Middle East and North Africa

Middle East and North Africa

UAE’s Amlak Finance to Conclude Debt Renegotiations by Q2

Islamic real estate financier Amlak Finance on Wednesday said its ongoing renegotiations with financiers on restructuring terms agreed in 2014 and subsequently revised in...

GCC Islamic Banks Set to Show ‘Resilience’ Over Next Two Years

Islamic banks in the GCC are expected to show resilience over the next two years after weathering tough market conditions in 2018, according to...

Saudi Arabia’s Savola Plans Riyal Sukuk Issue

Savola Group, Saudi Arabia’s largest food products company, said on Thursday it plans to issue sukuk denominated in Saudi riyals, as part of a...

Turkish Airlines Said to Weigh Global Sukuk, Bond Sale

Turkey’s flag carrier is weighing plans to tap international debt markets, according to two people with knowledge of the matter. Istanbul-based Turkish Airlines sent a...

Development and Humanitarian Organisations Engage Islamic Finance Leaders on Adopting the...

The Responsible Finance & Investment (RFI) Foundation held a roundtable last week focused on how Islamic financial institutions can apply principles of strategic philanthropy...

ICD Announces the Signing of a Bilateral Agreement with Mizuho Bank...

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector development arm of Islamic Development Bank (IsDB) Group, and Mizuho...