Bahrain fintech SITR launches real-time Shariah compliance platform
The startup’s technology checks banking transactions against Shariah board rulings, helping financial institutions identify compliance breaches earlier...
Category : Islamic Banking
UAE Central Bank deepens Syria, Morocco ties, targets cross-border payments, fintech growth
The CBUAE and Central Bank of Syria have signed an MoU covering payment systems, monetary policy, cash management and financial technology...
Bahrain Development Bank: Innovation rooted in purpose
Islamic financing constitutes the majority of Bahrain Development Bank’s active portfolio, with MSMEs accounting for the bulk of Shari’a-compliant clients...
Warba Bank launches Agentic AI banking assistant Bdr AI in Kuwait
Using Bdr AI, customers will be able to communicate through voice or text rather than navigating multiple menus or manually entering transaction details...
Africa’s USD 7 billion sukuk milestone masks deep structural constraints, says Fitch
Despite Africa's Islamic securities crossing USD 7 billion outstanding in August 2026, the continent’s sukuk market remains fractionalised...
Sukuk liquidity edges closer to pre-Iran war levels but recovery fragmented, says Fitch
Just over 75% of Fitch-rated sukuk had a liquidity score above 50 on August 4, slightly increasing from the March 23 tally of 64%...
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...
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...