How a Weaker Dollar Impacts Poor Countries
The U.S. dollar has long been the world’s go-to currency, a kind of global money superhero that countries, including many Muslim-majority nations, …
Islamic finance Market to Reach $7.7 Trillion by 2033 Globally
In a world where trust in financial systems is often shaky, Islamic finance stands out as a beacon …
Islamic finance Market to Reach $7.7 Trillion by 2033 Globally
In a world where trust in financial systems is often shaky, Islamic finance stands out as a beacon …
Dhofar Islamic Dominates Oman’s Islamic Banking with 25 Branches
Ever wondered how a financial sector rooted in centuries-old principles can become a modern …
How a Weaker Dollar Impacts Poor Countries
The U.S. dollar has long been the world’s go-to currency, a kind of global money superhero that …
Islamic finance Market to Reach $7.7 Trillion by 2033 Globally
In a world where trust in financial systems is often shaky, Islamic finance stands out as a beacon …
Dhofar Islamic Dominates Oman’s Islamic Banking with 25 Branches
Ever wondered how a financial sector rooted in centuries-old principles can become a modern …
Malaysia and Indonesia Focus on Halal Trade, Regional Stability, Palestine
Ever wonder how two neighboring giants are teaming up to shape the future of ethical commerce and …
UAE Leads Global Islamic Finance After 50 Years
Ever wondered how one nation transformed itself into the nerve center of ethical finance? Buckle up, …
Where Is All The Islamic Wealth Going?
Imagine a river of wealth—billions of dollars strong—flowing through the global economy, guided not …
Pakistan Stock Exchange to Collaborate with Malaysia on Islamic Finance Expertise
Ever wondered how stock markets embrace Islamic finance? The Pakistan Stock Exchange (PSX) is making …
Madinah Forum Will Discuss Islamic Finance Progress
Ever wondered where the future of ethical banking is being mapped out? Get ready, because all eyes …
Why Islamic Banking is Thriving in Non-Muslim Countries
Picture this: a banking system that shuns exploitation, champions fairness, and delivers competitive …
Indonesia and Russia Partner on Halal Product Quality Infrastructure
Ever wondered how the “halal” label on products crossing borders is verified? Russia and …
MTDC – Malaysia Should Increase Promotion of Halal Products in the Global Market
Despite strong foundations, Malaysia, a recognized global hub for halal-certified goods, faces …
What is the Difference Between Shariah-Compliant and Shariah-Based Banking?
Imagine standing at a crossroads in the heart of Doha’s financial hub. Two banks beckon—one labeled …
Bahrain Kuwait Insurance Co. and Takaful International Co. Host Insurance Brokers
Imagine the thrill of Formula 1, the speed, the energy – but what if that wasn’t the only …
ASB & State Street Launch Shari’a Global Equity Fund for UAE Investors
In a significant move that underscores the growing global appetite for ethical and Shari’a-compliant …
How Islamic Finance Advisors Help You Build a Halal Investment Portfolio
Imagine your savings growing steadily, each pound or dollar aligned with your faith, free from the …
Shariah-Compliant Blockchain and AI – Doha Conference Insights
Ever wondered how ancient ethical financial rules can meet cutting-edge tech like blockchain and AI? …
How to Make Smart Money Decisions Now
In a sleek office overlooking Dubai’s skyline, Noor, a 34-year-old tech entrepreneur, sat with her …
Shariah-Compliant Crypto Demand Exceeds Supply in 2025
Imagine a world where your investments not only aim for growth but also align with your deeply held …
Hejaz UAE Receives €100M Funding for Australian Islamic Finance Growth
Australia’s financial landscape is transforming, marked by the increasing significance of Australian …
Why US Markets Skyrocketed After Trump’s Tariff Pause
Imagine waking up to a world where the stock market, a rollercoaster of numbers that dictates wealth …
How the Financial Industry Destroys Economies
In the shadow of the 2008 financial crisis, as Lehman Brothers’ collapse reverberated through global …
Abu Dhabi Islamic Bank Pioneers Fractional Sukuk Offering
Tired of feeling locked out of potentially stable investments? Abu Dhabi Islamic Bank (ADIB) is …
Pakistan’s Fintech, Haball Raises $52 Million to Expand Islamic Finance in Middle East
Imagine a Pakistani startup shaking up how businesses in the Middle East and beyond manage their …
Doha Conference to Explore Islamic Finance Innovations- Blockchain, Takaful, and Bitcoin
Heard about the next big things shaking up Islamic finance? Get ready, because all eyes are on Doha! …
IsDB and Algeria Enhance Strategic Partnership
Ever wonder how global finance shapes the future of nations? Well, this past weekend in Algiers, …
BankIslami Introduces Pakistan’s First Instant Cheque Encashment
Imagine needing cash from a cheque right away? BankIslami in Lahore has just made that a reality! …
Regulatory Reforms Fuel Growth in Malaysia’s Takaful Sector
Ever wonder what’s powering the growth of Islamic finance in Malaysia? The Takaful sector, …
Islam’s Prohibition of Riba, Its Impact, and Alternatives
Ever feel like the world of finance has its own set of rules? For Muslims seeking to align their …
What Is a Halal Mortgage? A Simple Guide to How It Works and Why It Matters
Imagine you’re 13 years old, standing in front of your dream house—a cozy two-story with a big …
India’s Parliament Debates Controversial Bill Affecting Muslim Properties
Imagine a legal shift that could change how entire communities manage their historical properties. …
Understanding Islamic Banking’s Global Ascent and Growth Drivers
Ever wondered how banking can align with your faith? Picture this: the vibrant city of Islamabad …
US Tariffs May Impact Global Halal Industry Growth
Ever grabbed your favorite halal spices at the market, wondering about their journey? Now, imagine …
Sri Lanka to See First Listed Sukuk Issuance by Local Firm
Sri Lanka’s financial world is evolving, promising more inclusive options. Vidullanka Plc, a …
Ayan Capital Gains £25m to Grow Halal Car Finance Across UK
Ever felt there’s a missing lane on the UK’s road to car ownership? For many Muslims …
Saudi Aramco Invests $25M in Halal Fintech Firm Wahed
Ever wondered if your investments truly align with your values? In a world buzzing with new tech and …
StrideUp, UK Islamic Fintech, Secures Top 20 Fastest-Growing Startup Rank
Ever feel like the world of finance could be more ethical? Well, here’s some exciting news …
SMIIC Patronizes Landmark 6th International Halal Conference
Did you know the global halal market is booming, predicted to hit trillions? To navigate this …
Doha Forum Will Focus on AI and Blockchain’s Impact on Islamic Finance
Doha, Qatar – The landscape of Islamic finance, a sector rooted in centuries-old principles yet …
Qatar Hosts 11th Islamic Finance Conference in Doha Starting April 8
Curious about tech’s impact on Islamic finance? Qatar is the place to be! Doha hosts the 11th …
UAE’s Sovereign Sukuk and Stable Assets Attract Investors Amid Global Economic Shifts
Hey there! Ever feel like the world’s economy is a bit of a rollercoaster? You’re not …
Islamic Development Bank Sukuk – $1.75bn First Issuance 2025
Ever wondered how Islamic finance helps build a better world? Get this: the Islamic Development Bank …
UAE Islamic Banking – Market Share Growth & Popular Shariah Products
Thinking about banking in the UAE? You might be surprised by how popular UAE Islamic Banking has …
Samba Bank Pakistan Plans Islamic Banking Transition
Big changes are brewing in Lahore’s (and Pakistan’s) banking world! Samba Bank, a …
Nasdaq Dubai Lists $1 Billion Ras Al Khaimah Government Sukuk
Big news from the financial world! Nasdaq Dubai just rolled out the red carpet for a massive $1 …
UAE Green Sukuk Success – Aldar Investment’s $500M Issue Attracts Over $2B in Orders
Imagine investors clamoring for a piece of sustainable finance – that’s exactly what happened …
NCC Bank – Islamic Banking Window Opens at Motijheel, Bangladesh
Ever wondered how your faith and finances could align seamlessly? Well, in Bangladesh, things are …
Halal Investment Options – Expanding for Muslim Investors in Canada
In 2012, Danish Baig, a recent university graduate, embarked on a journey familiar to many Muslim …
How to Embrace the Spirit of Ramadan via Generosity and Gratitude
Ever felt like Ramadan’s more than just skipping lunch? It’s like a reset button for …
CDNS Pakistan Achieves Rs 20 Billion Islamic Finance Target
CDNS Pakistan, the Central Directorate of National Savings, is a pivotal institution within …
The Significance of Paying Zakat in Ramadan
Ramadan, a month of heightened spirituality, extends beyond fasting and prayer. It is a period where …
Online Zakat 2025 Guide – Bridging the Gap Between Donors and Needy
Imagine a student’s life shattered in an instant. That’s Fawzan’s story. But …
Uzbekistan Private Sector Growth – ICD & Turonbank Strengthen Partnership
Ever wonder how a country unlocks its hidden entrepreneurial potential? Imagine a $30 million boost, …
Bangladesh SME Trade Finance – ITFC, Mutual Trust Bank Murabaha Agreement
Struggling to grow your Bangladesh SME in today’s global market? You’re not alone. But …
How GCC Support Boosts Islamic Finance in Central Asia
Ever wonder where the next big leap in ethical finance might happen? Forget the usual suspects. …
IFN Global Islamic Finance Awards 2024
Imagine your investments growing and actively contributing to a better world. That’s the spark …
Why Do You Need To Know the Basics of Islamic Finance as a Muslim?
Imagine this: You wake up one morning and realize that every financial decision you’ve made—your …
ITFC Leads Global Islamic Syndications for 4 Consecutive Years
Ever wonder who’s really steering the ship in the world of Islamic finance? Well, for four …
Makkah Halal Forum-13 New Deals Boost Saudi Arabia’s Halal Market Leadership
Imagine a global marketplace worth trillions, where ethical standards meet booming business. …
Makkah Halal Knowledge Hub – Abdullah Kamel’s Vision for Industry Growth
Imagine Makkah not just as a spiritual center but as the go-to place for all things halal. …
Saudi Real Estate $2bn Sukuk Listed on London Stock Exchange
Want to know where global investors are putting their money? Look no further than Saudi …
What is the Likely Impact of AAOIFI’s Standard 62 on the Sukuk Market?
The Islamic finance industry, built on principles of justice and ethical finance, finds itself at a …
Why Should We Study Islamic Finance?
Imagine a financial system where profit isn’t pursued at the expense of ethics, where investments …
Karachi FoodAg 2025 Drives Pakistan’s Food and Agriculture Transformation
Pakistan’s food and agriculture sector is on the cusp of a significant transformation driven …
Dubai Islamic Bank and Qatar Airways Launch Avios Rewards Partnership
Ever wished your everyday spending could fuel your travel dreams? Well, great news! Dubai Islamic …
PM Anwar in Bahrain – Strengthening Bilateral Ties, Extending ASEAN Invite
What’s on the agenda for PM Anwar’s trip to Bahrain? This official visit isn’t …
What Is Halal Money? Top 4 Ways To Earn Halal Money
What is Halal Money? Halal money is income earned in ways that comply with Islamic principles. It …
Why Pakistan Doesn’t Have Islamic Digital Banks Yet?
Why can’t I open a fully Islamic bank account on my phone in Pakistan? It’s a question …
What Do Islamic Bankers Need To Know About Mobile Generation?
Imagine this: A young Muslim entrepreneur in Jakarta is scrolling through her smartphone, looking …
Ex-AmBank CEO Sulaiman Takes the Helm as MNRB Chairman
Big news in the world of reinsurance! Malaysia’s MNRB Holdings just announced a major …
Saudi EXIM, ITFC Provide $5M Financing to Alizz Islamic Bank, Oman
Want to see Saudi businesses thrive on the global stage? Big news! Saudi EXIM and ITFC have teamed …
City Bank Now Offers Islamic Banking at All Branches in Bangladesh
Ever felt like your faith and finances should align? You’re not alone. Islamic finance is …
Top Five Challenges For Islamic Banking
By 2025, Islamic banking has shattered expectations, with assets nearing $4.5 trillion. Yet, beneath …
Is Futures Trading Halal Or Haram In Islam?
Imagine you’re standing at a crossroads. On one side, there’s the promise of financial growth and …
Greenpeace Indonesia & Partners Champion Islamic Finance for Sustainable Livelihoods
Fighting climate change and building thriving communities? It sounds impossible, right? But in …
How To Pick An Islamic Financial Advisor?
Imagine this—you’ve spent years working hard, saving diligently, and building a solid financial …
What Questions Should You Ask An Islamic Financial Advisor?
Imagine a world where your financial decisions align not only with your economic goals but also with …
2025 Cambridge Islamic Funds Awards (CIFA) – Winners & Nominees
Want to know who’s shaping the future of ethical investing? The Islamic finance world is …
Why Is Islamic Finance So Popular in the West?
Once considered a niche market, Islamic finance is now making waves across the West, attracting …
Erdoğan highlights potential for Islamic finance leadership with Malaysia
Want to see a partnership poised to reshape global finance? Look no further than Türkiye and …
Pakistan-Saudi Business Ties Grow at Jeddah Chamber
From shared history and deep-rooted cultural ties to a powerful new economic alliance – the …
Ocorian & Ebdaa – Innovative Sharia Financial Services in the GCC
Feeling lost in the ever-changing world of finance? Especially for high-net-worth individuals …
Secure Funding – Top 10 Islamic Bank CSR Grants for NGOs
Islamic banking has emerged as a powerful and influential force in the global financial landscape, …
Kyrgyzstan Seeks Brunei Investment in Energy & Halal Sectors
Imagine a country of soaring peaks and stunning vistas, a hidden gem in the heart of Central Asia. …
GCC-Indonesia Free Trade Agreement Negotiations – Round Concludes in Riyadh
Ever wondered how the price of your favorite coffee or the latest tech gadget gets decided? …
Turkmen Delegation in Malaysia – Boosting Trade & Economic Ties
Want to know where global trade deals are happening right now? Look no further than Kuala Lumpur! A …
Bangladesh – Tk 10 Lakh Fine for Takaful Islami Insurance Over Irregularities
Ever wonder how regulators keep insurance companies in check? Well, the Insurance Development and …
ADIB Becomes the First Islamic Bank on Swift Alliance Cloud
Abu Dhabi, UAE – Ever wished your bank transactions were lightning-fast and super secure? Abu Dhabi …
$100 Million ICD Investment in Egypt’s Private Sector for 2025
Want to know the secret to unlocking Egypt’s economic potential? It’s the vibrant energy …
Islamic Finance Looks To Growth Opportunities In Africa
Imagine a financial system that doesn’t just focus on profit but also prioritizes ethical …
Saudi Arabia’s Ma’aden to Issue US Dollar Sukuk
Want to invest in a booming market and support ethical finance? Saudi Arabia’s Ma’aden, …
STC Bank Launches its Digital Banking Services in Saudi Arabia with SAMA Backing
Riyadh, Saudi Arabia – The Saudi Central Bank (SAMA) has officially granted its “no …
ITFC and Egypt Sign $1.5 Billion Financing Program for Petroleum and Food Security
Want to know how nations tackle big challenges like feeding their people and powering their …
Malaysian Banks to Launch First Islamic Digital Bank in Philippines
Want to bank in a way that aligns with your faith and your fast-paced modern life? Big news for the …
UAE Mega Projects Fuel Sukuk & Bond Market Expansion
Ever wondered how a nation can build towering skyscrapers and a greener tomorrow? The UAE is proving …
What is the State of The Islamic Fintech Industry in 2025?
The Islamic finance industry has long been a cornerstone of ethical and Shariah-compliant financial …
Malaysia Still A Leader In Islamic Banking
Malaysia has long been recognized as a “global leader in Islamic banking,” a sector that …
Who Is Going To Control The Islamic Finance Industry?
The Islamic finance industry, a rapidly evolving sector with over $2.6 trillion in assets globally, …
Sohar Islamic’s Sharia-Compliant Corporate Mobile App Debuts in Oman
In today’s hyper-connected and relentlessly competitive business landscape, efficiency …
Halan, Egypt’s Leading Fintech, Expands into Pakistan’s Growing Market
Ever wondered how millions of people in Pakistan still lack access to basic financial services? …
1st International Conference on Islamic Finance & Sustainability (ICIFS) 2025
Is the current financial system working for everyone? We’re facing a triple threat: a rapidly …
Prestigious Insurance & Takaful Awards 2025 – Call for Entries
Ever feel like you’re walking a tightrope in a hurricane? Between global economic swings, …
IsDBI & MBSC Launch Programs for Islamic Finance & Entrepreneurship
Ready to shape the future of Islamic finance? The industry is booming, but it’s also getting …
10 Key Sustainable Finance Trends Shaping 2025
Is your money working towards a better future and strong returns? It should be! The world of finance …
Rubens Chohfi Departs as Arab-Brazilian Chamber President
Ever wonder how global trade gets done, especially between seemingly different cultures? It’s …
Sukuk’s Role in Islamic Finance – 4th AlBaraka Forum Highlights
Ever wondered how money can do more than just make a profit? Imagine investments that not only grow …
Eurasian Development Bank (EDB) Joins AAOIFI to Boost Islamic Finance in Central Asia
ALMATY, Kazakhstan – In a move signaling the growing importance of Islamic finance in Central Asia, …
Etiqa Launches New Takaful in Singapore After 5 Years
Want financial peace of mind that aligns with your faith? Singapore’s Islamic finance scene …
Are Memecoins Halal? $TRUMP Coin, Dogecoin, and Sharia Compliance Explained
Imagine your cousin invests $500 in Dogecoin because of an Elon Musk tweet. Two months later, …
IDLC Finance Bangla Desh Launches “IDLC Islamic” for Shariah-Compliant Financing
Looking for ethical, faith-based financing in Bangladesh? You’re not alone. With a growing …
Pakistan’s Bold Gamble: Can it Build a Riba-Free Economy?
