Middle East: Finance and Banking

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Finance law and banking law thought leadership, articles, podcasts, videos and webinars from expert sources across the legal world. Explore insights covering topics such as capital adequacy, BASEL, acquisition finance, debt capital markets, fund finance, islamic finance, securitization and structured finance.
Article
Islamic Banks In Iraq: Establishment Procedures, Legal Framework, Central Bank Instructions, And AAOIFI And IFSB Standards
Islamic banks in Iraq operate under a comprehensive legal framework established by Islamic Banking Law No. 43 of 2015, requiring Central Bank licensing, minimum capital of IQD 250 billion, and mandatory Sharia Supervisory Board oversight. The regulatory environment incorporates AAOIFI and IFSB standards while prohibiting interest-based transactions and requiring strict compliance with Islamic Sharia principles across all banking operations and financial products.
Iraq Finance
SA
Salt & Associates
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Article
CBK Restricts The Use Of Structures Built On State-Owned Land As Collateral
The Central Bank of Kuwait has issued a directive prohibiting financial institutions from accepting mortgages over buildings constructed on state-owned land as qualifying collateral. This regulatory intervention closes a market practice gap and carries significant implications for project finance structures, particularly affecting lenders who had previously accepted such security arrangements outside the PPP framework.
Kuwait Finance
GLA & Company
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Article
Islamic Banks In Iraq: Establishment Procedures, Legal Framework, Central Bank Instructions, And AAOIFI And IFSB Standards
Islamic banks in Iraq operate under a comprehensive legal framework established by Islamic Banking Law No. 43 of 2015, requiring Central Bank licensing, minimum capital of IQD 250 billion, and mandatory Sharia Supervisory Board oversight. The regulatory environment incorporates AAOIFI and IFSB standards while prohibiting interest-based transactions and requiring strict compliance with Islamic Sharia principles across all banking operations and financial products.
Iraq Finance
SA
Salt & Associates
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Article
The UAE’s New VASP Framework: A Comprehensive Revision Of The CMA’s Regulations
The Capital Market Authority of the United Arab Emirates has introduced a comprehensive new licensing regime for Virtual Asset Service Providers, establishing eight distinct regulated activities with risk-based capital requirements and enhanced governance standards. The framework consolidates previous regulations while introducing stricter controls on privacy tokens, algorithmic tokens, and client asset holdings, positioning the UAE as a leading hub for regulated digital asset innovation.
United Arab Emirates Finance
TLP Advisors
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Article
Debt Collection Legal Process In Saudi Arabia: A Complete Guide To Recovering Business Debts Legall
Unpaid debts are not just financial losses they are legal risks. In a growing business environment like Saudi Arabia, where companies are rapidly expanding and commercial transactions are increasing, unpaid invoices and delayed payments have become a real operational challenge. For many businesses, especially those involved in B2B contracts, supply chains, or services, debt collection is not just about cash flow it is about protecting the stability of the entire operation.
Saudi Arabia Commercial
Batic Law Firm
Article
Debt Recovery In The UAE: Debt Recovery Lawyers In Dubai
Debt recovery in the UAE is a staged process rather than one court filing. It may begin with a demand and asset-preservation request, continue through a civil claim or direct cheque enforcement, and end with a separate execution case. The strongest strategy considers collectability from the beginning. A creditor needs evidence of the debt, a route to judgment or an executive instrument, and an active plan for locating and enforcing against assets after the legal entitlement is established.
United Arab Emirates Finance
Leaders Advocates
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