The strong dollar has dampened the growth of Islamic banking services in Asia-Pacific, while Saudi Arabia continues to see large expansion. 

ADIB’s group CEO Nasser Al-Awadhi talks about the bank’s digital strategy, the increasing appeal of sharia-compliant banking to non-Muslims, and the overlap between Islamic and sustainable finance.

Makhtar Diop, managing director of the World Bank’s International Finance Corporation, speaks about the implications of the recent partnership agreement signed with other multilateral development banks.

Pakistan’s goal of making all banking assets sharia-compliant by 2027 remains a realistic prospect says Meezan Bank’s founding president and CEO, Irfan Siddiqui.

Sovereign wealth funds' integral role in the region's domestic economic transformation necessitates higher for longer oil prices. 

Morocco’s minister of economy and finance talks to John Everington ahead of the annual meetings of the World Bank and IMF.

Lenders across the continent experienced pressure from high inflation and a strong US dollar in 2022.

Founded in 2016 and headquartered in Nigeria and San Francisco, the payments and remittances firm has grown to become one of Africa’s largest start-ups, with a valuation of $3bn as of 2022.

Gulf lenders thrive while Egyptian banks feel the pressure. 

While AI solutions and ISO 20022’s rollout offer some relief, the challenges to correspondent banking remain acute in an era of ever greater de-risking.