islamic finance

Islamic banks: 265% growth in net income in 2020

January 24, 2022

(TAP) - The net income of the three Islamic banks operating in Tunisia recorded an exceptional growth of 265% to 62 million dinars (MD) in 2020, against 17 MD in 2019, according to...... Continue Reading >

AD Ports Group and Aqaba Development CorporationSign Multiple Agreements for Development of Tourism, Transport, Logistics and Digital Infrastructure

December 19, 2021

AD Ports Group, a leading facilitator of trade and logistics, has strengthened its regional footprint by signing a number of four strategic agreements and a Head of Terms Agreement (HoT) with the Aqaba Development Corporation...... Continue Reading >

Islamic social financing to support efforts to recover and rebuild from COVID-19 pandemic

May 16, 2021

(TAP) - The United Nations and the Islamic Development Bank (IsDB) launched on Tuesday an initiative to assist finance efforts to recover better as the world continues to grapple with...... Continue Reading >

Net profit of 3 Islamic banks up 154.2% in 2019 (BCT Report)

March 22, 2021

(TAP)-The net profit of the three Islamic banks posted an exceptional rise by 154.2% in 2019, reaching 61 million dinars (MD) against 24 MD, in 2018, according to the 9th annual report...... Continue Reading >

Islamic finance could reach $3.7 trillion in 2024, an opportunity for Africa

January 12, 2021

(Ecofin Agency) - Islamic finance assets could reach $3.7 trillion by 2024, according to an estimate by the Islamic Development Finance Corporation and Refinitiv, the data arm of Reuters...... Continue Reading >

IsDB pledges to continue financial, technical support for Tunisia

December 1, 2020

TAP)– Minister of Economy, Finance and Investment Support Ali Kooli pledged in a virtual meeting Monday with President of the Islamic Development Bank (IsDB) Bandar Bin Mohammed...... Continue Reading >