Middle East and North Africa

Middle East and North Africa

Demand for Islamic Banking to Drive Profitability in UAE

Emirates Islamic, belonging to Emirates NBD Group, is gaining traction in asset growth, profitability and asset quality, thanks to strong demand for Islamic banking...

Frenkel Topping Group launches Ascencia Islamic Portfolio

Frenkel Topping Group, a specialist independent financial advisor and asset manager focused on asset protection for vulnerable clients who have suffered a serious accident...

Maybank to Link Asean, GCC with Islamic Banking

Maybank Islamic Bhd (MIB), the largest Islamic bank by asset in Asean, wants to be the bridge for the Islamic banking sector between the...

KFH Contributes to Funding of Bahrain’s Dilmunia and Mixed-Use Real Estate

Dilmunia, a 125-ha, man-made island being built in the Muharraq Governorate, is one such project. Local firm Ithmaar Development Company (IDC) is master developer...

The Innovators 2019: Islamic Finance

The strict rules against charging interest and investments deemed contrary to Shariah law earn Islamic finance an understandable reputation for conservatism. But a wider-angle...

Oman’s OFIC Secures $46m Financing for New Food Projects

Bank Nizwa has signed a OR18 million ($46.8 million) sharia-compliant financing agreement with Oman Food Investment Holding Co (OFIC). The financing will help the...