Funding Societies Launches Shariah-Compliant Investment Note in Malaysia
Experience the power of Shariah-compliant investment notes, a unique financial instrument that combines ethical principles with lucrative investment …
Finance
UK Retains Crown as Western Islamic Finance Hub Despite Local Niche
Fitch Ratings highlights the significant role of London in Islamic finance while observing its domestic limitations.
London Stock Exchange: Western …
Kazakhstan Undergoes Islamic Finance Assessment Led by IsDB Institute
The Islamic Development Bank Institute (IsDBI) has initiated a comprehensive Islamic Finance Country Assessment for Kazakhstan using its specially …
Most Islamic Finance Markets Remain Untested for Sukuk Recovery
Fitch Ratings-Dubai reports that the majority of the Organisation of Islamic Cooperation (OIC) countries, as per Fitch Ratings’ updated …
Dafinah Hilmi Takes the Helm as Hong Leong Islamic Bank’s New CEO
KUALA LUMPUR – Hong Leong Islamic Bank Berhad (HLISB) has announced the appointment of Dafinah Ahmed Hilmi as its new Chief Executive Officer, …
Sukuk Issuance: A Key Growth Catalyst for the Islamic Finance Sector
Welcome to the world of Islamic Finance Growth where the principles of Sharia-compliant finance intersect with the dynamic forces shaping the …
UAE’s Islamic Coin Surges to 1.3M Users, Trailblazing Halal Crypto
Dubai: UAE’s Islamic Coin is a testament to the country’s rich heritage and commitment to promoting Islamic values. As the tempestuous …
Is Islamic Finance A Good Career Path?
In the world of finance, Islamic finance has emerged as a force to be reckoned with. It is a system of finance that adheres to the principles of …
Boubyan Bank Secures Top Spot as World’s Premier Islamic Retail Bank
Witness the remarkable ascent of Boubyan Bank as it secures the top spot and solidifies its position at the zenith of the financial industry, …
Dubai Islamic Bank Launches ‘alt’: A Game Changer for Digital Banking Experience
Dubai Islamic Bank, a pioneering institution in the realm of Islamic banking, is proud to announce the launch of ‘alt,’ a revolutionary …
Are Islamic Online Banks Winning the Deposit War?
Are Islamic online banks emerging as the victors in the realm of digital finance? In the ever-evolving landscape of the financial industry, Islamic …
AAOIFI and Pakistan Join Forces to Advance Shariah-Compliant Capital Market
The recent collaboration between AAOIFI and Pakistan has joined tremendous excitement and potential in the realm of Islamic finance, as AAOIFI and …
Saudi Real Estate Refinance Company Raises SAR3.5 Billion in Sukuk Issuance
The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has successfully finalized its latest Sukuk issuance …
Islamic Finance Demand Surging in Central Asia, Says Oleg Ganeev from Sberbank
Last year, Sberbank launched its inaugural partner financing office in Tatarstan. As one of Russia’s premier financial institutions, Sberbank …
Court Orders Pak Government To Abolish Interest By 2027
Federal Shariat Court (FSC) of Pakistan Issues Directive to Abolish Interest from Nation’s Financial System by 2027
Delve into the …
How Does the Zakat System Work in the Middle East?
Zakat, one of the Five Pillars of Islam, is a form of obligatory almsgiving that plays a crucial role in the economic and social life of Muslims. In …
Ishaq Dar Emphasizes Islamic Finance’s Role in Alleviating Poverty Challenges
Ishaq Dar, former finance minister of Pakistan, emphasized the role of Islamic finance in alleviating poverty challenges during a recent webinar. He …
ADIB Becomes First UAE Bank to Offer Instant SME Account Opening
Abu Dhabi Islamic Bank (ADIB) has become the first bank in the UAE to offer small and medium-sized enterprises (SMEs) convenient remote account …
Ten Halal Ways to Improve & Increase Your Personal Savings Habits All Year Round
It will be simple to achieve excellent financial stability if you consistently set aside a specific percentage of your income every month. Whether …
Islamic Development Bank & Settlemint Collaborate for Blockchain Price Stability
Today, a profound revelation in the world of financial technology comes to the forefront. Settlemint, an enterprise blockchain developer with a solid …
The Importance of Budgeting in Islamic Personal Finance
Brief Overview of Islamic Personal Finance
Islamic personal finance is a unique approach to managing money that aligns with the principles of Islam. …
US Congress Members Urge PayPal to Lift Ban on Palestinian Businesses
While other financial service providers operate in the Palestinian territories, PayPal has singled out this region, offering its services only to …
Daraz Pakistan and Salaam Takaful Launch Islamic Insurance for Riders’ Belongings
Setting a new industry standard, Daraz Pakistan, the country’s premier e-commerce platform, and Salaam Takaful Limited, the foremost dedicated …
APAC’s Islamic Banks Surpassing Peers Amidst Challenges
S&P Global Ratings forecasts that Islamic banks in the Asia-Pacific region are set to exceed the growth of their conventional counterparts, even …