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When one thinks of Islamic banking and finance, certain markets spring instantly to mind.  Saudi Arabia and Malaysia for sure. Kuwait, Qatar and the UAE too; also Turkey, Indonesia and Singapore. Even London...
Moscow Russian troops began pulling back to their permanent bases Friday after a massive buildup that has caused Ukrainian and Western concerns. On Thursday, Russian Defense Minister Sergei Shoigu declared the sweeping maneuvers in Crimea and wide swaths of western...
KUWAIT: Al-Tamimi & Company, the largest law firm in the Middle East, acted as legal counsel for Boubyan Bank KSCP (Bank), a leading Kuwaiti Islamic Bank,...
In its quest to cement London’s status as one of the leading Islamic finance centres in the Western...
Hamed Hassan Merah and James MacPherson, Saudi Center for Commercial Arbitration This is an extract from the 2021 edition of GAR’s The Middle Eastern and African Arbitration Review. The whole publication is available here.  To access this chapter in Arabic, please contact the Saudi...
Manama, Kingdom of Bahrain - The Board of Directors of the International Islamic Financial Market (IIFM) held its forty-third (43rd) meeting virtually to deliberate upon the standard-setting body’s various industry development initiatives as well as chart out its...
While both conventional and Islamic banks use an interest-based benchmark to price their products and services, the use of a common benchmark, though allowed by Shariah scholars, has attracted reservations.A specific Islamic banking standard is yet to be...
The global market for Islamic banking software is poised to grow by $416.83mn over the period from 2020...
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