Imagine a world where money doesn’t just grow—it heals. That’s the vision 2,000+ global leaders …
What Is Islamic Finance?
In a world where ethical investing and sustainable finance are gaining momentum, Islamic finance …
Islamic Banking Poised To Boom In Canada
As evening lights sparkle over Toronto’s bustling streets, a quiet financial revolution brews, …
Why Halal SMEs Need Islamic Banking to Conquer the Global Market
Imagine a young entrepreneur in Jakarta, crafting halal-certified skincare products that fuse …
Maybank Islamic Drives Digital Banking Innovation with Audax and AWS
Southeast Asian Islamic finance is about to get a major upgrade! Maybank Islamic, the Islamic …
Pru Life UK & Al Amanah Islamic Bank Partner to Advance Islamic Finance in the Philippines
Imagine trying to access financial services that don’t quite fit your needs. Now picture that …
Islamic Finance’s Impact on Climate Change Mitigation in Indonesia-Supporting SDG 13
The planet is sending us a clear message: climate change is here, and it’s not waiting. …
Who Should Control the Direction and Pace of Islamic Finance
As global financial markets grapple with increasing demands for ethical and inclusive investment …
Seamless Financial Solutions for UAE Entrepreneurs by IFZA & ADIB
Want to launch a business in a place where innovation thrives? The United Arab Emirates (UAE) has …
Why Interest Rates (Riba) Are Harmful to the Economy
Imagine a world where the economic playing field is level, businesses thrive without crippling debt, …
Takaful Ikhlas Family of Malaysia Appoints Wan Ahmad Najib as President & CEO
Big news in the Malaysian financial world! MNRB Holdings Bhd (MNRB), a major player in financial …
Bank Nizwa Powering Oman’s Growth with Innovative Islamic Banking
Muscat, Oman – The Sultanate of Oman, under the astute leadership of His Majesty Sultan Haitham bin …
Kazakhstani ITS Exchange Launches ETFs Linked to Its Sharia Stock Index
The ITS international trading platform, headquartered in Kazakhstan, has launched its first-ever ETF …
QIB Named Best Islamic Bank in GCC by World Union of Arab Bankers
In the ever-evolving and increasingly complex landscape of global Islamic finance, Qatar Islamic …
iFX EXPO Dubai 2025 Leading Fintech Expo
The glittering skyline of Dubai, a global epicenter of commerce, innovation, and futuristic …
Is Taking a Home Loan Haram?
Imagine finally finding your dream home—a place where your family can create lasting memories. The …
PM Anwar Urges Islamic Councils to Engage Experts for Better Zakat Management
KUALA LUMPUR, Jan 11 — Prime Minister Datuk Seri Anwar Ibrahim has called on Islamic Religious …
NAICOM Partners with Malaysia to Expand Takaful Insurance in Nigeria
Nigeria’s insurance landscape is on the cusp of a significant transformation, driven by a …
How Islamic Banking is Financing Saudi Arabia’s Vision 2030 Projects
Ever wondered how a nation built on oil is planning for a future beyond oil? Saudi Arabia’s …
2025 Global Diversity & Inclusion Benchmark Awards
Diversity and Inclusion (D&I) are no longer just buzzwords in boardrooms. In today’s …
Faysal Bank Wins 2025 Global Diversity, Equity and Inclusion Award
Pakistan’s financial landscape is undergoing a significant transformation, with a growing …
How To Buy A Car Without Paying Interest (Riba)?
Have you ever felt stuck between needing a car and staying true to your faith? Imagine owning your …
Mashreq Expands Financial Inclusion in Pakistan with Halal Digital Banking
Pakistan stands at the precipice of a digital banking revolution, with Mashreq, a prominent …
Where Should You Invest Your Money as a Muslim in 2025?
In 2025, Muslims face an evolving global economy and a critical question: how can one grow wealth …
ITFC Invests $3M in Alif for Sharia-Compliant Instalment Service in Uzbekistan
Uzbekistan’s financial sector is experiencing a dynamic period of transformation, driven by …
Pakistan Banking Sector Developments 2024 — Regulations, Fintech & Digital Transformation
The year 2024 marked a watershed moment for the Pakistan Banking Sector, a period defined by a …
Riyad Bank of Saudi Arabia Issues SAR Additional Tier 1 Capital Sukuk
Riyadh, Saudi Arabia – Riyad Bank, a linchpin of the Saudi Arabian financial sector, has announced …
OJK Leads Sharia-Compliant Crypto Testing in Indonesia Halal or Haram?
Indonesia, the world’s most populous Muslim nation, is at the forefront of a compelling …
Islamic Fintech Revolution – Making Halal Banking Accessible Online
For nearly 1.9 billion Muslims worldwide, driven by the Islamic Fintech Revolution, navigating the …
Dubai Islamic Bank and Crypto.com Partner on Sharia-Compliant Digital Assets
In a groundbreaking partnership, Crypto.com, one of the world’s largest cryptocurrency exchanges …
MEA Finance Awards 2024 Recognize Emirates Islamic as a Top Performer
Emirates Islamic, a trailblazer in the UAE’s banking sector, has achieved a landmark moment at the …
5 Compelling Reasons Investors Are Choosing Dubai Over Other UAE Emirates
In a region where opportunity is as vast as the desert sands, Dubai has rapidly transformed into the …
Islamic Finance in Türkiye Drives Growth Amid Global Economic Challenges
Islamic finance in Türkiye has emerged as a dynamic force, effectively addressing global economic …
Bank Al-Jazira Expands Sukuk Offering with Additional 5 Billion Riyals
Did you hear the buzz in Saudi Arabia’s financial market? Bank Al-Jazira has just made headlines …
Eurasian Development Bank Joins IFSB to Strengthen Global Islamic Finance
Imagine a financial alliance that drives economic growth and adheres to ethical principles rooted in …
Breaking Records as KFH Earns 47 Prestigious Awards in 2024
Kuwait City – Kuwait Finance House (KFH) has wrapped up an extraordinary year, earning 43 …
Cambridge IIF and NIBAF Sign MoU to Boost Innovation in Islamic Finance
Islamabad – In a groundbreaking development for the Islamic finance sector, the Cambridge Institute …
Malaysia Becomes First to Accept Zakat Payments via Cryptocurrency
Malaysia has made history by becoming the first country in the world to accept Zakat payments via …
ADFW24 – Shaping the Future of Global Finance from Abu Dhabi
In its third and most ambitious edition yet, Abu Dhabi Finance Week 2024 (ADFW24) welcomed over …
13 Rules To Follow While Earning Halal Money
What if your hard-earned income, instead of bringing blessings, created barriers in your spiritual …
Islamic Development Bank Approves $575.63 Million for Member Nations’ Development
The Islamic Development Bank (IsDB) has reaffirmed its commitment to fostering sustainable and …
Emirates NBD & ADIB Close £140M Deal for London Student Housing
London’s student housing market has witnessed a monumental shift with the closure of a £140 …
Meethaq Islamic Banking Wins 2024 GIF Market Leadership Award for Industry Excellence
Meethaq Islamic Banking, the Islamic banking division of Bank Muscat, continues to solidify its …
Pakistan’s QAU Concludes International Islamic Economics Conference, Highlighting Global Trends
Islamabad, Pakistan – The International Islamic Economics Conference recently concluded at …
How to Find Jobs/Internships in the Islamic Banking Industry
Imagine building a career where your professional growth aligns with your faith and values. Islamic …
Philippines Launches National Halal Office to Strengthen Global Market Presence
What if the Philippines could tap into a $7 trillion global market and become a key player? With the …
How UAE’s Trade Agreements with OIC States Are Reshaping the Islamic Economy
Imagine a world where borders no longer limit economic opportunity. That’s precisely the future the …
Future of Islamic Finance in Central Asia: Insights from EDB, IsDBI & LSEG
Islamic finance is emerging as a game-changer for Central Asia’s economic landscape. This growing …
Bank Al Yousr Wins Global Award for Excellence in Islamic Corporate Banking
What makes a bank a true leader in Islamic corporate banking? For Bank Al Yousr, it’s about …
IFFSA Awards 2024 Highlights Excellence and Innovation in Islamic Finance
What happens when the brightest minds in Islamic finance gather under one roof? The Islamic Finance …
Malaysia and Thailand Strengthen Economic Partnership to Boost Regional Trade and Growth
In December 2024, Malaysia and Thailand made headlines by announcing a comprehensive agreement aimed …
Sohar International Named ‘Best Government Bank 2024’
Muscat, Oman — Oman’s banking sector has hit a new milestone as Sohar International has been crowned …
Is Bitcoin Haram? UAE Experts Say It May Be ‘The Most Islamic Form of Money
As Bitcoin’s influence continues to grow in global finance, the Islamic world faces a profound …
Dubai Islamic Bank Eyes Major Acquisitions in Banking and FinTech
Dubai Islamic Bank (DIB), the largest Islamic lender in the UAE, is making bold moves to cement its …
AAOIFI Recognizes Pakistan as Home to 40% of Shariah Finance Experts
Pakistan has firmly established itself as a dominant force in the dynamic and rapidly expanding …
What is the Future of Islamic Finance in Central Asia
Imagine a region where East meets West, bustling with opportunities and poised for remarkable …
Ayan Capital Secures £2.8M to Drive Growth in UK Islamic Fintech Solutions
The UK Islamic Fintech Solutions are witnessing a remarkable shift as Ayan Capital, a London-based …
Bank Indonesia Award 2024 Celebrates Excellence in Indonesia’s Halal Economy
The Bank Indonesia Award 2024, presented during the Annual Meeting of Bank Indonesia (Pertemuan …
Boubyan Bank Kuwait Leading Islamic Finance with Digital Innovation
Boubyan Bank, one of Kuwait’s premier Islamic financial institutions, is redefining the Islamic …
Egypt Pioneers Sustainable Finance with Local Green Islamic Bond
Egypt is poised to make a landmark shift in sustainable finance by planning the issuance of Green …
Is Cryptocurrency A Bubble?
The world is buzzing with the news — Bitcoin has officially crossed the $100,000 mark. For many, …
Abu Dhabi Finance Week 2024 Your Complete Day-by-Day Guide to Key Events & Insights
Abu Dhabi Finance Week (ADFW) 2024 is set to be the most influential finance event of the year, …
Bitcoin Hits $100K — Here’s What Smart Money Doesn’t Want You to Know
Imagine this — you wake up one morning, scroll through the headlines, and see it: “Bitcoin Hits …
Egypt and Saudi Arabia Sign Landmark Trade Deal to Strengthen Economic Partnership
In a breakthrough for regional economic integration, Egypt and Saudi Arabia have signed a landmark …
Islamic Wealth Management: The Next Big Growth Sector
What if the future of wealth management wasn’t just about profits—but about principles? Welcome to …
Global Islamic FinTech Forum 2024 – AlHuda CIBE Brings Industry Leaders to Dubai, UAE
The Global Islamic FinTech Forum 2024 (GIFT Forum 2024), organized by the AlHuda Centre of Islamic …
Will 2025 be A Banner Year For Islamic Fintech?
Imagine a financial world where cutting-edge technology meets ethics, seamlessly merging innovation …
ADIB Unveils 7th EFICA Edition Driving Innovation in Ethical and Islamic Finance
Abu Dhabi, UAE: The Ethical Finance Innovation Challenge and Awards (EFICA), an initiative by Abu …
Bank of the Year Awards 2024 Honoring Excellence in Middle East Banking
The Bank of the Year Awards 2024 is a hallmark of excellence, honoring financial institutions that …
Pakistan Raises PKR 353 Billion in Ijarah Sukuk Auction, Misses Target
The Islamic finance sector in Pakistan continues to grow steadily, offering ethical and …
ICIEC Launches Africa-Arab Guarantee Fund to Enhance Economic Cooperation
The Africa-Arab Guarantee Fund (AAGF) represents a groundbreaking step toward strengthening economic …
Pakistan Hosts 2nd International Islamic Capital Market Conference on Dec 12
The Securities and Exchange Commission of Pakistan (SECP) is excited to host the 2nd Islamic Capital …
Offa Acquires UK’s First Shariah-Compliant Home Finance Portfolio
Offa, a Birmingham-based fintech company specializing in Shariah-compliant property finance, has …
Istanbul Halal Expo 2024 Highlights Afghan Companies Making Their Mark
The Istanbul Halal Expo 2024, held from November 27 to 30 at the Istanbul Expo Center, was a …
Maldives Islamic Bank Wins Prestigious Asian Islamic Finance Award
Since its founding in 2011, Maldives Islamic Bank (MIB) has redefined banking in the Maldives by …
Why Are Muslims More Vulnerable to Scams?
Imagine dedicating years to saving for a spiritual journey, only to discover you’ve been duped. Or …
TLAS 2024 Celebrates Four Decades of Takaful Excellence at MTA, Malaysia
TLAS 2024 highlights the rich heritage of Takaful, derived from the Arabic word “guaranteeing each …
Islami Bank Bangladesh Recognized as the Top Remittance Recipient Bank
In a momentous achievement, Islami Bank Bangladesh PLC has been awarded the prestigious “Top …
Bank Nizwa Crowned Oman’s Strongest Islamic Retail Bank of 2024
Bank Nizwa, Oman’s first fully-fledged Islamic bank, has emerged as a beacon of excellence in the …
Missing Middle in SME Financing: How Islamic Finance Can Bridge the Gap
In the bustling markets of Jakarta, the sprawling workshops of Istanbul, and the entrepreneurial …
Islamic Finance Leaders Address Sustainable Innovation and Maqasid Al-Shariah at Key Economy Meeting
In a pivotal move to align Islamic finance with sustainability and innovation, the General Council …
Istanbul Hosts 10th OIC Halal Expo Highlighting the Global Halal Industry
The 10th OIC Halal Expo, the world’s largest platform for halal-certified products and services, is …
Abu Dhabi Hosts 16th MEIRA Conference and Awards
The Middle East Investor Relations Association (MEIRA) Conference returns for its 16th edition on …
EDB and Ajman Bank Join Forces to Empower SME Financing and Innovation in the UAE
Small and medium-sized enterprises (SMEs) are the cornerstone of the UAE’s economy. Accounting for …
Manzil Wealth Launches Canada’s First Halal Platform, Acquires Canadian Islamic Wealth
Manzil Wealth, a pioneer in Islamic finance, has announced the launch of Canada’s first …
Noor Takaful Launches Advanced Health Insurance and Digital Innovations
In a groundbreaking move to transform healthcare access in Nigeria, Noor Takaful Insurance Limited, …
Wahed Appoints Khalid Al Jassim as Executive Chairman to Drive Strategic Growth in MENA
In a move that highlights its commitment to the Middle East and North Africa (MENA) region, Wahed, a …
KFH Wins 2024 Award for Best Retail Bank in Kuwait
Kuwait Finance House (KFH) has been honored as the Best Retail Bank in Kuwait for 2024 by The Asian …
Zakat Chicago and Partners Distribute Over 5,000 Halal Turkeys for the Holidays
As the crisp air of November sets in, the season of giving and gratitude takes center stage. Across …
Ministry of Finance Launches USD Sovereign Bonds in Middle East for the First Time
In a milestone event for global finance, the Ministry of Finance of the People’s Republic of …
Bank Islam Revolutionizes Banking with Launch of Innovative Digital Platforms
In an era of rapid digital transformation, Bank Islam Malaysia Berhad has taken a monumental step …
Webull Malaysia Debuts Shariah-Compliant Trading via Islamic Banking Channel
Malaysia continues to assert itself as a global hub for Islamic finance, and the introduction of …
Warba Bank Leads in Sustainability and Islamic Digital Banking in Kuwait
Warba Bank recognized as a leader in sustainability and Islamic digital banking in KuwaitWarba Bank …
Hejaz Financial Services Launches ‘Halal Money’—Australia’s First Halal Investment App
In a groundbreaking development for Australia’s financial technology sector, Hejaz Financial …
Global Finance Magazine Names ADIB-Egypt ‘Best Islamic Financial Institution’ in Egypt
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) has once again underscored its leadership in the Islamic …
Riyadh Air Secures $1.3 Billion Financing Through Emirates NBD Partnership
In a landmark deal that underscores Saudi Arabia’s growing ambitions in the global aviation sector, …
Malaysia Sets the Benchmark for the Global Halal Industry
Malaysia has long been at the forefront of the Global Halal Industry, setting benchmarks for halal …
Dhaka Bank Secures Three Prestigious Wins at Mastercard Excellence Awards 2024
In a remarkable achievement that underscores its leadership in the financial sector, Dhaka Bank …
Bank Muamalat, CGC Launch Halal Guarantee-i Scheme for SMEs
In a bold step to reinforce Malaysia’s halal economy, Bank Muamalat Malaysia Berhad, in …
Nigeria’s $2.2 Billion Debt Strategy to Boost Budget Funding
To address fiscal challenges and stabilize its economy, Nigeria has unveiled its $2.2 billion debt …
Islami Bank Wins Visa Payment Excellence Award 2024
Islami Bank Bangladesh PLC (IBBL) has been recognized for its outstanding contributions to digital …
Meezan Bank and CashNow Launch Digital Islamic Supply Chain Finance Solution
In a landmark development, Meezan Bank, Pakistan’s largest Islamic bank, has joined forces with …
AEON Bank Leads Malaysia`s First Islamic Digital Bank Revolution
As the demand for digital banking services rises globally, Malaysia’s AEON Bank Malaysia Berhad …
Firoza Finance Launches Shariah-Compliant Investment Pools
The demand for ethical and Shariah-Compliant Investment Pools is reaching unprecedented levels, …
Noor Takaful Insurance to Host African Takaful Conference
The African Takaful Conference has rapidly emerged as one of the most crucial events in Africa’s …
Are Binary Options Halal or Haram in Islam?
