Islamic finance wrap: IFC provides Murabaha facility worth $50m to empower women entrepreneurs
Here's a roundup of key developments across the Islamic finance ecosystem during the month of December
Editor's note: MoU is the word. Clearly. Strategic partnerships across entities for cohesion, growth and momentum are gaining ground. The International Finance Corporation struck a partnership with Al Baraka Bank to support MSMEs, especially women-owned businesses.
Pakistan's Securities and Exchange Commission inked a deal to establish an Islamic finance research centre, while UAE's AlHuda CIBE and Bahrain's AAOIFI signed a preliminary agreement to promote Islamic finance practices. Abu Dhabi Islamic Bank too signed a MoU with a mobility tech company.
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