Middle East and North Africa

Middle East and North Africa

Turkey Issues Gold-Linked Bonds and Sukuks

Turkey has issued gold-backed sukuks worth 24.294 tonnes...

Kuwaiti Islamic Banks Acquire 38% Market Share of Banks’ Assets

Kuwaiti Islamic banks had a market share accounting for 38% of total banking...

SIB Approves Distribution of Cash Dividends for 2018

Sharjah Islamic Bank’s Board of Directors has approved...

Bahrain’s Mumtalakat Set to Raise $600 Million in Sukuk

Bahrain's sovereign wealth fund is expected to raise...

GCC Sovereigns to Drive Surge Sukuk Issuance in 2019, 2020

Global sovereign sukuk issuance will recover in 2019...