Islamic banking in Africa: Regulatory obstacles but a lot to gain
Persistent obstacles will limit the growth of Islamic banking during the next 12 to 18 months...
Tag : Moody’s
Asset under management grows by 15% annually to reach $104.4 tn
by WebAdmin
20 largest asset managers accounts for 43% of total AUM...
European asset managers’ average assets fell by 1.5% in H12020
Moody’s found that European asset manager’s EBITDA dropped to 27%, from 30% in H22019...
Kenyan banks outperform Nigerian counterparts
According to Moody’s report, technology helped Kenyan banks to be more efficient...
Saudi Arabia’s Dar Al Arkan to raise $600 mn through sukuk
The sukuk offers an interest rate of 7% and is due on 2025...
Islamic financial assets grow over $2 tn globally: IMF
Almost 85% of these assets are from the banking sector...
Mexico’s Pemex launches tender offer to prepay $5 bn in bonds
Pemex is now the world’s most heavily indebted oil company with $104 bn in debt...