Islamic Finance MENA Edition
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ICD, Finterra collaborate for sustainable business growth
ICD’s collaboration with Finterra is based on the its highly powered blockchain solutions for Islamic social finance, namely, SadaqahChain, WAQFChain and ZakatChain
GFH reveals market making activity for May
In Bahrain Bourse, the company purchased 749,000 securities, and sold 11.38mln shares
Egypt Faisal Islamic Bank gets FRA's approval for capital raise
The disclosure form included the board of directors’ approval to raise the company’s issued capital by $66.02mln
Abu Dhabi's National Takaful acquires 4.9% stake in Dubai's Dar Al Takaful
The stake amounts to $1.6mln
Salama's profit down to $3.7mln in Q1-20
The DFM-listed firm’s accumulated losses amounted to $98.96mln
Kuwait's Warba Bank receives regulatory approval for $486mln Sukuk
The issuance is part of a Sukuk programme at a maximum value of $2bln
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