Middle East ETP News
you are currently viewing::Exchanges get religion in pursuit of Muslim cryptobrosAugust 8, 2025--Binance launches Islamic investments
Tokens backed by gold, platforms that avoid interest-bearing mechanisms, smart contracts designed around Islamic finance principles and tokenised sukuk (Islamic bonds) are just some of the offerings. The exchanges aim to fill what they see as a gap in the cryptocurrency market for faith-based investors primarily in the Middle East, experts have told AGBI. Source: agbi.com |
Exchanges get religion in pursuit of Muslim cryptobros
August 12, 2025--Saudi Arabia's Capital Market Authority (CMA) is planning to make investment funds available to the public via the stock markets.
The new initiative, for which it has sought public feedback, allows for certain types of "financing investment funds", which are currently only available through private placements, to be listed on the Main and Parallel Markets of the Saudi Stock Exchange (Tadawul).
Kuwait bourse to return to debt listing and trade in 2025
July 14, 2025-The Kuwait Stock Exchange will restart the listing and trading of exchange-traded funds (ETFs), sukuk and bonds in 2025, the bourse's CEO Mohammed Saud Al-Osaimi told reporters on Sunday.
GCC: Growth on the Rise, but Smart Spending Will Shape a Thriving Future
June 19, 2025-Economic growth across the Gulf Cooperation Council (GCC) is projected to increase in the medium-term to 3.2% in 2025 and 4.50% in 2026. This growth is likely to be driven by the expected rollback of OPEC+ oil production cuts and robust expansion of non-oil sectors.
Saudi Exchange leads market losses across the GCC
June 16, 2025--Tadawul hits 20-month low
Qatar index drops 4%
Fears of a wider regional conflict
