International Finance

Tag : murabaha

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Raya Financing accelerates growth in Saudi Arabia

International Finance Business Desk
Net profit after Zakat increased by 73% to SAR 40.3 million, while operating profit before Zakat and expected credit losses reached SAR 99.3 million...
Islamic Banking

Turkey to expand the use of Islamic bonds

Turkish government is working on new regulations to allow wider use of a range of sukuk debt. Pushing to expand the use of Islamic bonds to diversify the country’s financing sources, the Turkish government is working on new regulations to allow wider use of a range of sukuk debt. The Turkish treasury currently only issue...