Newswrap: Islamic finance

Iraq Islamic Bank partners with MSA Novo to launch a fund to invest in tech-focused startups; Iraq’s Al Sanam Islamic Bank signs with ICSFS; Nominations open for 2023 Islamic Development Bank prize for Impactful Achievement in Islamic economics; Bank Negara Malaysia to announced 6th Royal Award for Islamic Finance in October; Book released on Islamic Development Bank Institute's evolution and first president; UAE-based B2B marketplace Produze raises $2.6 million to digitalise agricultural value chain; Egyptian e-commerce platform Sharwa raises $2 million in pre-seed financing.

Iraq Islamic Bank partners with MSA Novo to launch a fund to invest in tech-focused startups

As the global drive toward digitisation accelerates in the wake of Covid-19, implementing online solutions is even more critical to meet adapted consumer behaviour and market conditions. Moreover, particularly in emerging technology markets, the integration of paradigm-shifting technologies allows consumers, corporates, and governments to leap rungs on the evolutionary ladder.