Tag: shari’a-compliant
CBO’s Shari’a Compliant Money Instruments Look Positive For Oman’s Islamic Banking Sector: Moody’s
Muscat – The Central Bank of Oman’s planned introduction of Shariah-compliant money market instruments will be positive for the sultanate’s Islamic banking sector, Moody’s Investors...
Bank Nizwa Elects New Chairman and Vice-Chairman of Shari’ah Supervisory Board
Muscat: Strengthening its leadership in the Islamic banking industry, Oman’s leading and most trusted Islamic bank, Bank Nizwa, announced during its recent Shari’ah Supervisory...
World Islamic Banking Conference announces landmark 26th edition
The 26th Annual World Islamic Banking Conference (WIBC) is all set to take place in December this year.
Held under the patronage of HRH Prince...
New Gold-based, Sharia-compliant cryptocurrency to enter UAE market
Coin M, a gold-based, Sharia-compliant cryptocurrency, a first-of-its-kind in the Middle East region, might be available in the UAE market by end of 2019,...
Equitativa Dubai eyes AED 200mn deals for Emirates REIT by 2020
Equitativa (Dubai), GCC’s largest Real Estate Investment Trusts (REITs) manager, is planning an investment of up to $54.4mn (AED200mn) in new real estate acquisitions...
Bank Nizwa credit card holders enjoy credit-free transactions while on travel
Bank Nizwa’s credit card holders can avail credit-free transactions while on travel as the Sultante’s leading Islamic bank is waving fees on foreign transactions...
ADNOC Distribution Shares are now Shari’a Compliant
UAE’s largest fuel and convenience retailer, ADNOC Distribution, today announced that its shares have now been certified as Shari’a-compliant. The move is based on...
Bank Nizwa, Raysut Cement Company ink OMR19.5mn finance agreement
Bank Nizwa, the Sultanate’s leading Islamic banking and financial solutions provider, signed an OMR 19.5mn deal for Shari’a-compliant financing facilities with Raysut Cement Company...