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Tag Archives: Islamic banking

World Finance Magazine awards Temenos “Best Islamic Banking & Finance Software Solution” at their 2018 Islamic Finance Awards

IslamicSuite, Temenos’ scalable innovative technology, scores highly in both reader votes and judges panel to come out on top at this year’s Islamic Finance Awards The banking software company, today announced that it has won “Best Islamic Banking & Finance Software Solution” in World Finance magazine’s annual Islamic Finance Awards ( Temenos’ IslamicSuite ( was first nominated by World Finance …

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Warba Bank Educates Kuwaiti Youth On Islamic Banking & Entices Them To Join its Workforce

Participated at AUM career fair. Kuwait – Warba bank, the fast-growing which provides a wide spectrum of banking and investment services compatible with Islamic Shariah according to int’l levels, announced its participation at AUM career fair being held for one day at the university campus on April 18. Warba’s participation stems from its social commitment to develop graduates’ professional skills …

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Islamic Banking Remains Niche Market in North Africa

Awareness of Sharia-compliant financial services highest in Tunisia by A. Demirguc-Kunt, L. Klapper, D. Randall, and J. Sonnenschein This article is the second in a two-part series on global financial inclusion based on data collected for the World Bank Global Financial Inclusion (Global Findex) database. In four North African countries — Algeria, Egypt, Morocco, and Tunisia — as well as …

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Bank Sohar deploys Path Solutions’ iMAL Islamic banking software

Path Solutions , the global leader in information technology for the Islamic financial services industry today announced that Sohar Islamic, the Islamic window of Bank Sohar Muscat has gone live successfully on iMAL across its entire operations to offer Corporate and Retail Banking, Treasury and Trade Finance services to its customers through its four branches located in Muscat, Batinah, Salalah …

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SNR Denton advises Qatar International Islamic Bank on its debut US$700 million Sukuk issuance

SNR Denton has acted on behalf of Qatar International Islamic Bank ( QIIB ) in connection with its successful debut US$700 million Sukuk issue. The transaction represents QIIB‘s first international debt capital markets issuance. The 5-year Sukuk (rated “A-” by Fitch and “A3” by Moody’s) used a mixed wakala / mudaraba structure that is being increasingly adopted by regional financial …

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Group CEO of Noor Investment Group confirmed to speak at the CEO Roundtable for World Islamic Retail Banking Conference

Fleming Gulf’s 4^th World Islamic Retail Banking Conference will see participation from the Group CEO of Noor Investment, Mr. Hussain AlQemzi, as a panelist in the CEO Roundtable. Hussain AlQemzi, Group CEO of Noor Investment Group and CEO of Noor Islamic Bank will share his thoughts on Islamic Retail Banking Strategies at the CEO Roundtable at Fleming Gulf’s 4th Annual …

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