Have you ever wondered if the rapidly growing world of binary options trading aligns with your …
Former State Bank Governor Identifies Barriers to Islamic Finance in Pakistan
Karachi, November 12, 2024 – Dr. Ashrat Hussain, the former governor of the State Bank of Pakistan, …
How Islamic Finance Empowers SMEs for Growth and Success
Small and Medium Enterprises (SMEs) are the lifeline of Pakistan’s economy. With over five million …
KFH Joins AAOIFI Conference on Islamic Finance Standards
In a milestone event, Kuwait Finance House (KFH) joined leading voices at the 19th Annual Conference …
QIB Named Qatar’s Safest Islamic Bank and 2nd in GCC by Global Finance
Qatar Islamic Bank (QIB), Qatar’s leading digital and Shari’a-compliant bank, has once again …
Bank Rakyat Appoints Ahmad Shahril Shariff as Acting CEO
KUALA LUMPUR – Bank Rakyat, Malaysia’s prominent Islamic cooperative bank, has taken a significant …
How Is Islamic Finance Failing the Real Test?
Islamic finance is experiencing a global boom, with around 500 Islamic banks operating in 75 …
Central Bank Drives Islamic Banking Growth at Bahrain Conference
The Central Bank of Afghanistan is pioneering a major transformation in the nation’s financial …
Meezan Bank Partners with ITFC to Boost Private Sector Trade Finance
In an exciting development for Pakistan’s economy and the global Islamic finance landscape, Meezan …
Almarai Wins ‘Best Corporate Sukuk’ at Asset Triple A Awards
Almarai, as Best Corporate Sukuk and the region’s largest vertically integrated dairy company and …
BCA Syariah and Thought Machine Join Forces to Transform Islamic Banking with Next-Gen Tech
BCA Syariah, a prominent Islamic bank in Indonesia, has announced a strategic partnership with …
Bank Negara Governor Highlights Islamic Finance’s Role in Economic Revitalization at KLIFF 2024
At the 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024, held at the prestigious Royale Chulan …
Saudi Awwal Bank Becomes Saudi Arabia’s First ISO-Certified Bank for Quality Management
Saudi Awwal Bank (SAB) has achieved a historic milestone as the first ISO-Certified Bank in Saudi …
Philippines Launches Takaful Islamic Insurance for Sharia-Compliant Coverage
The launch of Takaful Islamic Insurance in the Philippines marks a turning point in the nation’s …
Malaysia Endorses Baznas as Model for Alms Management
Jakarta, Indonesia – In a powerful endorsement of innovation in alms management, Malaysian Religious …
Manzil Enters U.S. Market with Strategic Aghaz Invest Acquisition
Toronto, Ontario — In a landmark move that underscores the rise of halal finance in North America, …
London Backs Philippines’ AI and Climate Finance Goals
In a pivotal partnership for sustainable development, London extends comprehensive support to the …
Hong Kong Relaunches Islamic Finance Drive Under Paul Chan’s Plan
Hong Kong is poised to take significant steps in repositioning itself as a hub for Islamic finance …
Pakistan’s First Islamic Nano Financing by Walee Financial Services
In a significant step toward building an interest-free financial system, Walee Financial Services …
Top Islamic Financial Institutions 2024 Highlights
The top Islamic Financial Institutions landscape in 2024 is marked by resilience, growth, and …
UAE Non-Oil Boom Fuels Islamic Finance Growth by S&P
Islamic finance in the UAE is rapidly growing, driven by a robust non-oil economy and supported by …
Bank Indonesia Governor Highlights 5 Key Drivers of Islamic Finance Growth
In recent years, the global halal industry has witnessed remarkable growth, driven largely by …
MUIS Awards 2024 Honors Suhaimi Salleh for Community Leadership in Singapore
In an inspiring testament to a lifetime of service and transformative leadership, Mr. Suhaimi Salleh …
Islamic Development Bank Issues EUR 500M Sukuk
The Islamic Development Bank (IsDB), headquartered in Jeddah, Saudi Arabia, continues to make …
UAE Becomes Vietnam First Comprehensive Partner in the Middle East
Vietnam and the United Arab Emirates (UAE) recently entered a transformative phase of diplomatic and …
UAE Leads as Global Hub for Islamic Finance says FTSE Russell CEO
The UAE Global Hub for Islamic Finance, has become one of the most prominent financial centers in …
Hong Kong First ETF in Saudi Arabia Raises $1.3B as Investors Bet on China Growth
The launch of the Albilad CSOP MSCI Hong Kong ETF (Albilad ETF) in Saudi Arabia represents a …
2024-2025 Islamic Finance Outlook: Insights from S&P Global & DIFC’s 14th Annual Conference
The Islamic finance industry, one of the fastest-growing segments in global finance, is set to …
Islamic Retail Banking Summit 2024 on Sustainable and Inclusive Growth
The Islamic Retail Banking Summit 2024, set to take place on November 26 in Dubai, aims to explore …
OJK Unveils 2024 Guidelines for Sharia-Compliant Banking Products
In recent years, Islamic finance has grown as a significant part of the global financial system, …
Global Finance Names KFH Best Islamic Financial Institution 2024
Kuwait Finance House (KFH), a powerhouse in Shariah-compliant financial services, has been awarded …
Muzn Islamic Banking Opens New Ibra Branch for Enhanced Service
In an exciting development for Oman’s financial sector, Muzn Islamic Banking, the dedicated Islamic …
Durham University and AlBaraka Forum Drive Islamic Finance Growth in the UK
Durham Centre for Islamic Economics and Finance and AlBaraka Forum sign historic
memorandum of …
Warba Bank Appoints Abdullah Fakhro as Executive Director for Sharia Management
KUWAIT CITY — In a strategic move aimed at enhancing its leadership in Islamic finance, Warba Bank …
Borong and Maybank Launch Malaysia’s First B2B Halal Marketplace
In a significant development for Malaysia’s halal industry, Borong, a leading wholesale …
AMB Connect Launches Malaysia’s First Shariah-Compliant ECF Platform
AMB Connect Sdn Bhd has officially launched its Islamic Equity Crowdfunding (ECF-i) platform, …
Islamic Banking as the Way Forward for Development in Indian-Occupied Kashmir
Imagine a financial system that not only aligns with your beliefs but also has the potential to …
ADIB Wins Best SME Bank in UAE Award
Abu Dhabi Islamic Bank (ADIB) has achieved a significant milestone by being recognized as the …
Revenue-Based Financing, A Viable Alternative To VC Funding
For many startups, securing funding is one of the most critical and challenging aspects of growth. …
Islamic Finance Industry Still Facing Shortages of Scholars, Trained Professionals
The Islamic finance industry has grown rapidly over the past few decades, evolving from a niche …
London to Host Key Islamic Finance Summit This Year
The 3rd AlBaraka Islamic Finance Summit will be held on October 26-27, 2024, at the London Marriott …
Abdul Halim Ismail, Father of Malaysian Islamic Banking, Dies
Datuk Dr. Abdul Halim Ismail, often referred to as the “Father of Malaysian Islamic …
Pakistani Senate Passes Bill to Boost Islamic Banking
The passage of the Banking Companies Amendment Bill 2024 by the Pakistani Senate marks a pivotal …
Riyadh Hosts 3rd Zakat, Tax & Customs Conference in December, 2024
The Third Zakat, Tax & Customs Conference, scheduled for December 4-5, 2024, in Riyadh, Saudi …
Demand For Islamic Finance Qualifications On The Rise
Over the past few years, Islamic finance has transitioned from a niche market to a significant …
Exploring Ethical Sukuk Market
The sukuk market, an essential segment of Islamic finance, provides a distinct form of investment …
Taking loan from So Called ‘Islamic Banks”
Taking a loan is a significant financial decision, and when considering Islamic banks, the choices …
Diving Into Islamic Forex Trading
The Forex market, where currencies are traded, is one of the largest and most liquid financial …
Innovative Approach in Islamic Finance: Hybrid Sukuk Issue
Islamic finance has come a long way since its inception, evolving from traditional structures to …
Why Islamic Banking Must be Wholeheartedly Embraced and Given Time to Develop?
The world of finance is constantly evolving, with new trends and alternative …
Top 7 Ways AI is Transforming the Islamic Finance Industry
Imagine a world where financial decisions are made in seconds, investments align seamlessly with …
Why Islamic Finance Is Set To Transform The Global Gold Market?
The landscape of global finance is undergoing significant changes, with Islamic finance emerging as …
Are Islamic Banks Adding Any Economic Value?
Islamic banking has rapidly expanded over the past few decades, reaching a projected global asset …
Why Non-Muslims Are Converting To Shariah Finance
In the rapidly evolving world of finance, an intriguing shift is unfolding—one that is drawing …
Is Blockchain Halal? These Islamic Finance Startups Upping The Ante
Blockchain, the digital ledger technology that underpins cryptocurrencies like Bitcoin and Ethereum, …
What Is Riba and Why Is It Forbidden in Islam?
Imagine being charged a fee just for needing money—whether it’s to buy a home, get an …
Islamic Finance Opens Up new Avenues For Investors
In today’s rapidly evolving global economy, more and more investors are seeking ethical and …
Top 7 Things You Need To Know About Islamic Banking In Britain
Have you noticed how people are looking for more ethical, transparent, and fair financial solutions …
Halal Hotels & Islamic Finance
In a world where travel and financial choices are increasingly influenced by cultural and religious …
Islamic finance 101: Debunking the Common Myths
Islamic Finance 101 has steadily gained prominence in the global financial ecosystem over the last …
ITFC and Central Bank of Nigeria Conclude Successful Islamic Banking and Trade Finance Workshops
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank …
CBB Sukuk Al-Salam Oversubscribed Amid Strong Investor Demand
In a remarkable display of investor confidence, the Central Bank of Bahrain (CBB) has revealed that …
Saudi Arabia Unveils October ‘Sah’ Sukuk Savings with 4.9% Returns
Saudi Arabia has recently introduced the Sah Sukuk Savings program for October, offering citizens an …
19th Kuala Lumpur Islamic Finance Forum 2024 Shaping Global Finance
The 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024 is gearing up to be one of the most …
What Is the State of the Islamic Finance Industry in the USA?
The Islamic finance industry in the USA has witnessed significant growth over the past two decades, …
Doha Summit Highlights GCC Ministers’ Cooperation on Islamic Affairs & Endowments
The 10th Gulf Cooperation Council (GCC) meeting of ministers responsible for Islamic affairs was …
NBK Wins “Global Best in Innovation” for Second Year
In a continued display of leadership and excellence, the National Bank of Kuwait (NBK) has once …
Can London Become A Global Hub For Islamic Finance Industry?
In recent years, London has positioned itself as a prominent player in the Islamic finance industry, …
What Is The State Of The Islamic Fintech Sector in GCC in 2024
The Islamic Fintech sector has been making significant strides in recent years, and nowhere is this …
Islamic Fintech-As-A-Service Model Soaring
The rise of Fintech has transformed the financial landscape, offering innovative solutions for …
Pak-Qatar Family Takaful CEO Waqas Ahmad Joins IAP Executive Committee
The Takaful industry in Pakistan has reached a pivotal milestone with the appointment of Waqas …
How Combining Zakat and Volunteering Makes a Greater Impact
In the realm of charitable giving, Zakat and volunteering are powerful forces that uplift …
How BSI Became a Top Global Islamic Bank
Jakarta-based PT Bank Syariah Indonesia Tbk (BSI) has just achieved a significant milestone: …
Zakat vs. Charity: Key Differences Every Muslim Should Know
Many people use the terms “zakat” and “charity” interchangeably, but in …
Dubai Islamic Bank’s 5th Cohort Empowers Future Leaders
Dubai, UAE – Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE and a prominent global …
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 …
What You Need To Know About Making A Takaful Claim?
Takaful, also known as Islamic insurance, has become increasingly popular among Muslims and …
Qatar’s Dukhan Bank $800M Sukuk Oversubscribed 3 Times
In a landmark achievement for Qatar’s Islamic finance sector, Dukhan Bank has successfully …
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 …
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 …
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 …
Mamun Wins Best Islamic Finance Startup at Themar Conference
Muscat, Oman – At the inaugural Themar Islamic Banking Conference and Excellence Awards 2024, Mamun, …
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 …
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) …
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 …
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 …
Is Crypto Halal in 2024? Islamic Scholars` View
Cryptocurrencies have taken the world by storm, with Bitcoin, Ethereum, and many other digital …
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 …
Islamic Development Bank Signs Strategic Agreement with Kazakhstan
In a significant move to bolster regional development and strengthen economic ties, the Islamic …
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, …
Malaysia Secures RM4 Billion Halal Industry Investment from China
Malaysia is set to receive a significant boost in halal industry investments from China, amounting …
Halal Mortgages Gain Popularity in America
The growth of Islamic mortgage options over the past two decades has revolutionized the path to …
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 …
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 …
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 …
How Islamic Finance is Driving Growth in Muslim-Friendly Travel
At the 4th World Islamic Tourism Conference (WITC), a compelling panel discussion titled “Islamic …
Arab Banking Conference 2024 drives sustainable development and financial innovation
The Arab Banking Conference 2024, held in Doha, recently concluded with great success, bringing …
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, …
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 …
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 …
HNB General Takaful Awarded ‘Takaful Window/Unit of the Year 2023/24’
HNB General Takaful, the Islamic insurance division of HNB General Insurance, has garnered …
Islamic Mortgages in the UK 2024: Best Rates, Top Providers, and Alternatives
The Islamic mortgage in the UK market has evolved significantly over the past few years, making it …
Islamic Bank Deposits Continue to Grow Despite Ongoing Irregularities
Islamic Bank deposits in Bangladesh continue to exhibit resilience and growth, even as several major …
Effective Management of Islamic Social Funds Key to Poverty Alleviation
Islamic social funds are emerging as a crucial tool in the fight against poverty in Indonesia. Vice …
Malaysia’s Islamic Finance and Halal Expertise Attracts Russia’s Interest, Says Anwar
KUALA LUMPUR – Malaysia’s renowned expertise in Islamic banking and its burgeoning halal industry …
Sharia Finance Key to Enhancing Indonesia’s Economic Productivity
Indonesia, the world’s largest Muslim-majority country, has been leveraging Islamic finance to …
10 Haram Jobs Muslims Should Avoid for Halal Income
Imagine this: A friend of mine, who recently converted to Islam, came to me with a dilemma. He had …
How to Avoid Haram Money in Today’s Global Economy
In today’s fast-paced world, where business and investments move across borders in the blink of an …
What Does an Islamic Finance Advisor Do?
You know, Islamic finance is gaining a lot of traction in today’s financial markets, and it’s not …
Union Bank PLC Names Md Fariduddin Ahmed as Chairman to Boost Islamic Finance
Union Bank PLC, a key player in the Islamic finance sector, is embarking on a transformative journey …
Waafi Bank Partners with Bank of London for UK Services
In an ambitious move that has the potential to reshape the landscape of Islamic banking in the UK, …
Eastern Bank Launches Islamic Banking in Bangladesh
In a major development for the financial sector in Bangladesh, Eastern Bank has officially launched …
What is the Best Islamic Wealth Secret?
You know, we often think that piling up wealth is the ultimate marker of success, right? But …
Islamic Development Bank Opens Two New Hospitals in Indonesia
On August 31, 2024, Indonesia reached a significant milestone in its healthcare sector with the …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche …
London Stock Exchange Marks Warba Bank’s Sustainable Sukuk Issuance
Warba Bank, a leading Islamic financial institution in Kuwait, has once again demonstrated its …
Abu Dhabi Finance Week 2024: 50 Events Coming in 100 Days
Abu Dhabi Finance Week (ADFW) is set to return for its third edition, promising to be a landmark …
Best Financial Advice for Muslims in Their 20s
Managing your finances in your 20s can be pretty overwhelming, especially when you’re trying …
How to Save Money the Japanese Way: Mastering the Art of Kakeibo
In today’s world, where the pull of consumerism is stronger than ever, it can be challenging to …
Banque Saudi Fransi Raises $800M with Riyal-Denominated Sukuk Offering
In a strategic move that underscores its robust financial foresight, Banque Saudi Fransi (BSF) has …
Top 4 FinTechs Pioneering Sharia-Compliant Investments in the UK
As the global Islamic finance market continues its rapid growth, with projections estimating it will …
Amana Bank Sri Lanka Named Best Islamic Bank in South Asia
Amana Bank has recently been adorned with the prestigious title of ‘Best Islamic Bank in South Asia …
Maldives Hosts Global Islamic Finance Summit 2024
The Islamic finance industry is witnessing an unprecedented surge in interest. It is driven by its …
Can the UK Become A Leading Western Hub for Islamic Finance?
