Is Islamic Banking Ready To Embrace Fintech?

JEDDAH: Over the past decade, financial technology — widely referred to as FinTech — has grown primarily due to growing Internet access worldwide and the emergence of smartphones and apps. According to the Ericsson Mobility Report published last year, 70 percent of...

Meydan Secures $272m Of Islamic Financing From ADIB

The deal will help finance developer’s current and future projects including those along the Dubai Water Canal Dubai developer Meydan Group has secured a $272 million Islamic financing facility from Abu Dhabi Islamic Bank (ADIB) to fund its projects in Dubai, the two...

Bank Nizwa Named ‘Best Performing Islamic Bank In Oman’

Reflecting its position as the Sultanate’s leading Islamic financial institution, Bank Nizwa was named the ‘Best Performing Islamic Bank in Oman’ for the second year in a row during the 23rd Annual World Islamic Banking Conference (WIBC). The Bank was awarded the...
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