Islamic Finance
Unfamiliar Banking Laws in the United Arab Emirates: A Quick Guide
The United Arab Emirates, known for its luxurious lifestyle and progressive economy, also has a unique set of banking laws. While these laws are generally beneficial, some might seem unusual to those unfamiliar with the region. Here’s a brief overview of some of the more peculiar banking practices in the UAE: 1. No Interest on […]
From Pearl Diving to Fintech: How Bahrain Became a Financial Powerhouse
Bahrain’s story as a financial center is one of strategic adaptation. Once a hub for pearl diving, the island nation recognized the need to diversify its economy decades ago. This foresight, coupled with several key factors, has transformed Bahrain into a regional financial powerhouse. Firstly, Bahrain’s location is ideal. Situated between Saudi Arabia and Qatar, […]