Riyadh – Saudi Kayan Petrochemical Company penned an agreement, on 16 March, to refinance Islamic Murabaha loans amounting to ...

The Swiss National Bank largely kept out of currency markets in the final three months of 2024, marking a full year without ...

Alkhorayef Water and Power Technologies Co. (AWPT) renewed and increased its Shariah-compliant banking facilities agreement ...

Since the beginning of the rate hike cycle in 2022, the Swiss National Bank (SNB) has frequently surprised the markets by setting its policy rate differently than expected by experts beforehand. Five ...

For their part, Saudi banks are looking to offload mortgages off their books as liquidity tightens in the banking system with deposits lagging loan growth. “For SNB, these are long duration fixed ...

In Switzerland, interest rate decisions are taken by the Swiss National Bank. The official interest rate is the SNB policy rate. The SNB seeks to keep the secured short-term Swiss franc money ...