Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...
The aforementioned will make it possible to forecast the future of Islamic Finance and direct it in a way that will support its goals of social sustainability and development...
Islamic finance aligns with specific customer values like the belief that money does not inherently have value but is a means to exchange products and services...
To expand industrial and green financing projects, participants also emphasized the importance of creating cooperation agreements with organizations that support and oversee sukuk...
Over the years, Ahli United Bank's internal Shariah Audit team has consistently demonstrated exceptional expertise and proficiency in their responsibilities...
In 2016, due to the regional importance of cross-border payments, the Supreme Council of the GCC approved the establishment of the Gulf Payments Company...