Middle East and North Africa

Middle East and North Africa

Islamic Finance Market 2019 Industry Status and Global Outlook to 2025

The Global Islamic finance market is growing moderately, because of the strong investments in the Halal Sectors, infrastructure, and Sukuk bonds, especially through electronic modes in...

World Islamic Banking Conference Opens in Bahrain

The 26th anniversary edition of The World Islamic Banking Conference (WIBC), the largest and most prestigious gathering of Islamic banking and finance leaders in...

CedarIBSI FinTech Lab Roundtable Discusses Need for RegTechs in Middle East

IBS Intelligence (www.ibsintelligence.com), a global leader in banking technology research, along with its group company Cedar Management Consulting LLC. (www.cedar-consulting.com), a leading global financial...

Kuwait’s Boubyan in Talks to Buy UK-Based Islamic Lender

Kuwait-based Boubyan Bank has announced it is in advanced talks to buy UK-based Islamic lender Bank of London and the Middle East (BLME Holdings)...

City Bank Joins Islamic Finance’s Global Platform

Bahrain-based AAOIFI (Accounting and Auditing Organisation for Islamic Financial Institution) is recognised as the Islamic banking standard issuer globally. Chief economist and country business manager...

Islamic Development Bank Deals to Aid Exporters in Turkey

The Islamic Development Bank (IsDB) Group and various Turkish stakeholders on Nov. 27 signed cooperation pacts backing both exporters and the transport sector. The deals...