Business & Economy

UK is the West’s leading Islamic finance hub, says Fitch as funds AUM pass $12.5bn

The UK will continue as the leading Western hub for Islamic finance, supported by…

Saudi businesses warned: Up to 25% fines for missing August tax deadline

The Zakat, Tax and Customs Authority (ZATCA) has urged businesses in Saudi Arabia subject…

Saudi Arabia launches first mortgage-backed securities as SAMA boosts housing finance market

The Saudi Central Bank (SAMA) has granted the Saudi Real Estate Refinance Company (SRC)…

Sukoon to provide family Takaful to Emiratis up to 95 years of age

Sukoon Takaful, one of the prominent Takaful insurance companies in the region, will offer…

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