Middle East and North Africa

Middle East and North Africa

IFSB to Develop Financial Inclusion Guidance

The Malaysia-based Islamic Financial Services Board (IFSB) said on Wednesday it will develop a technical note on financial inclusion, aiming to widen the reach...

Kuwait Finance House Offers Innovative Sharia-Compliant Financial Solutions

Kuwait Finance House (KFH) offers its customers a suite of innovative, Sharia-compliant financial solutions to fulfill all needs and meet their aspirations in the...

S&P: Islamic Finance Industry Will Expand

The global Islamic finance industry will expand slowly in 2018 and 2019, according to a report published by Standard and Poor’s (S&P) Global Ratings,...

GCC Islamic Banks to Outperform Their Conventional Peers

Islamic banks across the Gulf Cooperation Council (GCC) reported improvements in their fundamentals such as asset growth and asset performance last year while sustaining...

Qatar Central Bank Backs Three-Way Islamic Bank Merger

Qatar's central bank hopes a planned merger between three local Islamic banks can proceed this year, its governor said on Tuesday, in his clearest...

Dubai Investments to Set Up $100m Islamic Bank in DIFC

Dubai Investments, , a diversified company in which Investment Corporation of Dubai, the emirate's sovereign wealth fund has an 11.54 per cent stake, has...