Middle East and North Africa

Middle East and North Africa

Saudi Arabia Targets $2Bln with New Islamic Bonds

Saudi Arabia has started marketing U.S. dollar-denominated sukuk, or Islamic bonds, with the issue expected to be around $2 billion in size, a document...

While Scholars Debate, Digital Innovations Enter Islamic Finance Stage

The rise of Islamic finance startups in recent times is increasingly opening the industry up to innovations, while scholars keep discussing the phenomenon with...

Abu Dhabi Islamic Bank Sets Initial Price Guidance for Perpetual Sukuk

Abu Dhabi Islamic Bank, the largest sharia-compliant lender in Abu Dhabi, has given an initial price guidance in the region of 7.5 percent for...

IFN Turkey Forum Kicks Off in Istanbul

The IFN Turkey Forum 2018 kicked off on Monday at Conrad İstanbul Bosphorus Hotel in Istanbul in partnership with the Borsa Istanbul -- Turkey's...

Central Bank of Bahrain Sukuk Al-Ijara Fully Subscribed

The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing bonds, Sukuk Al-Ijara, has been fully subscribed by...

IRTI, Dar Al-Sharia to Develop Islamic Finance Solutions

A memorandum of understanding (MoU) has been signed between the Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group and...