Finance minister attends Islamic Development Bank meeting in Jeddah

Minister of Finance HE Ali bin Ahmed Al Kuwari attended the 48th annual meeting of the Islamic Development Bank’s Board of Governors in Jeddah, Saudi Arabia. During the meeting, the most significant issues pertaining to the Board were discussed, and the bank’s 47 annual report for 2022 was reviewed. On the sidelines, Kuwari held separate […]

Qatari Islamic finance assets rise 20 percent to QR629 billion: Report

  Islamic finance assets in Qatar grew at a rate of 20 percent in 2021 to reach QR629 billion ($172 billion), an annual report on Islamic finance in Qatar has revealed. Islamic banks accounted for 87 percent of these assets, it added. Islamic Sukuk accounted for 11.6 percent and Takaful insurance companies 0.8 percent. The […]