Middle East and North Africa

Middle East and North Africa

Kuwait’s CMA awards market maker license to KFH Capital

Kuwait’s Capital Markets Authority (CMA) has granted a market maker licence to KFH Capital Investment Co, the investment arm of Kuwait Finance House (KFH),...

Performance of Islamic Banking in Morocco is Below Expectations

Financial data indicate that, two years after being authorised in Morocco, Islamic banks have not met the objectives of the government for the very...

13th New Age Banking Summit Awards Honour Qatari Banking and Financial...

Qatari banks and financial institutions which have shown outstanding achievement and contribution to the banking and financial industry have been recognised at the 13th...

BisB Appoints New Board Members

Bahrain Islamic Bank (BisB) announced the appointment of Jean-Christophe Durand, Yaser AlSharifi, and Dana Buheji as its new board members, following the decision of...

Boubyan Bank’s Sukuk Oversubscribed by More than 6 Fold, Amounting to...

Boubyan Bank has announced its regional and international success in covering the subscription in its first initial unsecured sukuk under the umbrella of a sukuk...

ESIC Makes AED 1 Billion Property Purchase with Sukuk Funds

Emirates Strategic Investments Company (ESIC) announced that it has acquired two mixed-use properties in the United Arab Emirates, one of a series of investments...