Middle East and North Africa

Middle East and North Africa

QSE Witnesses Stronger Buying Interests in Islamic Stocks

The Qatar Stock Exchange on Sunday witnessed stronger buying interests in the Islamic stocks but overall it lost 25 points and its key barometer...

SABB Sets Up Local Sukuk Programme

The Saudi British Bank (SABB) intends to update and amend its previously established international Sukuk programme and set up a local Sukuk programme. Through the...

ADIB Records Surge in Demand for Digital Banking Services

Abu Dhabi Islamic Bank (ADIB), a leading financial institution, has recorded high levels of digital adoption across its retail and corporate banking services in the...

UAE Central Bank and ADGM Invite FinTech Firms for an Innovation...

The Central Bank of the UAE and the Abu Dhabi Global Market, the capital’s international financial hub, on Wednesday invited financial technology companies to...

Fitch Places Emirates REIT’s ‘BB’ Rating on Negative Watch

Fitch Ratings has placed Dubai-based Emirates REIT's 'BB' Issuer Default Rating (IDR), as well as the sukuk trust certificates issued by Emirates REIT Sukuk...

Islamic Banks ‘Way Ahead in Adopting Financial Technology’

Fintech transformation in Islamic banks is well underway as institutions look to leverage the advantages it offers and realise the threat if no action...