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CODIX has established a subsidiary in Saudi Arabia, expanding its Middle East presence as the commercial and asset finance technology provider targets growing demand from banks and financial institutions in the Kingdom. The new Saudi operation complements CODIX Middle East...
#asset finance#AstroLabs#banking technology
The Maldives has agreed a new five-year trade-finance framework with the International Islamic Trade Finance Corporation that could mobilise up…
#commodity finance#imports#International Islamic Trade Finance Corporation
Malaysia's Court of Appeal has upheld the enforceability of a pre-factoring structure involving future receivables, ordering oil and gas company…
#Court of Appeal#factoring#future receivables
Vision Bank has launched a Shari'ah-compliant short-term trade-finance proposition for SMEs, using fintech and trade-finance platforms to originate working-capital opportunities…
#ADGM#cross-border trade#exporters
The Islamic Development Bank Institute’s 2025 Annual Report has highlighted progress on its Smart Countertrade System, pointing to growing interest…
#development finance#digital trade#financial inclusion
The Islamic Development Bank Institute approved 25 new technical assistance projects worth US$4.14m in 2025, as it expanded support for…
#AI#Baku#countertrade
The Dubai Financial Services Authority has launched a consultation on proposed changes to its Islamic finance regulatory framework, aiming to…
#DFSA#DIFC#islamic finance
Finastra, a global provider of financial software applications, today announced it has been selected by Al Rayan Bank, one of…
#Al Rayan Bank#Finastra#Finastra Essence
The MENA Supply Chain Finance Conference 2024 (MENASCF24) wrapped up successfully at The Westin, Dubai, marking two days of engaging…
#digital trade#digitisaton#fintech
The International Islamic Trade Finance Corporation (ITFC) in collaboration with the Ministry of Economic Development and Trade of the Republic…
#Dilshod Sharifi#islamic finance#ITFC