Middle East and North Africa

Middle East and North Africa

Qatar’s Al Rayan Setting Up Digital Bank in Kazakhstan

A subsidiary of Qatar’s Masraf Al Rayan is setting up a digital bank at the Astana International Financial Centre. The company said in a bourse...

KFH Participates in Int’l Invention Fair of Middle East

Kuwait Finance House (KFH) participated as a platinum sponsor, in the activities of the 12th International Invention Fair of the Middle East, which was...

Dubai Islamic Bank Postpones Sukuk

Dubai Islamic Bank (DIB) has postponed a planned issuance of US dollar-denominated sukuk due to market conditions resulting from the new coronavirus outbreak, three...

Islamic Development Bank Lists $2 Billion Sukuk on Nasdaq Dubai

Saudi-based Islamic Development Bank (IsDB) has listed its $2 billion five-year Sukuk on Nasdaq Dubai, the largest by value to be listed on the...

Saudi’s Fawaz Abudulaziz Alhokair secures $800mln Islamic finance

Saudi-listed retail group, Fawaz Abdulaziz Alhokair Company, has signed an Islamic term Murabaha facility and a revolving credit facility agreement with a syndicate of...

Doha Islamic Finance Conference Suggests Enhanced Co-ordination to Make Further Investments...

The recently concluded sixth Doha Islamic Finance Conference took special note of Qatar's "outstanding" experience in the Shariah finance and suggested enhanced co-ordination among...