Islamic Finance MENA Edition
Zawya Coverage
MENA's high unemployment rate means education must re-conceptualise
Bad loans at UAE banks likely to increase once relief measures are over - S&P
Dubai's DGCX launches Pakistan rupee futures contract
Dubai's Emaar to operate cinemas in Saudi Arabia
Saudi Arabia's Shams will reduce capital to offset $9.47mln losses
Latest News
Faisal Bank of Egypt’s business volume rises
Faisal Islamic Bank of Egypt (FAIT) levelled up 11.2% Year on Year (YoY) by the end of March 2021
Salama's OGM approves 8% dividends for H2 2020
The shareholders have set the last entitlement date on April 26 and the payment date on May 11
Al Baraka Bank-Egypt's shareholders approve capital hike via bonus issue
Shareholders approved a proposal to distribute dividends of 60% of the paid-up capital through a 0.6-for-one bonus issue
Dubai Islamic Bank sells $500mln in perpetual sukuk
Profit rate comes at 3.375%
Inertia Egypt inks deal with Banque Misr to obtain Islamic funding
The project is being built over an area of 5.5mln square metres
UAE's Gulf Islamic Investments acquires residential development in London
The West End buy takes total value of GII's London investments to $344mln
