Middle East and North Africa

Middle East and North Africa

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...

The role of digital currencies and Blockchain in Islamic finance

The growing popularity of digital currencies and technology such as blockchain in various industries has sparked a revolution in terms of how people pay...

Islamic Bank invests in TAPI pipeline

The Islamic Development Bank has announced a $500 million loan to the proposed Turkmenistan-Afghanistan-Pakistan-India (TAPI) pipeline project, supported by the US rehabilitation policy for...

ANB Most Sustainable Bank in Saudi Arabia

Arab National Bank (ANB) was named the Most Sustainable Bank in Saudi Arabia by World Finance magazine, a well-regarded UK-based publication. ANB Managing Director and...

Central Bank of Bahrain urges risk-sensitivity

The Central Bank of Bahrain Governor Rasheed Mohammed Al Maraj urged global Islamic bankers be more risk-sensitive in uncertain economic conditions Al Maraj stressed the...

CEO of DIEDC to keynote WIBC

The CEO of the Dubai Islamic Economic Development Centre (DIEDC) will deliver the keynote at the upcoming World Islamic Banking Conference (WIBC). Abdulla Al Awar...