Global Finance Ranks QIB among Top 10 Safest Banks in the...
New York-based Global Finance Magazine has named Qatar Islamic Bank (QIB) as one of the top 10 safest banks in the Middle East, for...
Central Bank of Bahrain Launches FinHub 973, a Virtual Fintech Platform...
The Central Bank of Bahrain has introduced FinHub 973, which aims to serve as a virtual Fintech platform for the MENA region. The platform...
Saudi Platform for F&B Startups Raises $100mln for Shariah-Compliant Loans
Foodics Capital, a micro lending platform from Foodics, a F&B and retail tech startup based in Saudi Arabia, has raised $100 million (SAR 375...
Shariah-Compliant, ECI Islamic to Boost UAE’s Halal Trade Industry
The Federal export credit company, Etihad Credit Insurance (ECI), has virtually introduced ‘ECI Islamic’ to offer Shariah-compliant Export Credit Insurance and Guarantee Solutions.
The launch...
Saudi Ministry Closes October 2020 Domestic Sukuk Issuance Worth $72Mln
The Saudi Ministry of Finance announced the completion of the issuance of domestic sukuk worth 270 million riyals.
The National Debt Management Center at the...
Islamic Finance Offers Alternative to Weaponized US Dollar and SWIFT
US weaponization of the US Dollar and the international payment system of SWIFT has led to a push to look for alternatives as trust...