The History and Evolution of Takaful in the Islamic World
In a rapidly globalizing world, Islamic finance has emerged as a growing sector, with Takaful standing out as a pivotal aspect of this system. But …
Finance
What You Need To Know About Making A Takaful Claim?
Takaful, also known as Islamic insurance, has become increasingly popular among Muslims and non-Muslims alike due to its ethical, Sharia-compliant …
Qatar’s Dukhan Bank $800M Sukuk Oversubscribed 3 Times
In a landmark achievement for Qatar’s Islamic finance sector, Dukhan Bank has successfully issued its debut senior sukuk, raising $800 million …
SBP Simplifies Conversion for Conventional Banks to Islamic Banking
State Bank of Pakistan (SBP) has taken a progressive step in promoting Islamic banking by revising the criteria for converting conventional banking …
QIB Wins 16 Awards at Global Finance Digital Bank Event
Qatar Islamic Bank (QIB), the leading Islamic bank in Qatar, has set a new benchmark for excellence in digital banking by securing an astounding 16 …
Warba Arranges Sukuk Issuances for Qatar Islamic Bank and UAE’s Arada
KUWAIT CITY: Warba Bank has established itself as a leading facilitator in Islamic finance through its successful management of two significant sukuk …
Mamun Wins Best Islamic Finance Startup at Themar Conference
Muscat, Oman – At the inaugural Themar Islamic Banking Conference and Excellence Awards 2024, Mamun, Oman’s pioneering P2P financing platform, was …
Bank Nizwa Leads Islamic Banking at Themar Conference 2024
Muscat, Oman – As Islamic finance continues to grow, Bank Nizwa stands out as a leader in Oman’s Islamic banking sector. Their commitment to fostering …
Emirates Development Bank and ADIB Boost SME Financing in the UAE
In a significant development for the UAE’s business sector, Emirates Development Bank (EDB) and Abu Dhabi Islamic Bank (ADIB) have formed a …
Malaysia and UK Partner in Islamic Finance to Drive Green Investment
In the face of a growing global emphasis on sustainability and ethical investing, Malaysia and the United Kingdom are taking bold steps to deepen …
KFH Capital Recognized as Best Fixed Income Firm in Kuwait
KFH Capital, the investment arm of Kuwait Finance House (KFH), is making a strong impact in Kuwait City’s financial sector. Recently named …
AlHuda CIBE to Honor Takaful and Re-Takaful Excellence at Awards Ceremony
Dubai, UAE – The AlHuda Centre of Islamic Banking and Economics (CIBE) is excited to announce the highly anticipated Takaful and Re-Takaful Awards …
Islamic Development Bank Signs Strategic Agreement with Kazakhstan
In a significant move to bolster regional development and strengthen economic ties, the Islamic Development Bank (IsDB) has signed a memorandum of …
Al Baraka Islamic Bank Signs Agreement with Bahrain Airport Company
Manama, Kingdom of Bahrain: Al Baraka Islamic Bank, a leading name in the Islamic banking sector, has entered into a strategic partnership with …
Malaysia Secures RM4 Billion Halal Industry Investment from China
Malaysia is set to receive a significant boost in halal industry investments from China, amounting to RM4 billion. Deputy Prime Minister Datuk Seri …
Halal Mortgages Gain Popularity in America
The growth of Islamic mortgage options over the past two decades has revolutionized the path to homeownership for Muslims, especially in countries …
Bank Muamalat’s Khairul Kamarudin Named GIFA 2024 CEO of the Year
The Global Islamic Finance Awards GIFA 2024 illuminated the exceptional leadership within the Islamic banking sector, granting the CEO of the Year …
KFH Achieves New Heights with Successful Merger of Ahli United Bank
Kuwait Finance House (KFH) has once again demonstrated its prowess in the Islamic banking sector by completing a monumental merger that has reshaped …
SME Bank Fuels Halal Industry Growth at 20th Malaysia International Halal Exhibition 2024
SME Bank Malaysia Berhad (SME Bank), the lead agency for the Ministry of Entrepreneur and Cooperatives Development (MECD), has once again demonstrated …
How Islamic Finance is Driving Growth in Muslim-Friendly Travel
At the 4th World Islamic Tourism Conference (WITC), a compelling panel discussion titled “Islamic Finance and the Economic Opportunities for …
Arab Banking Conference 2024 drives sustainable development and financial innovation
The Arab Banking Conference 2024, held in Doha, recently concluded with great success, bringing together a diverse group of senior financial and …
Moody’s Forecasts Global Sukuk Issuance to Exceed $200 Billion in 2024
KUALA LUMPUR – Global sukuk issuance is on track to surpass the US$200 billion mark in 2023, highlighting the continued growth and resilience of the …
ARMM Gov’t Aims to Acquire DBP Shares in Al-Amanah Islamic Bank
The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is moving forward with a transformative plan to acquire shares from the Development Bank …
Al Baraka Capital, INVIA Launch Sharia Fund for Small Businesses in Egypt
Al Baraka Capital, the Islamic financial services arm of Al Baraka Bank, in collaboration with fintech firm INVIA, has taken a significant step in …