SBP Injects Rs 9.57 Trillion into Pakistan’s Conventional and Islamic Banking Systems
On Friday, the State Bank of Pakistan (SBP) executed a monumental financial maneuver, injecting an astonishing Rs 9.57 trillion into the banking …
How Ithra’s Islamic Art Conference is Shaping the Future of Mosque Design
The King Abdulaziz Centre for World Culture, commonly known as Ithra, is set to host the highly anticipated Second Islamic Art Conference from …
Kuwaiti Lenders Boubyan and Gulf Bank Consider Merger to Form Islamic Bank
In a significant move for the Kuwaiti financial sector, Boubyan Bank and Gulf Bank have announced plans to merge, forming a new banking entity that …
ZLK and Dubai Islamic Bank Partner to Expand Shariah Investments
In a landmark development for the Islamic finance sector, ZLK Islamic Financial Services, one of Pakistan’s leading Shariah-compliant brokerage …
ESG Sukuk Issuance in the GCC Reaches $18.5 Billion by Mid-2024
The realm of sustainable finance has seen remarkable growth in recent years, with Environmental, Social, and Governance (ESG) sukuk emerging as a …
Halal Ingredient Market Trends Opportunities for Investment in Key Sectors
The Halal Ingredient Market is undergoing significant growth, driven by evolving consumer preferences and shifts in industry practices. As highlighted …
Al Rajhi Takaful Reappoints Abdullah Al Rajhi as Chairman, Saud Al Rajhi as Vice Chairman
In a recent development that has captured the attention of the insurance industry, Al Rajhi Takaful, officially known as Al Rajhi Company for …
ITFC and Tajikistan’s Ministry Launch Islamic Trade Finance Workshops
The International Islamic Trade Finance Corporation (ITFC), a key entity within the Islamic Development Bank (IsDB) Group, has recently made strides …