Middle East and North Africa

Middle East and North Africa

Coronanomics: ICIEC Pledges $150m in Insurance Coverage for OIC Members

As the Global Coronavirus pandemic hits over 7,000 deaths and 200,000 reported cases in over 100 countries, the Islamic Corporation for the Insurance Investment...

KFH Implements Remote Working Solutions to Ensure Employee Health and Safety

In its continued effort to enhance productivity and assure wellness of its employees, Kuwait Finance House (KFH) has announced that it is leveraging modern...

Bank Nizwa Discusses Growth of Islamic Finance with Local Treasury Dealers...

Bank Nizwa, the pioneer and leading dedicated Islamic bank in Oman, recently hosted a special dinner event for local Treasury Dealers and Financial Institution...

Dubai Islamic Bank Approves Foreign Ownership Limit Increase

Dubai Islamic Bank (DIB) has announced it has entered the top three most profitable lenders in the UAE after posting its highest ever net...

Islamic Development Bank Sets Up $730 Mln Facility for Member Countries...

The Islamic Development Bank has set up a $730 million ‘Strategic Preparedness and Response Facility’ to help member countries mitigate the socio-economic impact from...

Al Wifaq International Islamic Bank Selects ICSFS Core Banking Package

Al Wifaq International Islamic Bank for Investment and Finance, a newly established bank in Iraq, has selected the most holistic Islamic banking software, ICS...