Banking transactions between Iran, Syria to be facilitated
In a meeting with Syrian Minister of Economy and Foreign Trade Mohammad Samer al-Khalil held this morning on Mon. Dec. 31 in Tehran, Governor...
Saudi Real Estate Refinance Co Plans $2.93bn Sukuk
Saudi Real Estate Refinance Company (SRC) has established a major sukuk programme with plans to issue up to SR11 billion ($2.93 billion) bonds, a...
Saudi Arabia Sells 1.285 Billion Riyals Sukuk in Monthly Issue
Saudi Arabia’s Finance Ministry has issued 1.285 billion riyals ($343 million) of domestic Islamic bonds in a tap of a sukuk issue that was...
Young GCC Nationals Spearhead Growth in Sharia Investing
Young GCC nationals have been spearheading explosive growth in Sharia-compliant investments, which may result in doubling of Islamic assets within Lombard Odier in 2-3...
IIRA Assigns Fiduciary Ratings to the International Islamic Trade Finance Corporation
Islamic International Rating Agency (IIRA) has assigned the international scale ratings of ‘AA- / A1 (Double A Minus / A One) to The International...
World Bank: Arab, African Countries Among ‘Best’ in Developing Renewable Energy
The World Bank has recently released a report titled Regulatory Indicators for Sustainable Energy (RISE) 2018, in which it warned that the world, as...