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Fintech development is increasingly pressuring incumbent Gulf banks and brokers to adapt. Many traditional institutions still ...

Binghatti has had a rating upgrade since January, with Fitch boosting it to BB- from B+ on March 17. Binghatti received its ...

Middle East stock markets gained on Thursday as anticipation of strong blue-chip earnings offset signals that U.S. interest ...

The proceeds of the issuance will be used for a tender offer of up to $100 million on Arada’s existing Sukuk maturing 2027 ...

Turkish Airlines is financing an Airbus A350 aircraft in Swiss francs (CHF) with Dubai Islamic Bank on an Islamic finance structure. The ‘halal Ijarah’ deal, nearly a year in the making, features a ...

Turkish Airlines used an Islamic financial structure to successfully execute a lease deal on an Airbus A350 aircraft ...

Turkish Airlines Scores Islamic Finance 'First' is published in Aviation Daily, an Aviation Week Intelligence Network (AWIN) Market Briefing and is included with your AWIN membership. Already a member ...

Turkish Airlines successfully executed an innovative financing transaction for an Airbus through an Islamic finance structure.

By Seade CAESAR The rapid evolution of Islamic banking across the Gulf Cooperation Council (GCC) states comprising Saudi ...

Dubai: Turkish Airlines, the airline flying to more countries than any other, successfully executed an innovative financing ...

The Sharjah Social Empowerment Foundation announced that the Dubai Islamic Bank (DIB) Charity Fund will sponsor the entire value of the second endowment in the “Prophet’s Neighbours Endowment” series, ...