The United Kingdom has long been recognized as a pivotal player in the global Islamic finance …
Qatar Stock Exchange Opens Strong with Realty and Industrials Leading Market Gains
The Qatar Stock Exchange (QSE) opened the week on a positive trajectory, with its key index …
Maybank Becomes First Commercial Bank to Offer Islamic Banking in the Philippines
Maybank Islamic Banking has recently made headlines by becoming the Philippines’s first private …
What is Murabaha? Understanding the Key Islamic Financing Method
Murabaha is one of the most prominent concepts in Islamic finance, often used in various financial …
The Truth About Islamic Banking: Debunking the Top 10 Myths and Misconceptions
Islamic banking has rapidly gained traction as a strong alternative to conventional financial …
2025 IsDB Prize Nominations Open: Honoring Excellence in Islamic Economics
The Islamic Development Bank Institute (IsDBI) is excited to announce the opening of nominations for …
Muhammad Rafe Appointed CEO of MBSB Bank Starting August 19, 2024
MBSB Bank Bhd, a leading entity in Malaysia’s Islamic finance sector, has recently made …
Top 10 Islamic Banks Worldwide: Leading Institutions for Islamic Finance in 2024
Islamic banking has experienced remarkable growth in recent decades, establishing itself as a …
How Islamic Banks Are Navigating Financial Strain to Maintain Dividend Payments
In a dramatic turn of events, cash-strapped Islamic banks under the S Alam Group in Bangladesh have …
How Malaysia’s Fintech Boom is Reshaping Southeast Asia
Malaysia’s fintech boom is not just a national trend—it’s a transformative force sweeping …
Ilhan Omar Wins Primary as ‘Squad’ Members Cori Bush and Jamaal Bowman Lose
WASHINGTON — Rep. Ilhan Omar, D-Minn., emerged victorious in her primary election on Tuesday, …
Albaraka Turk Launches MTN Sukuk Program with a Cap of $1 Billion
In a significant development for the Islamic finance sector, Albaraka Turk, a trailblazer in …
Takaful Islami Holds 24th Annual General Meeting Virtually
Takaful Islami Insurance Ltd hosted its 24th Annual General Meeting (AGM) through an innovative …
BML Showcases Islamic Housing Financing Solutions at Living Expo
The Bank of Maldives (BML) is making a significant impact at the ongoing Living Expo, held at …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides …
How Sharia-Compliant Banking and Digital Identity are Advancing in Kenya and Somalia
Africa’s financial and digital landscapes are experiencing a remarkable transformation, driven …
How Blockchain Can Enhance Islamic Finance by Overcoming Barriers
Blockchain technology is making waves in the financial sector with its promise of transparency and …
RAM Ratings Affirms A2/Stable/P1 Rating for Bank Muamalat
RAM Ratings has reaffirmed Bank Muamalat Malaysia Berhad’s (Bank Muamalat) financial institution …
Amana Takaful Mobile App Wins Insurance Asia Award
Amana Takaful Insurance, a prominent player in Sri Lanka’s insurance landscape, has achieved a …
PSX Set to Auction Rs. 100 Billion Sukuk on August 15
The Pakistan Stock Exchange (PSX) is preparing for a significant financial event with its 12th Sukuk …
Indian Muslims Demand Immediate Withdrawal of Controversial Waqf Bill
New Delhi- A chorus of disapproval has emerged from leading Muslim organizations regarding the …
Menara Syariah and INCEIF Collaborate on Sustainable Waqf and Climate Investments
On August 8, 2024, Menara Syariah and INCEIF University co-hosted a landmark symposium focused on …
Qatar Awqaf Inaugurates New Sheikha Moza Bint Fahd Al Thani Mosque
The Ministry of Endowments (Awqaf) and Islamic Affairs has recently celebrated the opening of a new …
Dr. Muneeza Appointed to Shariah Committee at Maldives Islamic Bank
In a notable development for the Islamic finance sector, Dr. Aishath Muneeza has been appointed to …
Qatari Awqaf Ministry Completes 1st Summer Course at Al Noor Learning Center
Doha, Qatar — The Department of Da’wah and Religious Guidance at the Ministry of Awqaf and Islamic …
How to Get a Small Business Loan the Halal Way
Imagine this: You have a groundbreaking business idea and a well-thought-out plan poised for …
Saudi Minister Chairs Islamic World Conference on Endowments
On August 3, 2024, Makkah, the spiritual heart of Saudi Arabia, hosted the 14th executive council …
BIBDS Launches Shariah-Compliant REIT Fund
BIBD Securities Sdn Bhd (BIBDS), a wholly-owned subsidiary of Bank Islam Brunei Darussalam (BIBD), …
Qatar Islamic Fintech Market Projected to Reach $4 Billion by 2027
Qatar Islamic Fintech market is on a robust growth trajectory, with projections indicating it will …
5 Surprising Challenges Islamic Banking in Bangladesh Will Face in the Next Decade
Islamic banking has established itself as a significant player in Bangladesh’s financial …
Saudi Arabia to Boost Investments in Egypt
In a landmark development for regional economic cooperation, Saudi Arabia has unveiled a …
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 …
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 …
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 …
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, …
Global ESG Sukuk Market Grows Strongly in Early 2024; Fitch Forecasts Q3 Slowdown
The global ESG sukuk market has experienced substantial growth in the first half of 2024, with a …
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, …
ITFC and Tajikistan’s Ministry Launch Islamic Trade Finance Workshops
The International Islamic Trade Finance Corporation (ITFC), a key entity within the Islamic …
Uzbekistan Approves Islamic Finance Services for Microfinance Institutions
August 2024 – In a significant move for the financial sector, Uzbekistan has officially approved the …
Securities Commission Malaysia Launches 2nd Shariah Mentorship Program for ICM Talent
The Securities Commission Malaysia (SC) has officially launched the second cohort of its Shariah …
Qatar Islamic Bank, Qatar Airways Add New Features to Co-Branded Cards
Doha—In an exciting development for travelers and credit card enthusiasts alike, Qatar Islamic Bank …
IFIC Bank Launches ‘IFIC Islamic’: Innovative Solutions for Shariah-Compliant Banking
IFIC Bank PLC has proudly unveiled ‘IFIC Islamic’, its new comprehensive suite of …
Moody’s Reaffirms QIIB’s A2/Prime-1 Rating with Stable Outlook
Doha: In a significant development for Qatar’s financial sector, Moody’s Investors Service has …
Bank Nizwa Highlights Waqf Significance and Hosts Workshop on Endowments
Muscat: Bank Nizwa, the leading Islamic bank in Oman, has taken a significant step towards enhancing …
Makkah Hosts 9th Conference of Muslim World Awqaf and Islamic Affairs Ministers
Riyadh Makkah is set to host the 9th Conference of Ministers of Awqaf and Islamic Affairs on August …
Fauziah Hisham Becomes Etiqa’s First Female Chairperson
In a groundbreaking development, Etiqa Group has appointed Fauziah Hisham as its new chairperson, …
Funding Societies Allocates $64.22M in Islamic Financing to Malaysian MSMEs
Funding Societies, a leading Singapore-based digital finance platform, has reached a significant …
DIBPL and ZLK Islamic Financial Services Partner to Boost Shariah-Compliant Financial Access
In a strategic initiative to broaden Shariah-compliant financial access, Dubai Islamic Bank Pakistan …
Maybank Leads RM4B Sukuk for Sarawak Petchem Plant
Maybank has announced its significant role in financing and providing hedging facilities for Sarawak …
Nigeria’s First Sukuk Bond of N100 Billion Set to Mature in September 2024
Nigeria’s first Sukuk bond, valued at N100 billion and issued on September 26, 2017, is set to …
Faysal Bank Projects Earnings to Double in Three Years
We are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. …
Moody’s Reaffirms IsDB’s ‘AAA’ Rating
The Islamic Development Bank (IsDB) has once again demonstrated its financial prowess, securing a …
Pakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–25
The Central Directorate of National Savings (CDNS) is aiming high for the 2024-2025 fiscal year with …
Growing Demand and Key Challenges in Australia’s $2 Billion Islamic Finance Market
Australia’s Islamic finance sector, poised for significant growth, serves a vibrant and young …
Samaiden Launches RM1.5b Sustainability Sukuk for Renewable Energy Growth
Kuala Lumpur. Samaiden Group Berhad has launched an impressive RM1.5 billion multi-currency …
Binghatti Sukuk Tap Achieves 420% Oversubscription
In a striking development in the finance sector, Dubai’s prominent real estate developer, …
UAE’s Debt Market Rises 11.8% to $281Bn in H1, 71.5% Dominated by US Dollars
The UAE’s debt market has demonstrated remarkable strength and expansion, growing by 11.8% to …
Fitch Affirms ‘A’ Rating for Qatar International Islamic Bank with Stable Outlook
Fitch Ratings, a leading global credit rating agency, has recently reconfirmed the Long-Term Issuer …
PPZ-MAIWP’s ‘Jom Potong 2024’ Campaign Aims for RM90 Million Zakat via Salary Deductions
The Federal Territories Islamic Religious Council – Zakat Collection Centre (PPZ-MAIWP) has …
Islamic Banks Constitute 21% of UAE’s Gross Domestic Credit in the UAE
KUALA LUMPUR: The UAE banking industry has shown remarkable growth in 2024, with Islamic banks …
World’s First Zakat Index Launched by Bursa and Pribumi in Malaysia
KUALA LUMPUR: In a pioneering initiative, Bursa Malaysia and Persatuan Remisier Bumiputera Malaysia …
Sukuk Issuance Reaches $91.9 Billion in H1 2024, Reports S&P
In the dynamic arena of Islamic finance, the sukuk market is witnessing substantial growth, with …
Indonesian Vice President Amin Inaugurates Zakat National Conference
Jakarta is set to host the significant 10th Zakat National Conference at the Vice Presidential …
Egypt Expands Takaful & Karama Cash Support to 73,000 More Families
Egypt is enhancing its commitment to social welfare through the expansion of the Takaful and Karama …
Hasan.VC Hosts Halal Startup Showcase in Kuala Lumpur, Highlighting Ethical Innovation
HASAN.VC proudly hosted its Halal Startup Showcase at the Securities Commission Malaysia building in …
SAMA Regulations Enhance Transparency in Saudi Islamic Banking
The Saudi Central Bank (SAMA) has rolled out a series of regulations from 2020 to mid-2024 that have …
PSX Appoints Meezan Bank as First Market Maker for GOP Ijarah Sukuk
The Pakistan Stock Exchange (PSX) has taken a major step forward by inducting Meezan Bank as the …
Al-Arafah Islami Bank Hosts ‘Business Development Conference’ to Foster Growth
Al-Arafah Islami Bank recently hosted its half-yearly “Business Development Conference …
Muslims in Lagos Launch Ibile Zakat Initiative to Combat Poverty
In a significant effort to alleviate poverty among Muslims in Lagos State and across Nigeria, …
BoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar
PESHAWAR: The Bank of Khyber (BoK) has made a groundbreaking move by opening the first women-centric …
Takaful Islami Insurance Holds 3rd Investment Committee Meeting
On July 9, 2024, Takaful Islami Insurance Limited hosted its pivotal 3rd Investment Committee …
BIBF and IsDBI Offer Risk Management Training for Islamic Financial Institutions
The Bahrain Institute of Banking and Finance (BIBF) and the Islamic Development Bank Institute …
NBO Muzn Islamic Banking Ensures Financial Security with Bancatakaful Products
MUSCAT – NBO Muzn Islamic Banking, a division of the National Bank of Oman, is redefining financial …
AFFIN Bank & ACI Worldwide Transform Payment Solutions for Malaysian Businesses
AFFIN Bank has unveiled a strategic partnership with ACI Worldwide, a global leader in real-time …
Offa Launches Modern, Paperless Buy-To-Let Finance, Revolutionizing Islamic Fintech
Offa, the UK’s pioneering Sharia-compliant bridge finance fintech, has introduced a …
Sharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai
Nasdaq Dubai has proudly announced the listing of a $500 million Sukuk by Sharjah Islamic Bank …
Muhammad Taqi Usmani Advocates for Innovative Sukuk Strategies
Sukuk’s transformative potential goes far beyond simply bridging budgetary deficits; it serves …
Top 4 Sharia-Compliant Investment Platforms for Ethical Investing in the UK
Sharia-based investing aligns financial activities with Islamic ethical and moral principles, making …
IILM Reissues $940 Million in Short-Term Sukuk Across 3 Series
KUALA LUMPUR — In a significant move reflecting the strong demand and growing investor confidence in …
Azimut Egypt Debuts “Azinvest” Following Fintech License Approval
Azimut Egypt has revolutionized the asset management industry with the launch of its fully digital …
FABMISR Egypt Establishes Sharia Supervisory Committee for Islamic Banking
FABMISR, one of Egypt’s leading banks, has announced the formation of a new Internal Sharia …
Qatar’s Awqaf Ministry Launches Inaugural Al Raqim Arabic Calligraphy Competition
Qatar has enriched its cultural heritage by introducing the first-ever Qatar International Arabic …
Are Stocks Haram or Halal in Islam?
For centuries, stock trading has been a cornerstone of global financial markets, offering …
Malaysia Dominates the Global Islamic Finance Sector
Malaysia continues to shine as a top jurisdiction for Islamic finance, according to Fitch Ratings. …
S&P Upgrades Kapitalbank to B+ Amid Digital Growth and Market Leadership
Kapitalbank, Uzbekistan’s largest private lender, has announced an upgrade in its long-term …
How Islamic Derivatives Are Transforming Risk Management in Muslim-Majority Countries
The demand for Sharia-compliant risk management tools, specifically Islamic derivatives, is …
Affin Bank to Launch Islamic Digital Asset Fund
KUALA LUMPUR: Affin Bank Bhd is making headlines with its plan to distribute the Islamic version of …
Oman’s EDO Sells Second Dollar Sukuk
State-owned Energy Development Oman (EDO) has successfully issued its second dollar sukuk, raising …
BIBD and Lion Global Unveil Singapore’s First Islamic Liquidity Fund
Lion Global Investors (LGI) of Singapore and BIBD Securities of Brunei Darussalam have teamed up to …
Pioneering Ethical Property Finance: An Interview with Ikhlas Finance Australia (IFA)
In an insightful and exclusive interview, Dr. Mohammad Moniruzzaman, the CEO of Ikhlas Finance …
Islami Bank Surpasses Sonali Bank as Largest Lender by Deposits
Islami Bank Bangladesh PLC has reached a remarkable milestone by becoming the largest lender in the …
Abu Dhabi Islamic Bank Partners with Silent Eight for Compliance Automation
Abu Dhabi Islamic Bank (ADIB), a leader in the Islamic finance industry, has embarked on a …
Dubai Takaful Emarat Announces Dh185 Million Capital Increase
Takaful Emarat Insurance Company, a key player in the UAE’s insurance market, recently …
PACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+
In a major milestone for MCB Islamic Bank, the Pakistan Credit Rating Agency Limited (PACRA) has …
NDMC Concludes June Sukuk Issuance at SAR 4.4 Billion
The National Debt Management Center (NDMC) announced on June 25 the successful closure of its June …
Egypt’s Islamic Banking Transactions Hit $14.5 Billion in March 2024
By the end of March 2024, Egypt’s Islamic banking sector reached a significant milestone, with …
Fitch Assigns ‘BBB’ Rating to Indonesia’s Proposed USD Sukuk
In a significant update, Fitch Ratings has assigned a ‘BBB’ rating to Indonesia’s …
Gulf Bank Reaffirms Commitment in Regional Capital Markets at 2024 Middle East Bonds & Sukuk Conference
Gulf Bank has made a significant move to strengthen its influence in regional capital markets by …
Oman Energy Development Announces 7-Year Sukuk Offering
State-owned Energy Development Oman (EDO) is gearing up for a major financial initiative with the …
Islamic Banking in Egypt Hits EGP 701bn in March 2024
A recent report by the Egyptian Islamic Finance Association (EIFA) highlights the significant growth …
Which Country is Winning the Race to Become the Islamic Fintech Hub?
The competition to become the global hub for Islamic fintech is heating up, with Malaysia, Saudi …
BankDhofar Empowers Women with Dedicated Ladies Banking
BankDhofar, a leading financial institution in the Sultanate of Oman, reaffirms its dedication to …
Eid al-Adha Initiative: Awqaf SA and Diyanet Support Kimberley NGOs
In a remarkable effort to alleviate hunger and support local NGOs, the non-governmental organization …
Sharjah Islamic Bank – Credit Ratings Affirmed
In a notable update, Capital Intelligence Ratings (CI Ratings) has reaffirmed the Long-Term Foreign …
Grow Your Wealth the Halal Way with Islamic Mutual Funds
Practicing Muslims frequently encounter challenges when trying to invest their lifelong savings due …
SBP Directs IBI To Adopt New AAOIFI Shariah Standards
Karachi: The State Bank of Pakistan (SBP) has issued a directive for the adoption of two crucial …
AEON Bank’s Islamic Digital Bank Expected to Break Even in Five Years
KUALA LUMPUR— Aeon Bank (M) Bhd is making waves in the digital banking sector with its new Islamic …
Top UK Banks Offering Islamic and Halal Mortgages
In the UK, the interest in Islamic mortgages is on the rise among Muslims looking for home financing …
How Islamic Banks Thrive Without Charging Interest—Winning Over Non-Muslim Customers
Conventional finance, with its reliance on loans, mortgages, and interest payments, is essential for …
7 Must-Buy Debt-Free Halal Stocks Right Now
Investing in Halal stocks has become increasingly popular among Muslim investors who wish to align …
Halal Investing in Canada: Your Complete Guide
Investing according to Islamic principles, or Halal investing, is becoming increasingly significant …
Kazakhstan Set to Develop Halal Market
From June 4 to 12, over 100 certification and accreditation specialists from Kazakhstan attended a …
Has the De-Dollarization Process Already Started?
In recent years, the global financial landscape has undergone significant shifts, prompting the …
Who is Ineligible to Receive Zakat?
Zakat, one of the Five Pillars of Islam, is a form of almsgiving and religious obligation for …
ADIB Reaches 1 Million Users on Its Mobile Banking App
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has recently celebrated a …
How Does Zakat Cleanse Your Wealth?
In the tapestry of life, wealth often occupies a central square. Yet, amid the hustle to accumulate, …
Datuk Mohammad Faiz Azmi Appointed Executive Chairman of SC Malaysia
The Ministry of Finance (MOF) has announced the appointment of Datuk Mohammad Faiz Azmi as the new …
Bangladesh Hosts Shariah Audit Training for Islamic Banks
The five-day training course on “Shariah Audit of Islamic Banking Operations,” jointly organized by …
Pak-Qatar Family Takaful Announces Waqas Ahmad as New CEO
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Shariah-compliant Family Takaful …
How to Pay Zakat in the Age of Inflation?
