We are pleased to announce our schedule of webinars for the autumn, starting on 3 September with an overview of the oil market.
- 23rd, April, 2020
Eid el-Fitr, that marks the end of the month of Ramadan, when Muslims fast between sunrise and sunset, is due to begin on 23 or 24 May. As a result the first day or two of the week beginning Monday 25 May are likely to be public holidays in Muslim countries.
After Eid el-Fir, the next big Muslim holiday will be Eid el-Adha, which marks the end of the annual pilgrimage to Mecca and Medina. Eid el-Adha is expected to begin on 30 or 31 July and will last about three days.
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Sukuk issuance in 2019 was the highest ever, according to the International Islamic Financial Market's latest annual Sukuk Report. We summarise the report's key figures.
The Association sends best wishes to our members and their families during these extra-ordinary times. We hope everyone will remain safe and healthy.
GCC banks have started to publish their half year results. Provisions are up and most banks are reporting declining loan balances.
The Arab Bankers Association hopes that our members and their families are safe and healthy during this difficult time. Working with our corporate members we have delivered a series of on-line seminars. The Association is financially strong and is able to withstand the budgetary implications of the current crisis.