New York-Jeddah-Beirut, 11 May 2021—The United Nations and the Islamic Development Bank today launched an initiative to help fund efforts to recover better as the world continues to grapple with the ...

The Central Bank of Bahrain (CBB) hosted the Islamic Financial Services Board (IFSB) Annual Meetings 2026 virtually on 13 ...

UAE, successfully concluded the 5th CIS Islamic Banking & Finance Forum 2026, held on 9 July 2026 at the Hyatt Regency ...

The Gulf may not be highlighted on maps of China’s Belt and Road Initiative (BRI), but the region has certainly experienced a rise in relations, particularly in the economic sphere on which the BRI is ...

Although there are challenges, such as a lack of legislation and expertise, Islamic finance may present new avenues for attracting investment. According to Mordor Intelligence, Islamic finance has ...

Global Finance: Last year, Ahli United Bank [AUB] completed its conversion to an all-Islamic bank. Why did you choose to drop conventional banking? Ahmed Alkharji: AUB converted its banking license ...

• Putting in place a financing system that is both Shariah compliant and produces a return for investors is a challenge • Regulators in a Shariah-compliant system require more transparency from banks ...