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Tag: Shariah-compliant

IsDB’s insurance arm ICIEC & FAIR sign MoU to strengthen bilateral...

The Islamic Corporation for the Insurance of Investment and Export Credit (ICIEC) and the Federation of Afro-Asian Insurers and Reinsurers (FAIR) have signed a...

UAE’s GII forms JV to fund Europe’s senior living real estate...

The Gulf Islamic Investments (GII), UAE’s leading Shariah-compliant global financial management firm and Capital Bay Group (CB), a Germany-based fully integrated international investment and...

World’s largest ethical, sharia-compliant Fund unveiled by UK-based Ethos Invest

The Financial Services & Technologies Fund, founded by UK-based Ethos Invest with a targeted fundraise of £1 billion for private equity investments in sharia-compliant...

ACWA Power secures $749mn in its maiden 7-year sukuk issuance

Saudi Arabia’s leading developer ACWA Power successfully raised $746 million through a senior, unsecured floating Sukuk rate issuance with a 7-year tenor, under the...

ADIB unveils one-year healthcare equities note for investors

UAE’s leading Islamic Bank, Abu Dhabi Islamic Bank (ADIB) has launched a new healthcare-focused equities basket note which offers 95 percent capital protection while...

APICORP provides $125mn 5-year Shariah-compliant facility to ACWA

Arab Petroleum Investments Corporation (APICORP), the Middle East and North Africa (MENA) region's multilateral development financial institution, has signed a $125 million 5-year Shariah-compliant...
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