Big banks make Islamic leasing moves

Dubai Islamic Bank (DIB), which offers a variety of Islamic leasing products including those for residential properties and auto financing, plays a big role in financing Islamic leasing in the Middle Eastern region. DIB is currently proceeding to acquire the Noor Bank where members are appointed to oversee an interim board. Some research on the…

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Shaping up Islamic leasing and Fintech

CIAF Leasing, an aircraft Islamic leasing company based in Egypt is set to issue Sukuk worth US$50 million, becoming the first company in Egypt totake this step. This deal is expected to finalize in the next few weeks. The International Islamic Trade Finance Corporation (ITFC) recently held The Partners Forum 2019: Investing for Impact on…

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