Shipping data shows that Indian diesel exports to West Africa have reached a record high, driven by the European Union’s new restrictions on fuel refined from Russian crude oil. At the same time, Turkey’s diesel exports to the EU have slowed, reshaping intercontinental oil flows and forcing refiners to seek new markets. The European Union …
The global Islamic fintech sector is on a swift upward trajectory. According to the 2022 Global Islamic Fintech (GIFT) Report, the market witnessed transaction volumes of around $79 billion in 2021, with projections to reach $179 billion by 2026—an annual growth of approximately 18%. While key Islamic fintech hubs currently include Saudi Arabia, Malaysia, UAE, Turkey, …
