Middle East and North Africa

Middle East and North Africa

New Sharia Standards for Islamic Banking Promoted in Dubai

Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has launched a new set of Sharia standards for Islamic banking and financing. Experts and scholars...

IDB Islamic Finance Forum Outlines Actions for Empowering Youth Entrepreneurship

The role of Islamic finance in providing venture capital, innovation and youth entrepreneurship were among the topics discussed at the 12th Islamic Development Bank...

Middle East Companies Awarded for Outstanding Corporate Governance

Good governance and ethical practices are very important in every social segment, especially in the financial sector. Changes in the economic environments and the...

Corrupt Countries Have Great Potential to Develop Ethical Business Practices

Countries with highest corruption rates have great potential to improve and develop sustainable, ethical business practices. Stakeholders are inclined to support value-based projects and businesses...

Islamic Banking Offers Ethical Alternative to Conventional Banking

Islamic banking offers ethical alternative to traditional banking, Al Rayan Bank’s Sultan Choudhury says. The Chief Executive of one of the largest UK-based Sharia-compliant banks...

Ethics-driven Ibdar Bank Appoints Ayman Sejiny as New CEO

Following an approval of the Board of Directors, Bahrain’s Ibdar Bank has announced Sunday the appointment of Ayman Sejiny as new Chief Executive Officer. Sejiny...