Paying zakat is a fundamental pillar of Islam, essential for purifying wealth and providing support …
CBB’s Sukuk Al-Ijara Oversubscribed by 323%
MANAMA, (BNA): The Central Bank of Bahrain (CBB) has announced a remarkable achievement: the latest …
CSBIB and BIBM Host Seminar on Islamic Banking in Dhaka
The Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) and the Bangladesh Institute of …
Qatar’s Islamic Finance Assets Reach QR656bn in 2023, Reports Bait Al Mashura
Islamic finance assets in Qatar experienced significant growth in 2023, rising by 3.3% year-on-year …
Why Japan Struggles to Develop a Home-Grown Islamic Finance Industry
Islamic finance, governed by Sharia (Islamic law), prohibits interest (riba) and promotes …
When Should I Pay Zakat – Zakat Due Date?
Zakat, one of the Five Pillars of Islam, is a form of almsgiving and religious tax that requires …
Amana Bank Receives Global Acclaim Again at World’s Best Bank Awards
Amana Bank has once again earned the prestigious title of ‘Sri Lanka’s Best Islamic Finance …
AM Best Reaffirms Credit Ratings of Qatar Islamic Insurance Group Q.P.S.C.
In the vibrant landscape of the global insurance market, the Qatar Islamic Insurance Group Q.P.S.C. …
Capital Markets Authority in Kuwait Approves Warba Bank’s $750M Sukuk Proposal
Warba Bank of Kuwait has received the green light from the Capital Markets Authority for a …
IsDBI and CIBAFI Join Forces to Propel Sustainable Development via Islamic Finance
In a significant move to advance Islamic finance and foster sustainable development, the Islamic …
Scholarly Perspectives on Zakat in the Modern World
In the vast ocean of Islamic jurisprudence, Zakat sails as one of the five pillars, guiding Muslims …
Dubai-Listed Ascana Rebrands to Sukoon Takaful Following Stake Sale
In a significant development within the insurance sector, the Dubai-listed Arabian Scandinavian …
Innovations in Islamic Finance: Meeting the Growing Demand in the GCC
Islamic finance faces significant challenges in developing innovative products and services that …
UAE Islamic Banks’ Assets Exceed $195 Billion
The Islamic banking sector in the UAE is witnessing remarkable growth, with assets now surpassing …
How Shariah-Compliant is Islamic Banking?
Islamic banking has garnered significant attention globally, especially among Muslim communities …
Saudi Fund Governor Highlights Islamic Finance’s Capacity to Nurture Ecosystems
In a compelling address at the 18th Islamic Development Bank Global Forum on Islamic Finance, Dr. …
Top 8 Islamic Financial Planning Tips for Disabled Individuals
Navigating life with a disability can present unique challenges, particularly when it comes to …
Can Islamic Finance Challenge Traditional Banking?
In the dynamic world of finance, the rise of Islamic finance presents an intriguing question: Can …
Is the Gap Between the Rich and Poor Muslim Countries Widening?
The economic disparity between rich and poor Muslim countries has been a subject of increasing …
A Guide To Managing Your Personal Finances the Halal Way
When it comes to managing your finances the halal way, one of the most crucial aspects is ethical …
Islamic Banking Growth in Bangladesh Stalls: Fitch Report
The Islamic banking market in Bangladesh is facing significant liquidity challenges, making it more …
HASAN Sets Stage for Halal VC Fund and Accelerator Launch in 2024
HASAN, an integral part of the Ethis Group, has launched its venture capital and accelerator program …
Global Forum on Islamic Economics 2024: Building a Resilient Islamic Economy
The Ministry of Finance and Bank Negara Malaysia (BNM) are gearing up to host the “Global …
Halal Car Finance: Expanding Diversity and Choice in the UK Vehicle Financing Market
Halal Car Finance: Driving Diversity and Choice in the UK Vehicle Financing Sector” highlights …
IsIslamic Finance 2024-2025: Resilient Growth Forecast Despite Challenges
As the global Islamic finance industry continues to evolve, it’s marked by robust growth and …
Women and Zakat: Roles, Responsibilities, and Rights
Welcome to an exploration of the intersection of women’s empowerment and the Islamic practice …
12th IsDB Private Sector Forum in Riyadh Sees $6.5 Billion in Agreements
The 12th Private Sector Forum, orchestrated by the Islamic Development Bank (IsDB) Group, recently …
Abu Dhabi National Takaful Company Honored as ‘Takaful Company of the Year
Abu Dhabi National Takaful Company wins the prestigious “Takaful Company of the Year” …
BILIF Wins Top Honors at 3G Awards for Education and HR Development
The Brunei Institute of Leadership and Islamic Finance (BILIF) recently stood in the spotlight of …
Islamic Wealth Management Industry Evolves with Market Trends
KUALA LUMPUR — The Islamic wealth management industry is on the brink of significant transformation …
Islamic Finance Forum Promotes Capital Markets for Sustainable Growth
The Global Forum of Islamic Economics and Finance (GFIEF) 2024 recently hosted a dynamic panel …
Seminar on Social Security System and Islamic Finance Held in Tokyo
Tokyo, June 2, 2024 – A seminar on the social security system in Japan and the principles of Islamic …
Is There any Difference Between Quranic Finance and Islamic Finance?
Islamic finance has grown significantly as an ethical alternative to conventional financial systems, …
Bank Aljazira Boosts Stake in Aljazira Takaful with Strategic Acquisition
Bank Aljazira announced a significant move to strengthen its position in the insurance market by …
Philippines Targets Four Key Sectors for Investment Growth
The Philippines is targeting four key investment sectors to attract Brunei’s business leaders, …
UAE Islamic Banking Assets Surge by AED86 Billion in 12 Months
The Islamic banking sector in the UAE has experienced remarkable growth in Islamic bank assets, with …
Qatar Central Bank Issues QR 1.5 Billion in Treasury Bills and Islamic Sukuk
Doha, – In a significant move to bolster its financial markets, the Qatar Central Bank (QCB) …
Afghanistan Central Bank Joins Global Islamic Economics Forum in Malaysia
The Afghanistan Central Bank, also known as Da Afghanistan Bank, has recently sent a delegation to …
BML Islamic Introduces First-Ever Shari’ah-Compliant Credit Card
BML Islamic (the Islamic banking window of the Bank of Maldives) has introduced the first-ever …
Aeon Bank Officially Launches Malaysia’s First Islamic Digital Bank
Aeon Bank (M) Bhd has officially launched Malaysia’s first Islamic digital bank, marking a …
Which Halal Investment Platform Has the Lowest Fees?
Investing in a manner consistent with Islamic principles is a growing priority for many Muslims …
Zakat Authority in Hodeida Launches Code of Conduct Training Program
A pivotal training program focusing on the Code of Conduct was recently launched for the Zakat …
Faisal Islamic Bank’s Business Volume Up 31% YoY in April
Amidst a rapidly evolving financial landscape, Faisal Islamic Bank of Egypt (FAIT) stands out with a …
Zurich Takaful and AEON Bank Unite to Advance Inclusive Islamic Finance
In a significant move to advance financial inclusion in Malaysia, Zurich Takaful Malaysia has …
Istanbul Hosts Inaugural AlBaraka Summit Focused on Islamic Finance
Istanbul is rapidly positioning itself as a significant hub for Islamic finance, drawing global …
Sharjah Islamic Bank Joins Haifin to Boost Fraud Prevention and Digital Transformation
In an ambitious move to bolster fraud prevention and accelerate digital transformation within the …
Bank Nizwa Collaborates with Endowment Institutions to Boost Waqf Projects
Muscat: In a strategic move to bolster the Islamic financial sector in Oman, Bank Nizwa, the leading …
ICB Islamic Bank Faces Challenges in Repaying Depositors
ICB Islamic Bank, which emerged from the collapse of Oriental Bank in 2008, is currently grappling …
ICD and JSC Ziraat Bank Collaborate to Boost Uzbekistan’s Private Sector
At the 3rd Tashkent Investment Forum, the Islamic Corporation for the Development of the Private …
HAQQ Network Advances Islamic Web3 with Gold Token and Real-World Assets
HAQQ Network Expanding Islamic Web3 Initiative With Gold Token and RWA” has taken a …
The Expat’s Roadmap to Real Estate Investments in the UAE
The United Arab Emirates (UAE) has emerged as a prime destination for expatriates seeking prosperous …
Which are the Best Islamic Banks of 2024?
In the transformative landscape of global banking, Best Islamic Financial Institutions 2024 have …
Afghanistan and Iran Officials Talk Economic Ties and Support for Returning Refugees
KABUL – In a significant diplomatic engagement, Qari Deen Mohammad Hanif, the Acting Minister of …
BI Partners with MUI to Enhance Digitalization in the Sharia Financial Sector
(JAKARTA –In a strategic move to bolster the Islamic finance sector, Bank Indonesia (BI) has …
Indonesia’s Modest Fashion Takes Center Stage at Kuala Lumpur’s IN2MF
In the bustling city of Kuala Lumpur, the latest edition of the Indonesia International Modest …
Shahjalal Islami Bank Inks MoU with Islamic Corporation for Private Sector Development
In a significant stride towards advancing Islamic finance, Shahjalal Islami Bank PLC has recently …
Top 4 Islamic Banks Providing Digital Banking Solutions in the UK
Islamic banking, or Sharia-compliant banking, is revolutionizing the UK’s ethical finance …
Najman Isa Named CEO of RHB Islamic International Asset Management
RHB Islamic International Asset Management Bhd (RHBIIAM) has announced the appointment of Mohd …
Ajman Bank Appoints Hodges as New Group Treasurer
Ajman Bank, a frontrunner in Islamic banking within the UAE, recently announced the appointment of …
Amana’s Strategic Overhaul Skyrockets MENA Trading Volumes by 190%
Dubai —In a bold move to transform the financial landscape of the Middle East and North Africa …
Are Prize Bonds Halal?
Imagine you’re sitting with a group of friends, and the topic of investing comes up. Someone …
What is Microtakaful and How Does It Work?
In recent years, the concept of microtakaful has emerged as a significant development in Islamic …
IsDB Encourages Member Countries to Foster Ethical Entrepreneurial Leaders for Sustainability
In a compelling statement delivered from Riyadh, Dr Muhammad Al-Jasser, the Islamic Development Bank …
HDC Partners with IsDB and HPDC to Open New Markets for Malaysian Halal Players
In a significant stride towards global integration, Malaysia’s halal sector has received a …
Emirates Islamic First in Region to Offer Fractional Sukuk to Investors
Emirates Islamic has distinguished itself as the pioneering Islamic bank in the region to offer …
Sustainable Sukuk Market Guidance Launched by ICMA, IsDB, and LSEG
In a landmark collaboration, the International Capital Market Association (ICMA), the Islamic …
IsDB Forecasts $15 Trillion Needed by 2040 for Global Sustainable Infrastructure
At the Islamic Development Bank’s (IsDB) 2024 Annual Meetings in Riyadh, President Dr. …
Salaam Bank Uganda Wins ‘Best New Islamic Bank’ Award
KAMPALA – Why did Salaam Bank Uganda win ‘Best New Islamic Bank’ at the IFN Awards? As a …
IsDB President Advocates for Cultivating Entrepreneurial Leaders
The 18th Global Islamic Finance Forum recently served as a prominent platform for discussions on …
What is the Role of Mosques in Zakat Collection and Distribution?
In the heart of Islamic communities, mosques stand not just as places of worship but as beacons of …
How Does Political Instability Impact Global Islamic Finance? Top 10 Insights
In today’s interconnected world, political instability significantly affects various sectors, …
Top 10 Halal Investment and Savings Tips for Seniors
Investing and saving in a manner that aligns with Islamic principles can be a fulfilling but complex …
Top 5 Tips for Parents on Teaching Kids Islamic Finance Effectively
In today’s world, financial literacy is a crucial skill that every individual needs to manage …
Top 5 Insights into Gharar and Its Impact on Your Financial Transactions
Understanding the concept of Gharar and its implications is crucial for anyone engaged in financial …
Top 5 Pros and Cons of Islamic Banking in 2024 for Investors
Islamic banking, with its unique ethical framework and principles, has gained significant traction …
Top 5 Ways Islamic Finance Can Boost Charitable Giving Through Zakat and Sadaqah
Charitable giving is a cornerstone of many cultures and religions around the world, but it holds a …
Top 5 Steps to Start an Islamic Investment Club in 2024
As you contemplate the launch of an Islamic investment club in 2024, you are poised to embark on an …
Top 5 Key Strategies to Unlock Agricultural Financing with Salam Contracts in 2024
Welcome to the age of innovation in agricultural financing! As farmers and agribusinesses continue …
Top 10 Insights into Islamic Finance Debt – Your Complete 2024 Guide
In the evolving landscape of global finance, Islamic finance continues to stand out, not only for …
Top 10 Strategies to Build Your Halal Investment Portfolio in 2024
In the dynamic world of finance, aligning your investment strategies with your ethical and religious …
What is a Waqf and How Does It Work?
In the tapestry of charitable practices worldwide, Waqf stands out as a unique and enduring …
What is Islamic Social Finance: A Comprehensive Guide
The surge in demand for ethical and socially responsible investments has never been more apparent. …
How Islamic Social Finance Contributes to Poverty Alleviation
The global Islamic economy has burgeoned to an impressive $2.29 trillion in 2023. A significant part …
Top 10 Key Differences in Islamic Finance Schools of Thought Every Investor Must Know
Islamic finance has seen a significant rise in popularity and acceptance around the globe, providing …
How Not To Invest in the Sukuk Market
Investing in Sukuk, or Islamic bonds, offers an enticing opportunity for investors seeking ethical …
How to Manage Liquidity: Proven Strategies in Islamic Finance
Navigating liquidity management in Islamic finance can often seem like a daunting task. Unlike …
Professor Asutay Receives 2024 IsDB Islamic Economics Prize
Professor Mehmet Asutay has been honored with the prestigious 2024 Islamic Development Bank (IsDB) …
5 Essential Islamic Finance Tips: How Single Parents Can Save and Budget Better
Navigating the financial landscape as a single parent can be challenging, but integrating principles …
100 Quick FAQs on Islamic Banking and Finance – Your Ultimate Guide
Welcome to your comprehensive guide on Islamic banking and finance! In this article, we’ll …
Top Halal Beauty Investments: Unlock Lucrative Opportunities in the Industry
The world of investments is vast and varied, offering numerous avenues to grow your wealth. For …
HLISB Introduces BizHalal To Support SMEs in the Global Halal Market
In a significant move to empower Small and Medium Enterprises (SMEs) navigating the lucrative global …
Canada To Launch ‘Halal Mortgage’ For Muslim Homebuyers
In a move to make home ownership more accessible to all Canadians, including those adhering to …
How Scholarly Insights Are Transforming Islamic Finance Practices
In the dynamic world of finance, Islamic finance practices stand out, not just for their adherence …
How to Use Islamic Finance for Higher Education – A Comprehensive Guide
Navigating the world of higher education funding can be a daunting task, especially when looking for …
How to Grow Your Wealth with Halal Investment Tips for 2024?
In the ever-evolving finance sector, making investment decisions that align with your ethical and …
How to Invest in Gold According to Islamic Finance Rules?
Investing in gold has been a favored strategy for preserving and growing wealth throughout history. …
5 Ways Islamic Finance Can Help Solve Global Economic Crises
In today’s interconnected world, economic crises often ripple across borders, affecting both …
Ultimate Guide to Sharia-Compliant Travel and Lifestyle Financing with Tips for 2024
Navigating the financial landscape can be tricky, especially when you want to adhere to ethical …
Comprehensive Buyer’s Guide to the Best Islamic Financial Products for 2024
Are you considering investing in Islamic financial products but aren’t sure where to start? You’re …
Beginner’s Guide to Investing in Halal Stocks and Identifying Shariah-Compliant Investments
Are you interested in ethical investing that aligns with Islamic principles? If so, investing in …
Unlocking Success: 5 Impactful Case Studies from the World of Islamic Banking
In recent years, Islamic banking has surged in popularity, not just in predominantly Muslim …
Best Success Stories in Islamic Banking: In-Depth Case Studies
Islamic banking, distinguished by its adherence to the ethical and moral principles of Islam, has …
5 Key Steps for Sharia-Compliant Retirement Planning
Planning for retirement is a crucial aspect of financial management, but for those adhering to …
8 Best Halal Investment Ideas for 2024 and Beyond
As the global Muslim population expands, interest in halal investing continues to rise. Halal …
Are Mutual Funds Halal?
When it comes to personal finance and investments, one common question that often emerges among …
Are There Any Islamic Banks in the USA?
Are you wondering about the availability of Islamic banks in the USA? This query is becoming more …
Are Index Funds Halal?
In the world of investing, index funds have become increasingly popular due to their low costs, …
Is Insurance Halal?
In today’s fast-paced world, where unpredictability looms at every corner, insurance has …
What Are Islamic Bonds (Sukuk)? How Do They Work Without Interest?
In an era where ethical or Halal investing isn’t just a preference but a priority for many, …
The Historical Evolution of Zakat Practices
As the gentle light of dawn pierces the darkness, heralding the start of a new day, so too does the …
Zakat vs. Sadaqah: Key Differences in Islamic Charity
Welcome to a journey through the heartwarming world of Islamic charitable practices, where we embark …
What is Zakat al-Fitr and When to Pay It?
As the holy month of Ramadan draws to a close, Muslims around the globe prepare for one of …
Zakat During Crisis: Responding to Emergencies and Disasters
In times of crisis, whether it be natural disasters, pandemics, or economic downturns, the concept …
Zakat on Agricultural Produce: Guiding Principles and Practices
In the serene dawn of a rural landscape, as the sun rises to bless the earth with its warmth, …
Zakat on Livestock: Guidelines for Farmers and Herders
In the heart of pastoral life, where the day’s rhythm is set by the sun and the seasons, …
Maximizing the Benefits of Zakat: Tips for Donors and Recipients
In the vibrant tapestry of Islamic traditions, Zakat stands out as a brilliant thread, weaving …
Zakat on Stocks and Shares: A Modern Dilemma Solved
In today’s fast-paced world, where the buzz of the stock market is as familiar as morning …
Exploring Zakat’s Impact on Achieving Sustainable Development Goals
In the Islamic faith, Zakat, one of the Five Pillars of Islam, is a form of almsgiving treated as a …
What is the Impact of Zakat on Muslim Society?
