Egyptian Pilgrims Left to Suffer in Scorching Hajj Conditions
The Hajj pilgrimage, a sacred journey to Islam’s holiest city, turned tragic this year as soaring temperatures claimed the lives of hundreds of …
Africa
AATB Partners with Tunisia Africa Business Meeting to Boost Economic Growth and Food Security
The Arab-Africa Trade Bridges (AATB) Program is gearing up for its 4th Board of Governors (BoG) Meeting and the 11th Executive Committee (EC) Meeting …
The Growing Reach of BRICS: Reshaping the Global Economic Landscape
In a surprising turn of events during a summit held in Johannesburg, South Africa on August 24, 2023, BRICS, a group of five major emerging economies …
200 Ugandan Women-Led Companies Trained in Export Trade
In a significant stride towards fostering economic independence and empowerment, over 200 small and medium-sized enterprises (SMEs) and women-led …
Muslim Countries Unite to Boost Tourism in a Post-Pandemic Era
The Developing Eight (D8) group of Muslim countries is set to convene in the picturesque city of Murree, nestled in Pakistan’s mountains, next …
Digitization Surges in North Africa’s Islamic Banks
Islamic finance, often referred to as Sharia-compliant finance, stands as a unique pillar in the global financial landscape. It underscores a critical …
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 …
How Can Nigeria Capitalize On the Growing Halal Market?
The growing halal market in Nigeria, with its large Muslim population and abundant resources, is in a prime position to take advantage of this growth. …
Court Awards N240,000 to UI School in Hijab Hearing Delay
Discover the recent court ruling that awards N240,000 to the UI School in a hearing delay related to the issue of hijab. In a recent ruling, an Oyo …
IDB Approves $345M for Egypt’s Eco-Friendly Train
Islamic Development Bank (IsDB) has approved $403 million worth of projects in member countries such as Egypt, Kyrgyzstan, and Tajikistan to bolster …
Islamic Finance in Nigeria Continues To Flourish
Islamic Finance in Nigeria has emerged as a thriving sector, offering Sharia-compliant banking solutions and investment opportunities to cater to the …
Al Rayan Bank, UK Fined for Anti-Money-Laundering Violations
Al Rayan Bank, the largest Islamic financial institution in the U.K., has been fined £4 million (approximately $4.9 million) by the Financial Conduct …
INCEIF Becomes a Premier Educational Institution for Islamic Finance
INCEIF becomes a premier educational institution of Islamic finance globally. The 12th Convocation of INCEIF recently witnessed the graduation of …
CIBAFI and AAOIFI Launched an Online Workshop on Ethics
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Accounting and Auditing Organization for Islamic Financial …
UAE: Gulfood Manufacturing unveils ‘Food & Beverage Industrial Investment Summit’
Dubai – Challenges concerning local sustenance security, guaranteeing reasonable nourishment supplies, the fate of the halal nourishment industry, the …