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- TotalEnergies posts strongest quarter in nearly three years, plans Arctic LNG 2 exit
- Revolut hits USD 115 billion valuation, surpassing Barclays and Societe Generale
- Tax reforms will make Hong Kong attractive for asset managers, says KPMG
- Alliance of Wellington, Vanguard, Blackstone launches funds targeting wealthy investors
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...
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...
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...
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...