Zakat, the third pillar of Islam, is a testament to the faith’s dedication to social welfare …
Is Day Trading Halal or Haram?
In the dynamic world of stock trading, day trading stands out as a strategy focused on quick …
How To Ensure Your Zakat Makes a Difference?
In the spirit of giving, many of us seek ways to ensure our contributions not only reach those in …
What Are the Benefits of Paying Zakat?
Zakat, one of the Five Pillars of Islam, stands as a testament to the faith’s commitment to …
How To Pay Zakat On Gold?
In the treasure chest of life’s responsibilities, paying zakat on gold shines brightly as a …
Financial Inclusion: A Pathway to Economic Empowerment for Muslims
In the bustling markets of Jakarta to the vibrant communities in the Middle East and the growing …
Top 5 Reasons You Must Have A Bank Account As a Muslim
In today’s fast-paced world, managing finances wisely is essential for everyone, especially …
How To Pay Zakat in a Non-Muslim Country?
Are you finding yourself pondering over the question, “How to pay Zakat in a non-Muslim …
How Zakat Can Transform Education for Future Generations
In the garden of life, education is the sunlight that nurtures young minds, allowing them to blossom …
Zakat on Rental Income: A Guide for Property Owners
In the mosaic of Islamic financial obligations, Zakat stands out as a cornerstone, purifying wealth …
Zakat Transparency: Building Trust in Islamic Charitable Donations
In a world where trust is as precious as the rarest gem, the transparency of charitable giving, …
Zakat and Debt Relief: Islamic Aid for the Needy
In a world where financial burdens can weigh heavily on the shoulders of many, Zakat stands as a …
Zakat Eligibility: Who Qualifies to Receive It?
In the realm of Islamic philanthropy, Zakat stands as a towering pillar, a beacon of hope and …
Planning for Zakat: A Year-Round Approach
In the beautiful transition from daylight to dusk, individuals often find themselves contemplating …
Zakat’s Role in Community Transformation: The Power of Workshops and Seminars
In the bustling streets of our diverse and vibrant communities, there’s a unifying thread that …
Boost Your Investments with Zakat: A Guide for Stocks, Real Estate, and Beyond!
When it comes to fulfilling our financial duties in Islam, Zakat sits at the core, acting as a …
Top 5 Mistakes To Avoid in Calculating Zakat
In the grand tapestry of Islamic practices, Zakat stands out as a vibrant thread, weaving together …
Technology and Zakat: Utilizing Apps and Platforms
In a world where technology weaves through the fabric of our daily lives, intertwining with every …
Zakat on Business Wealth: A Guide for Entrepreneurs
As entrepreneurs, we navigate a labyrinth of financial obligations, from taxes to operational …
Philanthropy in Islam: Beyond Zakat
In the vast and vibrant garden of Islamic tradition, the concept of giving—rooted deeply in …
The Environmental Dimensions of Zakat
In the heart of Islamic tradition lies a principle often celebrated for its spiritual and social …
Organizing A Zakat Drive in Your Community
In the heart of every community lies the potential for unity, growth, and compassion. Among the many …
Success Stories: The Difference Zakat Made
In the journey of life, where the path often diverges between the haves and have-nots, the Islamic …
Fintech Startup Secures $27.5 Million Funding to Digitize Indonesian SMEs
Jakarta, Indonesia – AwanTunai, a leading Indonesian FinTech startup, has recently announced …
The Impact of Zakat on Community Development
In the tapestry of societal upliftment and development, various threads intertwine to create a …
6 Creative Ways to Involve Children in Zakat
Exploring 6 Creative Ways to Involve Children in Zakat introduces a vital component of the Five …
Zakat and Taxation: Navigating Modern Challenges
In the intricate tapestry of financial responsibilities that weave through our lives, two …
How Does Islamic Banking Work?
In today’s diverse financial ecosystem, Islamic banking emerges as a beacon of ethical …
How To Connect Islamic Liquidity with Global Business Opportunities?
In the vibrant tapestry of global finance, Islamic liquidity emerges as a unique and fascinating …
World’s Best Islamic Banks in 2024
The realm of Islamic banking has seen significant transformation and growth, with the World’s …
How To Make Halal Money From Cryptocurrencies?
Navigating the realm of digital currencies with a focus on ethical investment, “How To Make …
What is Halal Investing and Why is It on the Rise?
Embarking on the journey of halal investing unlocks a pathway to align financial endeavors with …
MacKenzie Launches Halal Mutual Fund for Ethical Investing
Mackenzie Financial has made a groundbreaking move in the Canadian investment landscape with the …
The Ultimate Guide to Halal Mortgage Options in the US
In recent years, the demand for halal mortgage options has surged in the United States, propelled by …
Islamic Finance Set To Expand In Arab Countries
In a strategic move set to bolster the Islamic banking and finance sector across the Arab world, the …
Are Bonds Halal or Haram in Islam? An In-Depth Analysis
In the ever-evolving landscape of Islamic finance, the question “Are Bonds Halal?” …
What To Expect From the Kuala Lumpur Islamic Finance Forum 2024?
The Kuala Lumpur Islamic Finance Forum (KLIFF) 2024 is gearing up to be an unprecedented milestone …
Turkey Names Fatih Karahan as New Central Bank Governor
Turkey’s economic landscape is set to embrace a new chapter with President Recep Tayyip …
Discovering Islamic Coin: Top 5 Insights for Modern Finance
Islamic Coin (ISLM) is the native currency of Haqq Network, one of the first ethics blockchain …
What Is Interest-Free Banking?
Interest-Free Banking, often synonymous with Islamic Banking, operates on a principle that deviates …
What Is the Importance of Money in Islam?
In today’s fast-paced world, money holds a pivotal role in shaping our lifestyles, economies, …
HAQQ Teams Up with GoMeat to Boost Halal Food Access in the USA
HAQQ, an ethical blockchain ecosystem rooted in Islamic values, has entered into a strategic …
Lendo Raises $28M in Series B for Shariah-Compliant Crowdfunding
In a remarkable development for the FinTech sector, Lendo, a Saudi Arabia-based financial technology …
How To Start A Career In Islamic Finance?
As we step into the new year of 2025, many of you might be considering a career change or embarking …
Malaysia As An Islamic Finance Hub: From Humble Seed to Global Sun
Malaysia’s rise as the world’s premier Islamic finance hub is a compelling tale of …
How To Find Out If A Stock is Halal or Shariah-Compliant?
Determining whether a stock is Halal or Shariah-complaint, which means permissible under Islamic …
Jumhouria Bank Backs Key Islamic Finance Conference in Bahrain
In a significant move, Libya’s largest bank, Jumhouria Bank, has emerged as one of the main sponsors …
Blossom Finance: Leading Indonesia’s Islamic Fintech Revolution
The fintech world is witnessing a significant paradigm shift, led by innovative platforms like …
Islamic Wealth Management: Maybank’s Leap into Singapore’s Financial Hub
As Islamic finance blossoms into a trillion-dollar industry, Maybank, the Malaysian banking giant, …
Cryobank for Camels in the Heart of UAE Desert
In today’s rapidly advancing world of science and technology, we are witnessing breakthroughs …
14th World Islamic Economic Forum Discusses Key Global Economic Growth Themes
The 14th World Islamic Economic Forum (WIEF), scheduled for 6-8 February 2024 at the Abu Dhabi …
Egypt’s Islamic Banking Surges by 27% in 2023, Hits EGP 562 Billion
In a significant leap for the financial sector, Islamic banking in Egypt recorded a robust growth, …
GCC’s Islamic Banking Booms as Shariah Compliance Gains Ground
In the thriving economies of the Gulf Cooperation Council (GCC), Islamic banking is experiencing …
Pioneering Halal Investment with Al Mabrook:An Interview with Fahad Siddiqui, CEO of Al Mabrook
Blending the principles of Shariah with innovative blockchain technology, Al Mabrook Investment …
Dubai Islamic Bank Buys 20% Stake in Turkish Digital Bank TOM
Dubai Islamic Bank (DIB), the largest Sharia-compliant lender in the UAE, has boldly expanded its …
Al Baraka Bank Launches ‘Yusr’ Personal Finance with BD10,000 Prize
>Al Baraka Islamic Bank, a pioneer in Islamic finance in Bahrain, has launched an innovative …
BIBF and IsDBI Collaborate to Elevate Worldwide Islamic Finance Proficiency
In an era where financial landscapes are rapidly evolving, the Bahrain Institute of Banking and …
Hejaz Group Becomes First Islamic Mortgage Provider Listed on AFG Platform
Hejaz Group, the nation’s leading provider of Islamic financial products and services, has …
Embracing the Sustainable Future via the Digital Transformation of Islamic Finance
In the rapidly evolving landscape of global finance, the intersection of digital transformation and …
Global Islamic Fintech Outlook 2023-2024 Revealed at KLIFF 2023
Kuala Lumpur, Malaysia – As the global financial landscape continues to evolve, the Islamic finance …
Social Impact Investing: Paving the Way for the Future of Islamic Finance
At a recent panel discussion at the KLIFF 2023 conference, industry leaders explored the expanding …
Islamic Financial Services Industry Sustainability Report Presented At KLIFF2023
The Islamic Financial Services Industry (IFSI) Sustainability Report 2022-2023, published by the …
Sukuk For A Sustainable Future: Catalyzing Positive Impact
At KLIFF 2023, a panel discussion titled “Sukuk for a Sustainable Future: Catalyzing Positive …
Maximizing Islamic Social Finance Potential To Achieve Sustainability Goals
In an era where the global community is increasingly focused on sustainability, the intersection of …
Maqasid Shariah and Sustainability: Forging a Just and Sustainable Future
In today’s rapidly evolving global landscape, the intersection of ethics, sustainability, and …
Islamic Finance and Sustainability: How It Drives Positive Impact
At KLIFF2023, the Center for Excellence in Research and Training (CERT) once again provided a …
Unlocking the Potential of Embedded Finance in Empowering Islamic Finance
In an era of financial innovation, the convergence of technology and finance has given rise to a …
Shaping the Future of Islamic Finance: KLIFF2023 Insights
KLIFF2023, organized by the Center for Excellence in Research and Training (CERT), brought together …
Dr. Mohamad Damak’s Islamic Finance Vision 2024 at KLIFF2023
In a compelling address at the KLIFF2023 conference, Dr. Mohamad Damak, Global Head of Islamic …
Dubai Islamic Bank Pakistan Launches Cutting-Edge Digital Onboarding
In a landmark development for Pakistan’s financial sector, Dubai Islamic Bank Pakistan (DIBP) has …
How Can Islamic Finance Contribute to Sustainable Financial Growth?
In today’s world, where sustainable development is a top priority, Islamic finance offers a unique …
Navigating Malaysia’s Thriving Takaful Market
Over the past few decades, Takaful in Malaysia has grown from a niche offering into a major …
Bank Negara Malaysia Governor Highlights Value-Based Finance for Sustainable Growth at KLIFF 2023
Kuala Lumpur, Malaysia – In a pivotal address at the 18th Kuala Lumpur Islamic Finance Forum …
KLIFF 2023 To Help Advance Islamic Finance For A Sustainable Future
The Kuala Lumpur Islamic Finance Forum (KLIFF) has long been recognized as a pivotal event in the …
HSBC Asset Management Introduces Global Sukuk ETF
HSBC Asset Management has taken a bold step by introducing Europe’s first Shariah-compliant sukuk …
Alif Targets UAE’s Booming Remittance Market with Alif Pay Launch
Central Asian fintech titan, Alif, has set its sights on the United Arab Emirates, unveiling its …
Uganda Opens Its Doors to Islamic Banking
Uganda is setting a significant milestone in its financial sector by facilitating the introduction …
Alliance Bank and SURI Launch Upcycling Empowerment for Langkawi’s Single Mothers
In a world where sustainability and economic empowerment are increasingly intertwined, Alliance …
Islamic Finance Pivotal in Steering Climate Transition
LONDON — As the global community faces the unprecedented challenge of climate change, Islamic …
Russia To Launch Islamic Banking
Russia is set to make a groundbreaking leap by launching its first Islamic banking pilot program on …
What is Islamic Microfinance? How Does It Help Reduce Poverty?
Microfinance has transformed financial access for underserved communities by providing essential …
Istanbul Blockchain Week Spotlights Islamic Finance and Web3 Innovations
Nestled strategically between the global financial powerhouses of Dubai and London, Istanbul is …
How To Invest A Small Amount of Money the Islamic Way?
Investing even a modest amount of money can be a powerful strategy for building wealth, but for …
Bank Islam Appoints Azdini Nor Azman As CEO of BIMB Investment
Bank Islam and the Halal Development Corporation (HDC) have taken a major step to boost …
Egypt’s Islamic Finance Skyrockets to $19.38B in First Half of 2023
In a display of unwavering financial progress, Islamic finance in Egypt has reported an impressive …
CAIZcoin Breaks Ground in the Global Islamic Crypto Landscape
Europe’s CAIZcoin, deeply rooted in Islamic financial principles, stands at the threshold of …
ADIB Experiences Remarkable Rise in Digital Banking Adoption
Amid a global banking revolution, Abu Dhabi Islamic Bank (ADIB) stands tall with marked growth in …
Kazakhstan’s ITS Exchange Lures Islamic Investors With Shariah Index
ITS, the newly inaugurated international trading platform in Kazakhstan, has taken bold strides …
Islamic Social Exchange Shaping the Future of ICM in Malaysia
KUALA LUMPUR – Datuk Seri Awang Adek Hussin, Chairman of Securities Commission Malaysia, underscored …
Egyptian Exchange Collaborates with S&P to Introduce Sharia-Compliant Index
In a recent development, the Egyptian Exchange (EGX) is set to unveil an Islamic Sharia-compliant …
IsDB Aims to Elevate Islamic Finance Landscape in Mauritania
Nouakchott, Mauritania – A high-level delegation from the Islamic Development Bank Institute …
What is the Role of Islamic Fintech in Financial Inclusion and Ethical Innovation?
In today’s rapidly evolving financial landscape, the fusion of technology and …
Hong Kong Seeks Arabic, Islamic Finance Experts To Lure Middle East Customers
Hong Kong is ambitiously positioning itself as a global hub for Islamic finance and Middle Eastern …
Rising Halal Finance: Catering to Canada’s Growing Muslim Investors
About a decade and a half ago, when Ottawa-based IT specialist Imad Ansari wished to dive into the …
Hong Kong’s Chief Executive Announces Plans for Enhancing Islamic Finance Accessibility
In an ambitious drive to broaden the reach of Hong Kong’s financial markets, Chief Executive …
Hub71 and Wio Bank Partner to Boost Abu Dhabi’s Tech Startup Banking
ABU DHABI, UAE – In a groundbreaking alliance, Abu Dhabi’s dynamic tech incubator, Hub71, and …
Indian-Held Kashmir Needs Islamic Microfinance To Alleviate Poverty
The people of the former state of Jammu and Kashmir are deeply connected to the traditional banking …
Digitization Surges in North Africa’s Islamic Banks
Islamic finance, often referred to as Sharia-compliant finance, stands as a unique pillar in the …
Islamic Banking Pilot Approved by Russian Lawmakers
The Russian parliament has given the green light to a two-year pilot program that will introduce …
Understanding Islamic Coin: Sharia-Compliant Cryptocurrency Explained
Islamic Coin (ISLM), a digital currency designed in accordance with Sharia principles, is set to …
Is It Halal To Work in A Conventional Bank?
I remember a close friend of mine, Sultan Ahmed, who faced a tough decision not too long ago. He had …
ISR-Based Framework: A Leap for Islamic Banking in Bangladesh
Islamic banking has seen impressive growth over the last four decades, becoming a well-established …
Saudi’s Almarai Stirs Gulf Debt Market with $750M Sukuk Sale
DUBAI—Saudi Arabia’s leading food and beverage enterprise, Almarai, has unveiled plans to …
Pakistan’s Summit Bank Rebrands Itself As Bank Makramah
Summit Bank Limited has announced a significant milestone in its ongoing evolution: the State Bank …
Pakistan’s Islamic Banking Aims for Riba-Free 2027
KARACHI — The increasing footprint of Islamic banking in Pakistan attests to a growing preference …
Maybank Group Pioneers Global Islamic Banking with Hubs in Singapore and Dubai
SINGAPORE: Maybank Group, the Malaysian multinational banking and financial services corporation, …
Ahli Islamic Extends 1% Hiba Benefit on New Qitaf Bank Deposits
Muscat: Dedicated to elevating its customers’ banking experience with enriching and rewarding …
How to Digitize Islamic Banking in Pakistan
As the Fourth Industrial Revolution unfurls, bringing about groundbreaking advancements in …
Qatar’s Islamic Finance Sector Surges with Record Growth in 2022
Doha, Qatar—Bait Al-Mashura Finance Consultations (BAM) has published its annual report on Islamic …
Gulf Islamic Investments Expands Operations in Saudi Arabia
Dubai-based asset manager Gulf Islamic Investments (GII) has announced a major expansion of its …
Dubai Islamic Bank Chooses IBM Consulting for Data Transformation
Dubai Islamic Bank (DIB) has made a strategic decision by partnering with IBM Consulting to …
Indonesia Raises $400mln From Islamic Debt Auction
JAKARTA – The Indonesian government successfully raised 6 trillion rupiahs ($400.40 million) …
Qardus, An Ethical and Sharia-Compliant Financing Platform, Raises £318,837 via Seedrs
Qardus, an ethical and Sharia-compliant financing platform catering to social impact SMEs and …
Islamic Coin Secures Major Funding Boost From ABO Digital
Islamic Coin, the leading Shariah-compliant cryptocurrency, has once again made headlines by …
Uganda Passes Bill To Kickstart Islamic Banking
Uganda‘s journey towards embracing Islamic banking took a significant stride forward as the …
Hong Leong Islamic Bank Supports PIHEC 2023 Halal Expansion
Hong Leong Islamic Bank (“HLISB” or “The Bank”) participated in the Penang …
RHB Introduces Shariah-Compliant Sustainable Tech Fund
Welcome to the world of technology-driven investments that align with your Islamic values—the …
Australia’s First Islamic Bank Gains $10M Hejaz Group Investment
Islamic Bank Australia, the nation’s inaugural Islamic bank, has secured a strategic …
More UK Muslims Turn to Zakat Amid Living Cost Surge
Welcome to More UK Muslims, a vibrant community dedicated to empowering and connecting Muslims …
Egypt’s Agel Secures Pre-Seed Funding for Its Shariah-Compliant Fintech Platform
In a significant move for Islamic fintech, Egyptian startup Agel has secured a substantial …
Al Salam Bank Amplifies Algerian Footprint with Stake Increase in ASBA
Al Salam Bank, the Bahrain-based Islamic bank, has announced the acquisition of a majority stake in …
Singapore to Emerge as International Hub for Offshore Islamic Wealth by 2028
Welcome to the International Hub for Offshore Islamic Wealth, where individuals and businesses find …
Islamic Coin Revolutionizing Finance with Sharia-Compliant Crypto
Enter the fascinating world of Sharia-Compliant Crypto, where cutting-edge blockchain technology …
Funding Societies Launches Shariah-Compliant Investment Note in Malaysia
Experience the power of Shariah-compliant investment notes, a unique financial instrument that …
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 …
UAE Islamic Banks Report 7.3% Asset Increase in Q1 2023
In a report that paints a vibrant picture of a financial sector on an upward trajectory, the Central …
Kazakhstan Undergoes Islamic Finance Assessment Led by IsDB Institute
The Islamic Development Bank Institute (IsDBI) has initiated a comprehensive Islamic Finance Country …
Most Islamic Finance Markets Remain Untested for Sukuk Recovery
Fitch Ratings-Dubai reports that the majority of the Organisation of Islamic Cooperation (OIC) …
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 …
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 …
Why is Islamic Financial Literacy Important For You & Me?
