The Islamic Corporation for the Development of the Private Sector announced the successful closure of USD 145 million Shariah ...

Parkin Company PJSC (“Parkin” or the “Company”), the largest provider of paid public parking facilities and services in Dubai ...

In a strategic move aimed at diversifying the country’s funding sources, Egypt is preparing to issue up to $2 billion in sovereign sukuk bonds this year.

State-backed Turkey Wealth Fund (TWF) has secured $600 million through a sharia-compliant facility from a banking group led by Kuwait Finance House (KFH). The sovereign wealth fund utilises Islamic ...

The Türkiye Wealth Fund (TWF) has secured a five-year murabaha financing agreement worth $600 million (TL 24.40 billion) with ...

Iran’s National Petrochemical Company (NPC) is seeking to attract $100 billion in domestic and foreign investment to complete ...

HEALTH Minister Dr Jalila Al Sayyed has affirmed the importance of strengthening co-operation with the World Health Organisation (WHO) and other international partners supporting the development of ...

As demand for Shariah-compliant investment grows, Islamic commercial papers could provide ethical returns and liquidity for faith-conscious investors ...

A Jordanian groom called off his engagement after his father-in-law asked him for a six-month salary statement and a police clearance certificate. "Am I applying for a loan?" the man reportedly said ...

The new facility will enable Ajlan Group to further diversify the pool of banks and funding sources which will be used to ...

Qatar Financial Center has published a report on the future of digital assets, underscoring the need for coordinated ...

Basel I, II, and III—were envisioned as frameworks for strengthening global banking standards. In practice, however, they have entrenched systemic asymmetries. Designed and dominated by developed ...