Traditional economic assumptions centred on excessive leverage, debt expansion and short-term profitability are increasingly being questioned amid climate pressures, geopolitical uncertainty, ...

Central Asian countries have attracted more than $220.5 billion in foreign direct investment over recent decades, including ...

After growing to a $1 trillion asset class in Muslim countries, Islamic finance is poised for an era of globalization. Global Islamic financial assets have soared from less than $600 billion in 2007 ...

The Islamic Finance Development Indicator (IFDI) charts another strong year for the Islamic finance industry that was driven by an 11% growth to US$4.9 trillion in assets in 2023. Much of this growth ...

Nigeria’s Niger State to work with Islamic Development Bank on $163 million solar project Nigeria's Niger State government will work with the Islamic Development Bank to develop a $163 million solar ...

New York-Jeddah-Beirut, 11 May 2021—The United Nations and the Islamic Development Bank today launched an initiative to help fund efforts to recover better as the world continues to grapple with the ...

The Gulf may not be highlighted on maps of China’s Belt and Road Initiative (BRI), but the region has certainly experienced a rise in relations, particularly in the economic sphere on which the BRI is ...

Islamic financial institutions recorded a strong 2021 while continuing digital investments. Last year saw a strong recovery for Islamic financial institutions (IFIs) as economies rebounded following a ...