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Islamic finance assets posted double-digit growth of 11% to come within touching distance of that mark, hitting US$4.9 trillion .
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Middle East lenders (excluding Iran) posted an asset increase of 11 per cent for 2023, underpinned by growth in Saudi Arabia and the UAE.
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IFSB released the annual report on Islamic Financial Services Industry Stability Report 2024 in September.
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The Iranian Association of Islamic Finance held an international webinar on “The Effective Methods to Finance Small and Medium Enterprises (SME) and the Role of Public in it”.
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The Iranian Association of Islamic Finance held an international webinar on “Islamic Investment Bank: Driving Force to Revive Islamic Finance”.
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Profitability and earnings jump in 2023, with Islamic banks gaining the benefit of digital investment and service improvement.
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Professor Asutay won 2024 Islamic Development Bank (IsDB) prize for impactful achievement in Islamic economics.
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The Iranian Association of Islamic Finance (IAIF) held an online pre-session on The 9th Islamic Finance Conference.
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The Iranian Association of Islamic Finance reported despite global economic uncertainties, the assets of the Islamic finance industry reached a record $4.5trn in 2022.
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The Iranian Association of Islamic Finance (IAIF) helds an international webinar on the role of Islamic finance in accelerating exports among Islamic countries.
