ICIEC Chief Highlights Knowledge Gaps in Islamic Finance
A leading figure in the Islamic finance market has called for a greater effort to counter the absence of third-party guarantees in sharia-compliant financing...
Qatar Shares Snap 5-day Winning Streak on Insurance, Telecom Selling Pressure
The Qatar Stock Exchange on Thursday reversed five days of bullish momentum as its key index declined more than 24 points.
The insurance and telecom...
Kuwait’s Warba Bank Plans $500 Mln Sukuk Issue This Year
Warba Bank, a Kuwaiti sharia-compliant lender, is working to set up a sukuk, or Islamic bond, programme of up to $2 billion, the bank’s...
Ethereum Leaders are Slowly Courting Gulf Coast Royals and Investors
Ethereum’s leaders are pursuing a “moonshot” in the Middle East.
The Ethereum Foundation’s head of special projects, Virgil Griffith, told CoinDesk the nonprofit is partnering...
Al Jazira Capital Reducing Par Value of Sukuk and Bonds Motivates...
In line with the Debt Management Office efforts in developing domestic sukuk market and diversifying its investors base, Tadawul has started to apply the...
Oman CBO Hosts Meetings of Islamic Financial Services Board
The Central Bank of Oman (CBO) is hosting five meetings of Islamic Financial Services Board's (IFSB) working groups during June 30-July 4 in Muscat.
These...