Middle East and North Africa

Middle East and North Africa

Pakistani Clerics Declare Fatwa against ‘Sinful’ Dollar Buying

Religious scholars in Pakistan have declared fatwa after claiming that hoarding dollars is a “grave sin”, following an increase in speculative buying of the...

Qatar – QIIB Stays Focused on Digitalisation, Utilising Fintech: CEO

Qatar - QIIB remains focused on digitalisation and utilising financial technology (fintech), which is rapidly emerging, said chief executive officer, Dr Abdulbasit Ahmad al-Shaibei. "This...

RHB IB Tops MARC’s 2018 Debt and Sukuk League Table

RHB Investment Bank Bhd (RHB IB) is named the top arranger by issue value of debt and sukuk programmes and issuances by Malaysian Rating...

Indonesia Marks Listing of $2bn Green Sukuk on Nasdaq Dubai

His Excellency Husin Bagis, the Indonesian Ambassador to the UAE accompanied by His Excellency Ridwan Hassan, Consul General of the Republic of Indonesia in...

Islamic Finance ‘Key to Saudi Arabia’s Economy’

The Islamic finance industry’s role in stimulating the national economy was highlighted at a Riyadh workshop organized by the Saudi Arabian Monetary Authority (SAMA). Turki...

Refugees: The Most in Need of Zakat Funds

The RFI Summit 2019 held from 28-29 April in Abu Dhabi, UAE included a roundtable on the topic of "Strategic Philanthropy & Islamic Finance"....