Middle East and North Africa

Middle East and North Africa

Tougher Rules Needed on Cryptocurrency Trading, Abu Dhabi Regulator Says

Tighter international regulations is needed for cryptocurrency trading to mitigate financial crime, said the head of the Financial Services Regulatory Authority of the Abu...

QIB Wins Two Awards at 7th New Age Banking Summit

Qatar Islamic Bank (QIB) has won two awards from the ‘New Age Banking & Finance Awards 2018’ as part of the seventh edition of...

KFH Promotes Financial Comprehension And Awareness About Customers Protection Guide

Kuwait Finance House (KFH) has announced employee training courses with a simplified guide for on the bank's customers protection guide. This process aims to...

Al Hilal Bank Successfully Closes Landmark $500 Million Sukuk

Al Hilal Bank PJSC, rated A2 by Moody's and A+ by Fitch, has successfully closed a USD500 million 5-year Senior Sukuk. The transaction, under...

Alizz Islamic Inks Pact with Takaful Oman

Reinforcing its position as one of Oman's most innovative Islamic banking institutions, Alizz Islamic Bank signed a Memorandum of Understanding (MoU) with Takaful Oman,...

OneGram Lists Islamic Cryptocurrency on Its Own Virtual Exchange

Dubai-based OneGram Group has listed a cryptocurrency it bills as sharia-compliant on the company’s virtual exchange and is planning additional listings in coming months,...