Arabia rise in 2019 as global FDI dips
21 Jan 2020
News
Islamic Finance
National Bank of Bahrain set to own 78.8% of Bahrain Islamic, both banks to operate independently
20 Jan 2020
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Saudi Arabia announces ‘record year’ for foreign investments in 2019
20 Jan 2020
News
Islamic Finance
UAE releases first set of guiding principles on sustainable finance that ‘take into consideration Shariah law’
16 Jan 2020
News
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Islamic Finance
UK invites banks to tender for sukuk syndication services
The banks will work as joint lead managers alongside HSBC that was appointed in November.
21 Jan 2020
News
Islamic Finance
Kuwait Finance House to take three years to fully convert AUB to become Islamic bank
KFH shareholders on Monday approved the acquisition of Bahrain’s Ahli United Bank.
21 Jan 2020
News
Islamic Finance
Kuwait Finance House shareholders approve acquisition of Bahrain’s Ahli United Bank
KFH said the ordinary general assembly approved the bank’s Sharia Supervisory Board’s report on the acquisition of AUB and to convert it to become Shariah-compliant.
21 Jan 2020
News
Islamic Finance
Investments into key Islamic economies Indonesia, Saudi Arabia rise in 2019 as global FDI dips
FDI globally declined 1% to $1.39 trillion in 2019 .
21 Jan 2020
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Indonesia’s KNKS to be renamed National Sharia Economy and Finance Committee to be headed by VP Ma’ruf Amin
KNKS has already been covering Islamic sectors beyond finance, a responsibility it gradually took on since its establishment in 2017.
20 Jan 2020
News
Islamic Finance
National Bank of Bahrain set to own 78.8% of Bahrain Islamic, both banks to operate independently
NBB previously owned 29.06% of Bahrain Islamic Bank.
20 Jan 2020
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Saudi Arabia announces ‘record year’ for foreign investments in 2019
1,131 new international companies set up operations in the country in 2019 compared to 736 in 2018.
20 Jan 2020
News
Halal Industry
Saudi food company Almarai fourth-quarter profit down 16% on higher expenses
The company made 311.9 million riyals ($83.17 million) in net profit versus 370.8 million riyals for October to December 2018.
20 Jan 2020
News
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Indonesia developing Islamic Economic Report as reference for industry development
The National Committee for Islamic Finance will finish the work of compiling the report in the third quarter of this year at the earliest.
17 Jan 2020
News
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Brexit brings risks and opportunities for UK Islamic finance but unlikely to revolutionise domestic industry, say experts

16 Jan 2020
News
Islamic finance could play a role in bilateral trade negotiations, according to stakeholders.
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Indonesia’s KNKS to be renamed National Sharia Economy and Finance Committee to be headed by VP Ma’ruf Amin
20 Jan 2020
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UAE releases first set of guiding principles on sustainable finance that ‘take into consideration Shariah law’
16 Jan 2020
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Halal Show India

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Halal Hannover

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Global Islamic Fintech Report 2019

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Report: State of the Global Islamic Economy 2019/20

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