Middle East and North Africa

Middle East and North Africa

QIB Wins Three Global Finance Awards

Qatar Islamic Bank (QIB) has been named ‘Best Islamic Bank in Middle East’, ‘Best Islamic Bank in Qatar’ and ‘World’s Best Islamic SME Bank’,...

Egypt FRA Eyes 5 Sukuk Offerings in 2020

The Financial Regulatory Authority (FRA) plans for five new sukuk, or sharia-compliant bonds, offerings worth EGP 5 billion this year, Al Borsa news website...

Islamic Finance Charts High-Tech Future

“Is it halal to buy shares in Tesla?” a young Muslim would-be investor asks on Twitter. Islamic finance - an amalgamation of Sharia law and...

Kuwait Finance House Postpones AUB Deal Process Until December

Kuwait Finance House has agreed to postpone finalising its acquisition of Bahrain’s Ahli United Bank until December due to the coronavirus outbreak. KFH obtained permission...

UAE Banking Sector Fully Geared to Support the Economy: Al Ghurair

The UAE banking sector is fully prepared to support the UAE economy form the potential adverse impact of coronavirus (COVID-19), said Abdul Aziz Al Ghurair,...

OIC Members Urged to Boost Cooperation to Fight Covid-19

The rampaging pandemic has affected a large number of Muslim countries. Iran, Turkey and Pakistan are the top three most affected OIC members. There...