Middle East and North Africa

Middle East and North Africa

Soft Loans for Jordan’s Solar Rebate Scheme

Jordan's Ministry of Energy and Mineral Resources has signed an agreement with the Housing Bank for Trade and Finance (HBTF) to support a rebate...

Bahrain and Saudi Capital of Riyadh Named as Top Fintech Ecosystems...

The Kingdom of Bahrain and Saudi Arabia’s capital city Riyadh were recently chosen as the top Fintech ecosystems to watch closely, according to a...

Sarwa Capital Announces Closing of Its EGP 2.5bn Inaugural Sukuk Issuance

Sarwa Capital for consumer and structured financial services has successfully closed its inaugural Sukuk issuance by Sarwa Sukuk, a subsidiary of Sarwa Capital, of...

Islamic Banking Penetration Faces First Setback Since 2015

The overall penetration of both conventional and Islamic banking in 2020 has seen a small reduction, falling from 60 percent to 58 percent for...

Strong Penchant for Islamic Equities Lifts QSE above 10,300 Levels

A strong penchant for the Islamic equities yesterday lifted the Qatar Stock Exchange above the 10,300 levels. The industrials and consumer goods counters witnessed higher...

Dubai Islamic Bank Lists $1bn Sukuk on Nasdaq Dubai

Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE, rang the market-opening bell at the Nasdaq Dubai on Tuesday, November 24, to...