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...
Tag : Islamic banking
UAE debt market hits USD 320 billion as dollar issuance surges 40%
The market expanded despite regional volatility, with Emirati banks and companies turning increasingly to international bond and sukuk markets...
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...
Islamic finance assets set to hit USD 9.6 trillion by 2030 as sector shifts into ‘connector’ role
As per the Standard Chartered, growth will depend more on capital execution across trade, liquidity and digital corridors linking the GCC, Asia and Africa...
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...
Malaysia’s Islamic financial ecosystem remains resilient amid volatile geopolitics
Fitch expects a resilient debt capital market that will continue to expand as envisioned in Malaysia's local Capital Market Master Plan (2026 to 2030)...
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...
Shariah-compliant stablecoin PUSD to be deployed at ADI Chain
PUSD holds approximately USD 2.3 billion in circulating supply. Each token is backed 1:1 by reserves held in Saudi riyals and UAE dirhams...