Global Sukuk Issuance Poised to Reach $160-$170 Billion in 2024, Reports S&P Global
USA
S&P Global's latest report anticipates a surge in global Sukuk issuance between $160 billion and $170 billion in 2024, attributing the increase to heightened...
Tameed closes $15 million Series A from Alromaih Investments
Saudi Arabia
Tameed Digital Lending Platform, which offers shariah-compliant government purchase order financing for SMEs in Saudi Arabia, announced that it has successfully closed a...
KIB joins Visa Ready as the first Bank in Kuwait for Fintech Enablement
Kuwait
Kuwait International Bank (KIB), a Sharia-compliant Kuwaiti Bank, announced today that it has joined the Visa Ready for Fintech Enablement program in an effort...
Qatar Financial Markets Authority issues a Resolution to Establish a Single Window Committee for the Capital Market
Qatar
The Qatar Financial Markets Authority issued a resolution to establish a “Single Window Committee for the Capital Market” with the goal of reducing time...
UzOman invests in ZOOD
Oman/Uzbekistan
UzOman (Uzbek Oman Investment Company), a joint investment venture between Sovereign Wealth Funds Oman Investment Authority (OIA) and the Uzbek Fund for Reconstruction...
Halal Economy Thrives as Product Demand from Muslims and non-Muslim Nations Surges
Saudi Arabia
Frost & Sullivan's recent analysis, Global Halal Economy Growth Opportunities, finds that the halal economy is experiencing an upward trend as the...
