$200m trade target; Middle East stabilizes; Turkiye welcomes 62m

Assalamualaikum,

Islamic fintech firms harbor the ability to utilize open banking to embed Shariah-compliant principles into digital financial services and enable real-time monitoring. This approach also expands access to profit-and-loss-sharing products and helps Islamic banks modernize and scale their offerings.

Meanwhile, Türkiye has emerged as one of the strongest performers in global tourism, helping the country reach record visitor numbers and revenues despite broader industry headwinds.

Pakistan and Kyrgyzstan have agreed to deepen economic cooperation by raising bilateral trade to $200 million by 2027, supported by new commitments on energy projects, regional connectivity, investment opportunities, and educational collaboration following high-level talks in Islamabad.

And finally, Middle East banks are expected to maintain stable performance in 2026, with steady economic conditions, solid credit growth, and mostly stable rating outlooks across the region despite varied sovereign risks.