The pandemic accelerated the growth of Neobanks and digital offerings. By providing enhanced convenience and being cost-effective they are competing strongly with the traditional banks

As the world moves towards being more reliant on digital and data-driven technologies, banks must deliver innovative changes, especially when confronted with a volatile economic landscape. Kuwait International Bank is helping to drive these changes

Last year was one beset by challenge and crisis as global inflation took root, but Jordan Islamic Bank have negotiated these challenges to emerge stronger than before

How will artificial intelligence, blockchain and big data shape Islamic finance – and what are the risks and opportunities for the new pioneers?

The World Finance banking awards recognise those who are best placed to set an example and lead the way through this uncertain macroeconomic period.

A list of the companies awarded in the World Finance Islamic Finance awards 2023 can be seen below.

Please see below the full list of the MENA Investment and Development Awards 2022, as awarded by World Finance magazine

ICS Financial Systems came through the pandemic and supply chain crisis not just in rude health but with reinvigorated energy and ideas

Having grown from humble beginnings, Jordan Islamic Bank now offers an impressively diverse range of products, many of which adhere to Sharia principles, and the focus is now on what lies ahead

The outlook for the Islamic Finance industry is very positive following the pandemic and looks set for continued growth in 2022 despite the prospect of higher interest rates, higher oil prices and a decline in sukuk issuance.

The pandemic served to push many bank customers towards digital channels and while many were well-prepared for this, others were left scrambling to modernise their offerings. In this new post pandemic environment, fintechs continue to attract huge investment allowing them to compete with traditional banks. This has led to big changes in the industry.

In a post-COVID reality, Kuwait International Bank (KIB) is the model of a bank adapting to change by striving for innovative evolution and with a proactive growth plan in place, a promising future awaits

Please see below the full list of the MENA Investment and Development Awards 2021, as awarded by World Finance magazine

Please see below the full list of the Digital Banking Awards 2021, as awarded by World Finance magazine

A potential economic boom for Mozambique in the form of the discovery of liquefied natural gas could be hampered by insurgency as well as fears that natural gas will be left behind by renewables