Sukuk - Global Business Magazine

Dubai Islamic Banks Report Net profit of $500 million

Global Business Magazine April 25, 2024

Higher total income coupled with lower impairment charges helped Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, to post Read More

Finance Featured Islamic Finance News World

Global Islamic Assets Set to Reach $6.7 Trillion by 2027

Global Business Magazine April 10, 2024

The global Islamic finance industry has increased its assets size by 11% to $4.5 trillion in 2022 and the Islamic assets are forecast to grow Read More

Finance Featured News Regional

Singapore’s Equities Market Outperform Peers Across Southeast Asia in Dec

Global Business Magazine January 15, 2024

The total securities market turnover on the Singapore Exchange (SGX) dropped 4.8% in December 2023 to $14.28 billion, with steady securities daily average value (SDAV) Read More

Finance Featured Health News Regional

PureHealth Raises $986 Million Through Its IPO on ADX

Global Business Magazine January 11, 2024

PureHealth, the largest integrated healthcare platform in the Middle East, has raised $986 million through its listing on the Abu Dhabi Securities Exchange (Read More

Finance Featured News Regional

SHUAA Capital Launches Sharia-Compliant Fund with Focus on Saudi Arabia

Global Business Magazine August 2, 2023

Dubai-based SHUAA Capital, the leading asset management and investment banking platform in the region, announced the launch of a new Sharia-compliant fund Read More

Finance Bonds Featured News Regional

UAE’s SCA Exempts Firms Listing Green Bonds and Sukuk from

Global Business Magazine June 8, 2023

The UAE’s Securities and Commodities Authority (SCA), has approved a proposal to exempt companies wishing to list their green or sustainability-related Read More

Finance Featured News Regional

Islamic financial assets increased by 20% in Qatar

Global Business Magazine June 30, 2022

Islamic financial assets in Qatar increased by 20% TO $172 billion in 2021, with Islamic banks accounting for 87% of these assets, followed by Islamic Sukuk (11.6%) Read More