Middle East and North Africa

Middle East and North Africa

Turkey and UK Announce Islamic Fintech Partnership

Fintech leaders from the UK and Turkey have met in Istanbul to discuss a joint partnership which will capitalise on the rapid development of...

Islamic Banking Grows in Popularity in the UAE

The popularity of Islamic banking products continues to grow in the UAE among both Muslim and non-Muslim customers, according to new research.  The findings...

Islamic Banking Key to Financing China’s Belt and Road

China’s $5 trillion “Belt and Road” presents opportunities for Islamic banks to plug a sizeable funding gap, as the Asian superpower signs up more...

ENBD REIT Agrees $75mln Islamic Financing Deal

ENBD REIT, the Nasdaq Dubai-listed real estate investment trust, has announced that it has arranged a three-year, $75 million Islamic finance facility with Standard...

Saudi Arabia-Based ICD Looks to Deepen Sukuk Markets

The Saudi Arabia-based Islamic Corporation for the Development of the Private Sector (ICD) hopes to expand its capital market activities and attract new corporates to...

Bahrain Witnessed the Launch of the Fourth Series of CIBAFI –...

This morning the General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of Islamic financial institutions, and Ivey Business School successfully...