Palestinian unemployment crisis; Iran’s balancing act; Raqami invests $100m in Pakistan

January 30, 2026

Pulse of the Global Islamic Economy

Sha’ban 11, 1447 AH

Assalamualaikum,

Palestinian unemployment has reached crisis levels as skilled workers face collapsed local economies, infrastructure breakdowns, payment barriers, and global hiring biases.

Meanwhile, analysts say Iran’s government remains in control for the time being despite intense economic strain, protests, and a collapsing currency.

And finally, Egyptian fintech NowPay has entered Saudi Arabia through a $20 million joint venture with Tas’heel to launch NowAccess, a Shariah-compliant payroll and employee financial wellness platform.

Did you know?

Growth in advanced economies is expected to slow slightly from 1.7% in 2025 to 1.6% in 2026 and 2027, as higher trade barriers offset easing monetary policy, fiscal support, and tech investment, with overall resilience moderating the impact of trade uncertainty.

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