#Shariah-compliant

binghatti launches Binghatti Capital in Difc

Dubai’s Binghatti launches DIFC-based Shariah-compliant asset management firm

The new entity plans to manage approximately $1bn in Shariah-compliant private credit and real estate strategies

KFH offloads entire stake in Sharjah Islamic Bank for Dhs1.3bn

Kuwait’s KFH offloads entire stake in Sharjah Islamic Bank for Dhs1.3bn

The shares were sold to the Endowment of Sheikh Sultan bin Mohammed bin Saqer Al Qasimi, the Sharjah Social Security Fund and Sharjah Islamic Bank