The Concept of Islamic Finance
Financial literacy in the context of Islamic finance, often referred …
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 …
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 …
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 …
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 …
Are Islamic Online Banks Winning the Deposit War?
Are Islamic online banks emerging as the victors in the realm of digital finance? In the …
AAOIFI and Pakistan Join Forces to Advance Shariah-Compliant Capital Market
The recent collaboration between AAOIFI and Pakistan has joined tremendous excitement and potential …
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 …
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 …
Court Orders Pak Government To Abolish Interest By 2027
Federal Shariat Court (FSC) of Pakistan Issues Directive to Abolish Interest from Nation’s …
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 …
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 …
Are Money Market Funds Halal in Islam?
Money market funds are a type of mutual fund that invests in short-term debt securities, such as …
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 …
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 …
Islamic Development Bank & Settlemint Collaborate for Blockchain Price Stability
Today, a profound revelation in the world of financial technology comes to the forefront. …
The Importance of Budgeting in Islamic Personal Finance
Brief Overview of Islamic Personal Finance
Islamic personal finance is a unique approach to managing …
US Congress Members Urge PayPal to Lift Ban on Palestinian Businesses
While other financial service providers operate in the Palestinian territories, PayPal has singled …
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, …
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 …
Dubai Emerges as the Foremost Global Hub for Islamic Finance
According to the Islamic Finance Development Indicator (IFDI) Report of 2022, the global Islamic …
Oman Witnesses 10% Surge in Islamic Banking Assets
Situated in the heart of the Middle East, Oman’s Islamic banks and windows have seen …
Islamic Bank Group and Halal Company Sign MoU
In a significant development in Jeddah, Kingdom of Saudi Arabia, the Halal Products Development …
EDB Spearheads Islamic Finance Development in Central Asia
The Eurasian Development Bank (EDB) has expressed its intention to serve as a key contributor to the …
Bangladesh Assumes Role as Executive Director at Islamic Development Bank
In a significant development, Bangladesh has been elected as an Executive Director on the Board of …
Abhi, a Pakistani Fintech, Launches Region’s First Sukuk
Abhi, a revolutionary fintech platform based in Pakistan, has made a significant breakthrough by …
Halal Products Company Sponsors IsDB Private Sector Forum
The Halal Products Development Company (HPDC), backed by Saudi Arabia’s Public Investment Fund …
Paymentology Empowers Nomo’s Shift to Cutting-Edge Financial Services
London – Paymentology, a global leader in issuer processing, announces a strategic alliance …
AAOIFI’s 21st Shari’ah Conference Concludes in Bahrain
Welcome to AAOIFI’s 21st Shari’ah Conference, a distinguished gathering of experts and …
How To Make Money With Halal Investing?
In the ever-expanding world of finance, Halal investing has emerged as a lucrative and ethical way …
ADIB Named Primary Dealer for Federal Treasury Sukuk Program
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has been designated as a …
How To Market & Advertise Islamic Financial Services?
The Islamic finance industry has experienced rapid growth in recent years, driven by increasing …
Abu Dhabi’s Mubadala Fund Divests 7.6% ADIB Stake, Transfers to National Holding
Abu Dhabi’s Mubadala Fund divestment of its stake in ADIB reflects a trend towards …
Pushing For Unified GCC Payments System
A GCC-wide payment system requires collaboration among member countries. The proposed unified GCC …
How Has Technology Transformed the UAE Financial Services Industry?
The United Arab Emirates (UAE) has experienced rapid growth and diversification in its economy over …
What Is the Role of Waqf in Healthcare?
The role of waqf in healthcare is an important aspect of Islamic social finance, and it has been …
What Is Islamic Fintech?
Islamic Fintech, a rapidly emerging industry, is transforming the financial landscape by offering …
Saving vs. Investing: How Do You Decide?
Embarking on the journey toward financial stability can often feel like venturing into a labyrinth, …
World’s First Sharia-Compliant Cryptocurrency Launching Soon
A Sharia-compliant cryptocurrency is a new form of digital currency that adheres to Islamic …
Tanzanian Firm Signs $4.23Bn Islamic Financing Deals in Zambia
Mayzuh, a Tanzanian Islamic finance firm, has signed agreements with five Zambian entities to …
What Are the 5 Essentials to Halal Investing?
The world of investing can be complex and overwhelming, but for Muslims seeking to adhere to Islamic …
Qatar’s Zakat Fund Gives QR33M to 660 Families in Ramadan
Doha: The Qatar’s Zakat Fund stands as a beacon of hope, compassion, and social welfare, …
Dutch Banks Accused of Discriminating Against Muslims
Dutch Muslims Face Increased Discrimination Due to Anti-Money Laundering Laws
Rabin Baldewsingh, the …
ADIB’s 2022 SME Financing Hits Dhs1 Billion
Abu Dhabi Islamic Bank (ADIB), a premier Islamic financial institution, has proudly unveiled its …
IMF to Establish Islamic Finance Categories in SNA/BPM
The International Monetary Fund (IMF) plans to provide separate categories for Islamic finance in …
Al Rajhi Bank Secures $1bn Through Sustainable Islamic Bond Issuance
The senior unsecured US dollar-denominated sukuk carries a yield of 4.75% per annum, as reported in …
Meezan Bank Surpasses $1.5 Billion in RDA Deposit Inflows
Karachi: Meezan Bank, Pakistan’s leading Islamic bank, has recently surpassed the milestone of …
Indonesia Enhances Islamic Finance Institutions to Strengthen Financial Literacy
Jakarta (ANTARA) – Indonesia’s Financial Services Authority (OJK) is committed to …
Saudi Electric Co. to Issue Dollar-Denominated Islamic Bonds
In a recent bourse filing, Saudi Electricity Company (SEC), which is 75% owned by Saudi …
IDB Approves $345M for Egypt’s Eco-Friendly Train
Islamic Development Bank (IsDB) has approved $403 million worth of projects in member countries such …
Turkish Bank To Help Islamic Finance Industry Grow in the Philippines
A Turkish bank is in talks with the Bangko Sentral ng Pilipinas (BSP) to help the bank establish …
Islamic Coin Allocates $40M for Shariah-Compliant Funding
Islamic Coin (ISLM), a Shariah-compliant financial ecosystem, has launched a grants and investment …
Doha Islamic Finance Conference Concludes with Key Insights
The Ninth Doha Islamic Finance Conference, wrapped up in Doha, State of Qatar, on March 14, 2023, …
Qatar Leads Fintech Innovation in the Region with Advanced Technology
The 9th Islamic Finance Conference, entitled ”Islamic Finance and Challenges of Web …
ADIB Appoints Ashley Veasey as New Group Chief Information Officer
Abu Dhabi Islamic Bank (ADIB) has announced the appointment of Ashley Veasey as its new Group Chief …
QIB Crowned Most Innovative Bank in the Middle East
Qatar Islamic Bank (QIB) has been recognized as the ‘Most Innovative Bank in the Middle East, …
CMA Hosts Workshop on Sharia Governance Standards for Banking Industry
The Capital Market Authority (CMA) recently partnered with the Islamic Financial Services Board …
Abdullah Kamel From CIBAFI Emphasizes On Ethical Standards for Sustainable Finance
Abdullah Saleh Kamel, Chairman of the Board of Directors of the General Council for Islamic Banks …
Are Cryptocurrencies Compatible With Islamic Finance Tenets?
Islamic finance, based on Islamic law principles known as Shariah, prohibits interest-based …
Maybank Launches Malaysia’s First EV Financing Solution
Maybank Group, a Malaysian financial services provider, has launched the country’s first …
ABG Promotes Islamic Economics at 43rd Al-Baraka Symposium in Madinah
Al-Baraka Group, a leading financial conglomerate specializing in Islamic banking and financial …
Nomo Launches Multi-Currency Accounts and Cards for Global Transactions
Nomo, the world’s first fully digital Sharia-compliant cross-border bank, has launched its new …
How Takaful Can Benefit Individuals and Businesses Alike
In recent years, there has been a growing interest in takaful, a form of Islamic insurance that …
Saturna Unveils Shariah-Compliant Investment Platform for Digital Investors
Saturna Sdn Bhd, a Shariah-compliant financial services company, today (9 March) officially launched …
Shariah Compliance in Takaful: Why It Matters and How It’s Achieved
Takaful is a type of Islamic insurance that adheres to Shariah principles. Unlike conventional …
What Does Shariah-Compliance Mean in Islamic Banking Industry?
Islamic banking, also known as Shariah-compliant banking or halal finance/banking, is a system of …
Waqf-Based Qardhul Hassan Should Be Given An Opening
Waqf-based Qardhul Hassan is a financial instrument that provides interest-free loans to the needy, …
Exploring the Different Types of Takaful Products Available
Takaful is a term that refers to Islamic insurance and is an important aspect of Islamic finance. …
How Takaful Differs from Conventional Insurance
There has been a growing demand for Islamic finance products worldwide in recent years. Takaful, a …
What Is Takaful? How Is It Different From Conventional Insurance?
Takaful is a type of Islamic insurance that operates based on the principles of cooperation, …
Why You Should Apply Minimalism to Personal Finance?
Minimalism is a lifestyle that emphasizes living with less and prioritizing what truly matters. It …
What Are the Top 5 Factors Driving Islamic Finance Growth?
Islamic finance is a financial system that operates by Islamic law, also known as Shariah. Islam …
Halal Investing Expected to Boom if Combined With ESG Standards
Islamic finance and halal investing have experienced significant growth in recent years, and there …
Why Should Islamic Finance Incumbents Partner With Islamic Fintech Challengers?
Islamic finance has come a long way over the past few decades, with the industry evolving from niche …
What Are the Halal Alternatives to Student Loans?
Financing higher education is a critical concern for many students across the United States and …
Top 5 Financial Issues Young Muslims Should Focus On
As a young Muslim, it’s important to focus on building a strong financial foundation that will …
Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
Mobile payment apps have become increasingly popular in recent years, offering users the convenience …
Abu Dhabi Islamic Bank Reports 55% Rise in Net Profit For 2022
In 2022, ADIB’s revenues improved by 23 percent to reach Dhs6.8bn, compared to Dhs5.56bn in …
Islamic Banking Thriving in Bangladesh
Islamic banking has witnessed impressive growth in Bangladesh in recent years amid strong public …
Islamic Finance in Nigeria Continues To Flourish
Islamic Finance in Nigeria has emerged as a thriving sector, offering Sharia-compliant banking …
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 …
What Are the Latest Trends in the Islamic Fintech Industry?
Islamic Fintech is a rapidly growing sector of the global financial industry. It covers a broad …
Bank Nizwa Offers Islamic Finance For Various Needs At Competitive Rates
Muscat: With the launch of a new campaign, Bank Nizwa, one of the leading Islamic banks in the …
Sukuk Market Struggles Across Borders as Issuance Disappoints
US$202.1 billion of Sukuk were issued in 2021 representing a 9% growth. US$713 billion of Sukuk were …
What is the State of the Islamic Finance Industry in Japan?
Islamic finance is a financial system that is based on principles of Shariah or Islamic law. It is a …
What Are the Challenges of Using “Buy Now Pay Later” Service?
Buy now pay later (BNPL) is a type of payment option that allows consumers to purchase goods and pay …
Abu Dhabi Islamic Bank launches ADIB PAY
Abu Dhabi Islamic Bank (ADIB), a financial institution, announced the launch of the region’s first …
How Does Ijara Financing Work?
Ijara financing is a type of Islamic financing that is based on the principles of profit and loss …
Why Are Non-Muslims Converting To Islamic Finance?
Islamic finance, also known as sharia-compliant finance, is a financial system that is based on …
What Is the State of the Islamic Fintech Industry in the US?
The Islamic fintech industry in the United States is a rapidly growing sector that is gaining …
Maqasid: Bringing Islamic Finance and Banking Back to Life
The fundamental concerns, real-world challenges, and consequences of traditional economics, banking, …
How To Keep Your Investment Halal?
As a Muslim investor, aligning your financial activities with Islamic principles is crucial. The …
Islamic Coin wins ESG Crypto at The Middle East Blockchain Awards
Islamic Coin plans to offer several services, including a wallet and a super app, and will soon be …
Is Halal Investing Compatible With ESG Goals?
Can halal investing principles align with the increasingly popular Environmental, Social, and …
Islamic Finance Growing in Bangladesh Despite Structural Issues
The Bangladeshi Islamic finance industry is likely to continue growing over the medium term, driven …
Crypto Has Crashed
Crypto has crashed. We have seen the spectacular rise and, then, fall of a currency that did not …
Pakistan Pledges To Abolish Interest in Five Years
Dar says FSC’s order on interest-free banking to be implemented
The government announced on …
Sultan Nazrin Shah Inaugurates INCEIF’s New Campus
Sultan Nazrin Shah officiated the launch of INCEIF University’s new campus at Jalan Tun Ismail, …
What To Look For in An Islamic Financial Advisor?
Is your money working for you and your faith? For Muslims, financial decisions aren’t just …
Southeast Asia Becomes A Rising Powerhouse in Islamic Finance
The global Islamic fintech industry is worth an estimated RM372.56 billion ($79 billion) and is …
What Are the Top 5 Criteria To Choose Halal Stocks?
If a stock or security meets certain conditions, does that mean it is Halal? If the response is yes, …
How Do Fintech Firms Make Money with Business Models?
Do you really want to know how fintech firms make money through different business models? There are …
Islamic Banks Need To Increase Market Share Before Considering Radical Reforms
Islamic banks must work within the confines of a global system to boost market share and be …
Halal Tech and Halal Investment Opportunities Over the Next Decade
Halal technology has enormous growth potential over the next decade. However, in order to realize …
25 Fintech Firms Give Services in Azerbaijan’s Financial Market
According to Azernews, Ruslan Talibov, chairman of the FinTech Association of Azerbaijan, said …
Green Sukuk Market Settle for Launch as Demand Grows
Kuala Lumpur – According to recent research*, experts in Islamic finance anticipate a boom in …
Banks Execute BNM’s Five Key Measures to Fight Financial Scams
KUALA LUMPUR: Bank Negara Malaysia has unveiled five critical steps to fight financial fraud. The …
Fintech Firms Suffer a Data Violation Due to a Critical Zoho Flaw
When a cyberattack occurs on a platform offering services to the fintech business, the data of its …
Is this the End of Hong Kong’s Fintech Talent?
It’s possible that Hong Kong’s fintech talent will come home now that the government is …
CIMB Launches a New Mobile Banking App
With the release of the CIMB OCTO App, CIMB now offers its customers a brand-new smartphone …
BisB wins “Most Innovative Islamic Bank” Award in Bahrain
The Uk-based company International Finance Publications Limited has recognized the Bahrain Islamic …
How Does Islamic Finance Protect Investors?
The transparency and structure demanded of Islamic finance that is attracting investors burned by …
How To Invest in Islamic Finance in a Bear Market?
Halal investing has been an important topic for our readers. We often get questions on how to invest …
Australia’s First Islamic Bank Secures License
Australia’s first-ever Islamic bank has just been licensed and will begin beta testing with a small …
How To Fund Our Mosques in Non-Muslim Countries?
Mosques in Japan, the US, France, the UK, and many other non-Muslim countries often face difficulty …
What Are the Advantages of Learning and Investing in Halal Stock?
Halal stocks are one of the most popular investments for Muslims. They provide a means for them to …
‘The Music Has Stopped’ For the Crypto World
Crypto companies are laying off staff, freezing withdrawals, and trying to stem losses, raising …
Dubai’s MRHB to Release Major Halal DeFi Solutions
Ethics-focused decentralized finance platform MRHB from Dubai has announced three world-first …
IsDBI and IICPSD Launch Pioneering Online Course on Islamic Finance for SDGs
The Islamic Development Bank Institute (IsDBI) and the UNDP Istanbul International Center for …
What is Halal Home Financing? How Does It Work?
