Fitch outlines key challenges in Islamic banking’s liquidity management
As per the Fitch, gaps remain relative to conventional Islamic banks, more so in countries where these financial institutions remain niche and developing...
Category : Islamic Banking
Saudi’s Islamic banking continues to expand due to ‘Vision 2030,’ says S&P
Taking note of Islamic banking's rise at the global level, the ratings agency also said that the sector represented about 76% of the Gulf major's banking assets...
Bahrain’s Islamic banking industry set to top USD 100 billion by 2027, predicts Fitch
Sukuk growth and rising Islamic banking penetration are outpacing conventional finance, even as the Kingdom’s banks face only limited fallout from the Iran war...
Nasdaq Dubai expands with TAEF, UAE Finance Ministry Sukuk listings
Nasdaq Dubai currently hosts over USD 98.6 billion in outstanding Sukuk listings and over USD 141 billion in outstanding debt securities...
Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Amid headwinds, Islamic banking advocates broader capital distribution
Islamic banks' historical tendency of maintaining a largely domestic and narrow focus often leaves them more exposed during regional crises...
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...
Amid strong demand, Russia to expand its Islamic banking programme
Russia's Islamic banking pilot initiative relies on leasing, instalment sales, profit-sharing arrangements and asset-backed financing...
Sukuk issuance rises by 13.1% in GCC, Saudi Arabia leads the show
The Middle East witnessed a significant 13.1% hike in its Sukuk issuance, driven by strong local-currency borrowing in Saudi Arabia...