Middle East and North Africa

Middle East and North Africa

IRTI to Launch Global Report on Islamic Finance at WIBC 2018

The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group will launch the Global Report on Islamic Finance 2018 during...

Abu Dhabi-Based Bank Conducts World’s First Blockchain Sukuk Transaction

Al Hilal Bank is the first Islamic bank in the world to leverage Blockchain technology for the resale and settlement of an Islamic Sukuk....

Bahrain Central Bank Considers New Guidance for Islamic Banks

Bahrain’s central bank is considering guidance covering Islamic windows, investment accounts and whether to develop a benchmark rate for use by Islamic banks, a...

ICC Qatar to Hold Seminar on Innovation Opportunities, Growth Potential in...

The International Chamber of Commerce (ICC) Qatar, in collaboration with Thomson Reuters (now Refinitiv), will host a seminar titled ‘How can Innovation Stimulate Growth...

DIB Crowned World’s Strongest Islamic Retail Bank 2018

Dubai Islamic Bank, the UAE’s largest Islamic bank, received three much sought after awards, including the ‘Strongest Islamic Retail bank in the World’, at...

Blockchain Plays an Increasing Role of Importance in Islamic Finance

A correlation between Islamic finance and blockchain is not necessarily apparent. Both industries seem to pursue different goals. At the same time, collaborative efforts...