Middle East and North Africa

Middle East and North Africa

Uzbekistan is an Emerging Market for Islamic Finance

The Two Days Specialized Training Workshop on Takaful organized by AlHuda Centre of Islamic Banking and Economics was successfully concluded at Uzbekistan Banking Association,...

Israeli Cryptocurrency Traders Locked Out of Banking System: Report

After being unable to deposit profits, Israeli cryptocurrency traders are looking for answers from banks and regulators. Still unfamiliar with the technology, some $86 million...

SEs and Mes: SBP Introduces Modaraba-based Refinance Scheme

The State Bank of Pakistan (SBP) has introduced a Modaraba-based Islamic refinance scheme for working capital financing of Small Enterprises and Low-End Medium Enterprises....

QCB to Harmonise Shariah Regulatory Framework in Qatar

The Qatar Central Bank (the "QCB") stated in its recent Financial Stability Review for 2018* that efforts were in place to harmonise the Shariah...

KFH Participates in the Hajj Awareness-Raising Campaign

Kuwait Finance House (KFH) participated in the Hajj awareness-raising campaign in collaboration with the Ministry of Health (MOH). KFH team gave a send-off to...

Islamic Finance Industry Shows Healthy, but Slightly Slower Growth

The global Islamic finance services industry grew further to a combined asset value of $2.19tn across all three sectors as of the first half...