Middle East and North Africa

Middle East and North Africa

Debt and the Practice of Islamic Banks

By Abdalrahman Migdad The consequence of sales transactions in Islamic banks is installment-debt. While sales transactions in Islamic banks cannot be called debt-instruments, certainly the...

Debt and the Practice of Islamic Banks

The consequence of sales transactions in Islamic banks is installment-debt. While sales transactions in Islamic banks cannot be called debt-instruments, certainly the consequence is...

DIB Gets Shareholders’ Nod for $5bn Sukuk Issuance Programme

Dubai Islamic Bank, the largest Sharia-compliant lender in...

Saudi’s Apicorp Inks $400m Islamic Financing Deal

Arab Petroleum Investments Corporation (Apicorp), a multilateral development...

Palestine Islamic Bank Goes Digital with Temenos to the Core

Palestine Islamic Bank (PIB) has chosen Temenos’ Infinity...