Have you ever wondered how Muslims could buy homes if they cannot afford to pay the price by using …
Manzil To Expand Halal Financial Services
Manzil, which offers Halal-certified investment and home financing solutions, aims to help Muslim …
DeFi Platform Marhaba to Tap $3 Trillion Islamic Economy With Halal-Certified NFTs
Marhaba DeFi Network (MRHB), a Muslim-focused “ethical” decentralized finance platform, has …
Islamic Banking in Pakistan To Outpace Conventional Peers by 2026
With a continued strong growth trajectory, Pakistan’s Islamic banking industry is estimated to …
Shariah Experts Issues World’s First NFT-based Halal Certification
Shariah Experts Ltd. has become the world’s first halal advisory firm to issue shariah compliance …
UAE to Provide Insurance For Unemployed Workers
The United Arab Emirates (UAE) on Monday approved an unemployment insurance scheme to provide …
Wahed appoints former SEC Director Lori Richards to Board of Directors
New York: Wahed, a global fintech company that encourages social responsibility and financial …
Shariah Experts Ltd Issues World’s First NFT-Based Halal Certification
Shariah Experts Ltd. has become the world’s first halal advisory firm to issue shariah compliance …
IsDB Institute Unveils New Brand Identity
The Islamic Development Bank Institute (IsDBI) has unveiled a new brand identity, following the …
Dubai’s Dar Al Takaful, Abu Dhabi’s Watania To Merge Into UAE’s Largest Islamic Insurance Provider
The merger will involve a share swap, whereby shareholders of Watania, now listed on the Abu Dhabi …
IsDB Asks Banks and Financial Institutions To Issue Sukuk in Dollars
The Islamic Development Bank (IsDB), a leading multilateral development bank with the highest …
Crypto Startup To Use Sharia-Compliant Digital Assets for Expansion
Fasset has been working with prolific Islamic finance jurists and thought-leaders to educate the …
Pakistan’s Zaraye, a B2B Platform, Raises $2.1M from Tiger Global
Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have …
Abu Dhabi’s ADQ Invests $20B in Egypt’s Commercial International Bank
The Abu Dhabi investment company is taking stakes in multiple publicly-listed companies in Egypt as …
Emirates Islamic Launches Services To Support UAE Companies
The new account builds on the bank’s ongoing commitment to supporting the UAE’s SME sector, which …
PayHalal Partners With Atome to Offer Islamic Buy Now, Pay Later Feature
Shariah-compliant payment gateway PayHalal is now offering merchants participation in its inaugural …
Oman’s Islamic Banking Growth To Continue Despite Challenges
Muscat – Oman’s Islamic banking sector is likely to sustain its strong growth trajectory in the …
Islamic Fintech Needs Conducive Ecosystem To Grow Exponentially
THE global Islamic fintech market needs a conducive ecosystem to achieve exponential growth …
Malaysia Seeks Sustainable Lead to Drive Islamic Finance Growth
Islamic finance pioneer Malaysia is looking for new drivers to reignite growth for its $286 million …
Oman’s Islamic Banking Industry Growing
The Islamic banking sector in Oman is likely to sustain its positive trajectory in the …
Taliban to Replace Conventional Banking Network With Islamic Banking
The Central Bank of Afghanistan will update the south-central Asian country’s financial …
World’s First Shariah Compliant Crypto Exchange To Launch in March
GC Exchange will launch on 30th March 2022, the first Shariah-compliant Crypto Exchange, based on …
Top 5 Ways To Increase Awareness About Islamic Finance
In 2021, global Islamic financial assets reached an all-time high of more than $4 trillion marks as …
What Are NFTs?
The halal Times editors have written about the NFTs on various occasions in the past as well. …
ESG Goals Could Help Boost Islamic Investing
The global Islamic finance market could expand dramatically if its goals are combined with those of …
Qatar Consistently Among Top 10 in Islamic Finance Globally
Doha: Qatar, which has QR528bn of Islamic finance assets, has been consistently ranked among the top …
Australia’s Hejaz Becomes First Islamic Finance Provider on HUB24
As of Wednesday, Hejaz Financial Services’ Global Ethical Fund is available on HUB24, becoming the …
NayaPay Secures $13m Seed Funding for its Messaging and Payment App
Pakistan-based fintech platform NayaPay has raised $13 million in a seed round to roll out its …
Why Should Islamic Finance Institutions Give Priority to Women?
Financial inclusion, wealth creation, increased economic activities, and financial stability for …
4 Books to Help You Market Halal Products
The Halal industry has become a new economic sector as more companies are offering more inclusive …
Egypt Names 6 Banks For First $2bn Sukuk Issuance
Egypt has named six international banks to manage the sale of its first sovereign Sukuk worth $2 …
With Mission To Halal Investing and Shopping IMAN Raises S1M Seed Funding
An Islamic FinTech start-up IMAN closes $1 million in seed funding to introduce a new financial …
What is the Future of Digital Banking in UAE?
UAE is at the forefront of the digitalization of the banking industry in the region. And, it may …
Kuwait Finance House Net Profit Surges 64% to $803M
Kuwait Finance House (KFH), one of the world’s leading Islamic financial institutions, has …
Bank Nizwa Initiative Backs Tourism in Oman
MUSCAT – Bank Nizwa, a leading Islamic bank in Oman, recently hosted a creative two-day event …
Quilter Cheviot Unveils Shariah-Compliant Investment Service
Quilter Cheviot has launched a Shariah-compliant discretionary investment service which will be …
What Is the State of the Indonesian Cryptocurrency Market?
Indonesia is the largest Muslim country in terms of population. More than 6.5 million Indonesians …
CoinMENA – The Most Popular Sharia-Compliant and Halal-Investing Cryptocurrency Exchange
A Sharia-compliant product is structured under sharia rules, essentially, products with an extra …
Is This the End of Cryptocurrency As We Know It?
Starting in 2008, cryptocurrency has now become a pretty big asset class for many people around the …
Cofundr Launches ‘KITACOVER’ Campaign To Assist Malaysian SMEs
Crowd Sense Sdn Bhd (CSSB), a peer-to-peer (P2P) operator licensed by the Securities Commission …
Global Islamic Funds Market Reaching US$ 200 Billion – CIBAFI Report
The General Council for Islamic Banks and Financial Institutions (CIBAFI), the global umbrella of …
What Are Halal Investing Rules?
What are Halal investing rules? What makes an investment Halal? Is investing in shares Halal? Is …
Egypt, ITFC Discuss Aspects of Cooperation in 2022
Hala El-Said, the Minister of Planning and Economic Development and Governor of Egypt at the Islamic …
Is Cryptocurrency Halal?
Can Muslims invest in cryptocurrency? What are Halal cryptocurrencies? What do Islamic scholars say …
Takaful Ikhlas To Offer Products and Services To Tan Chong’s Customers
MNRB Holdings Bhd’s wholly-owned Takaful Ikhlas General Bhd has entered into a strategic …
UAE’s First Digital Bank Starts Advertising on Billboards
The fastest and most secure banking service provided by UAE’s first digital bank Al Maryah …
What is the Likely Impact of LIBOR’s Demise on the Islamic Banking Industry?
The New York Times reported on 12 January the demise of LIBOR. It was 52. For the last five decades, …
How Should We Market Islamic Banking To Non-Muslims?
Islamic banking, a rapidly expanding sector, is founded on principles of fairness, transparency, and …
How Can Islamic Banks Survive in the Age of Fintech?
The other day I was talking to a high-ranking professional working for a top UAE bank about the …
IsDB Injects $252.5M Into Pak Energy Sector
The Islamic Development Bank (IsDB), has approved $252.5m for financing two vital projects in …
CreditPer & PayPro to Offer Customers Interest-Free Loans in Pakistan
CreditPer, a pioneer in digital financial services in Pakistan for individuals and businesses alike, …
SBP Introduces Shariah Compliant OMO Injections for IBIs
The State Bank of Pakistan (SBP) has unveiled new Shariah-compliant liquidity facilities, including …
Bank Nizwa Extends Its Financing Facilities to Khazaen Dry Port
The sultanate’s leading Islamic bank, Bank Nizwa on Wednesday celebrated and marked the official …
Malaysia Ready to Become a Global Leader in Islamic Fintech
The Islamic fintech sector is undergoing rapid digitalization, matching the speed of the digital …
What Is the Role of Fintech in the Rise of Islamic Finance?
When it comes to fintech innovation, most conversations typically revolve around the diversification …
INCEIF Becomes a Premier Educational Institution for Islamic Finance
INCEIF becomes a premier educational institution of Islamic finance globally. The 12th Convocation …
Hejaz Planning To Become First Islamic Bank in Australia
Hejaz Financial Services, one of the leading providers of Islamic finance in Australia, is set to …
Saudi Arabia Hosts Forum on Islamic Banking
Saudi Arabia Cements Leadership in Islamic Banking: First National Forum Explores Industry’s …
Why Collaboration Is Key to Unlocking the Future of Islamic Finance?
Banks and FinTech companies need to join hands to create innovative Sharia-compliant products that …
Bank of England Opens Alternative Liquidity Facility For Islamic Banks
The Bank of England has today opened the Alternative Liquidity Facility (ALF), which has taken …
Digitization of Islamic Financial Services Must For Pak Economy
Adviser to Prime Minister (PM) on Finance and Revenue Shaukat Tarin on Tuesday asked financial …
How Do Muslims Think About Islamic Wealth Management?
In the dynamic and evolving landscape of Islamic wealth management, contemporary studies have …
Egypt’s 2021 Sukuk Issuance Less Than Expected
Contact Financial Holding launched the only Sukuk issuance YTD in Egypt, with a value of EGP 2.5bn. …
What Can Sukuk Learn From Social Impact Bonds in the Context of COVID Crisis?
Beyond the lack of financial resources, delivery failures are among the main causes of poor public …
How Islamic Banks Are Making Their Mark in the Post-Pandemic UAE
New research shows the gap between the penetration of conventional and Islamic banking products in …
What Is the State of Islamic Banking in India?
Public interest litigation (PIL) filed in J&K High Court on Interest-free banking has once again …
INCEIF Hosts Dialogue On Islamic Fintech
The 4th Islamic Fintech Dialogue 2021 (IFD2021) was successfully held virtually last week under the …
On Setting the Direction of Future Research in Islamic Economics and Finance
Ideas generate knowledge, the research develops and shapes it. But what we choose to explore is …
Islamic Finance Industry Set to Hit $4.94trn in 2025
The Islamic finance industry is set to hit $4.94trn by the year 2025. The report highlighted new …
What Does the Future Hold for Islamic Finance?
After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as …
Adib Appoints Al Awadhi as Group Chief Executive Officer
Abu Dhabi Islamic Bank’s (Adib) Board of Directors has announced the appointment of UAE National …
Indonesia’s Largest Crypto Exchange Respond to Ulema’s Bitcoin Fatwa
sIndodax, Indonesia’s largest crypto asset exchange by the number of users, has reacted to the …
Nebix Joins Qatar Financial Centre to Create Opportunities for Qatari Financial Institutions
Qatar Financial Centre (QFC), an onshore financial and business center in the region, has recently …
What Should be The Role Of Islamic Green Financing?
The grave implications of climate change and environmental degradation have pushed the need for a …
Crypto Is Haram, Says Top Indonesian Shariah Scholar
Cryptocurrencies don’t follow Sharia tenets and should not be used by Muslims, Indonesia’s National …
Islamic Finance Industry Needs Rapid Digitization
State Bank of Pakistan Governor Dr Reza Baqir has said that the Islamic finance industry needs to …
Bangladesh Policy Measures May Help Grow Islamic Finance
A recent policy push by the Bangladesh government to develop Islamic finance could, if sustained, …
MicroLEAP to Finance Agri Sector Via MDEC’s Agtech Program
Shariah-compliant P2P (Peer-to-Peer) financing platform microLEAP has announced its collaboration …
Malaysian P2P Platform Appoints New Head of Islamic Products
Tasked with introducing Shariah-compliant products to the market, Rosalinda is expected to take …
Expert Predicts Significant Rise in Global Islamic Finance Assets
According to Sanusi, the global Islamic financial market has witnessed rapid growth over the last …
Top British Financier Enters Bahrain to Target Islamic Tech Space
Stella Cox CBE, Islamic finance government lobbyist and head of DDCAP Group, has commended the …
Higher Demand For Ethical Banking Spurs Growth in Islamic Finance
In recent years, we’ve seen growing consumer demand for banks to become more ethical in their …
Nigeria To Issue $610 Million Sukuk To Improve Road Infrastructure
Nigeria will issue a sovereign Sukuk on its domestic market for up to 250 billion naira ($610 …
Islamic Finance Offers Huge Potential for Qatar and Turkey Cooperation
Islamic finance offers huge opportunities for cooperation and growth for Qatar and Turkey, according …
Major Indonesian Islamic Organization Declares Crypto Haram
The East Java branch of one of Indonesia’s largest Islamic organizations Nahdlatul Ulama (NU) has …
FAIR Neobank Revolutionizing Ethical Banking in North America
FAIR Neobank: Disrupting the Landscape with Ethical & Halal Banking Solutions for the …
Pakistan to Issue Dollar Sukuk By Year-End
Pakistan plans to issue a dollar-denominated Sukuk of $1 billion within the next two months as it …
How Islamic Finance Can Reduce Poverty in Nigeria?
Poverty is one of the biggest threats to Nigeria’s social stability, but it can be reduced …
Can Cryptocurrencies Help Grow Islamic Finance Industry?
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Islamic …
First Abu Dhabi Bank Earns Dh9.2b Net Profit for First 9 Months of 2021
The biggest bank In the UAE, Abu Dhabi’s FAB, recorded a sharp 26 percent Increase In …
What Is the State of the Islamic Fintech Industry in Malaysia?
In the recent release of the Capital Market Masterplan 3 by Securities Commission Malaysia (SC), it …
Malaysia’s Social Commerce Player Baloy Raises RM6.18 Million in Equity Crowdfunding Campaign
Baloy, an e-commerce platform made for grocery shopping with a unique Online-to-Offline …
Dubai Islamic Bank Training A New Generation of Local Leaders
Dubai Islamic Bank (DIB), the UAE’s largest Islamic Bank, has made great strides in achieving its …
What Is Social Cryptocurrency & Why We Need It?
Money is at the heart of any financial system. It is the “joints” that link markets across space and …
Malaysia Fast Becoming A Leading Islamic Finance Hub
Malaysia is on the right track towards becoming a leading global Islamic finance hub with consistent …
What Is the Relationship Between Zakat and Islamic Fintech?
In today’s fast-paced world, technology has transformed almost every aspect of our lives. The …
Islamic Finance As A Startup Requiring (Self) Disruption
Over the next 10 years, I expect many more industries to be disrupted by software, with new …
Ethical Investing: Cocoa Invest Blends Experience With Shariah Principles to Attract Investors
Ethical Investing: Cocoa Invest Blends Experience With Shariah Principles to Attract …
UK’s Maydan Capital Unveils Platform To Connect Early-Stage Islamic Fintechs With Potential Investors
Maydan Capital matches capital groups with ethical, early-stage tech companies
UK FinTech operator …
Qatar On Its Way To Becoming A Global Fintech Hub
With a new strategy and supporting programs, the fintech industry could be one of the largest …
Bahrain Sukuk Al-ijara Oversubscribed By 400%
The Central Bank of Bahrain (CBB) announces that the monthly issue of the short-term Islamic leasing …
CIBAFI and AAOIFI Launched an Online Workshop on Ethics
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Accounting and …
UK-Based Muslim Charity NZF Increases Housing Grant By 50%
In response to the recent change in renting law, UK Muslim Charity, National Zakat Foundation (NZF), …
Luxembourg Becomes A Leading Global Hub For Islamic Finance
The Grand Duchy of Luxembourg benefits from a long history in Islamic finance when in 1978 …
Islamic Fintech Industry in Southeast Asia Growing Fast
iFintechs, or, Islamic fintechs, are seeing rapid growth and opportunities in Southeast Asia. …
CIMB Wins Best Islamic SME Award
CIMB Islamic Bank Bhd and CIMB Bank Bhd have been recognized with prestigious accolades, winning the …
Islamic Fintech Firms Should Go Mainstream
ONE of the growth areas that Islamic financial technology (fintech) companies should capitalize on …
Wealth and Values
Personalized wealth management app Cocoa Invest – with its halal but diverse investment …
Fair Neobank Announces Upto 4% Return on Investment Accounts
Fair, the first halal-certified neobank in the U.S., today announced the launch of a wealth-building …
Indonesian Halal-Focused Social Commerce Startup Evermos Lands $30M Series B
Evermos is an Indonesian social commerce startup with two goals: to let people earn extra income by …
Colendi May Become the First Fintech Unicorn in Turkey
The fintech venture Colendi has raised $30 million in the Series A investment round, $12 million of …
Challenger Bank Alif Secures $58M To Expand Geographically
Tajikistan-based FinTech Alif has raised $58m UK-based investment vehicle Jefferson Capital to grow …
Higher Oil Prices Force GCC Sukuk Issuances to Decline
Higher oil prices in GCC countries have reduced funding needs. Lower funding needs and high …
Ethis Group, Islamic Crowdfunding Startup, Raises US$1.64mil from Super Angels
Ethis Global Sdn Bhd, which operates regulated Shariah-compliant, ethical, and impact-focused …
Pakistani Islamic Microfinance Pioneer Wins Asia’s ‘Nobel Prize’
Dr. Muhammad Amjad Saqib, an Islamic microfinance pioneer, has won the Ramon Magsaysay Award for his …
Investment in Global Fintech Sector Reaches $98bn in 2021
Investment in the global fintech sector has reached $98bn in the first half of 2021. It was recently …
Nigeria Becomes Fintech Capital of Africa
Nigeria`s Lagos has become the fintech capital of Africa. It recently overtook Kenya`s Nairobi as …
ADIB Launches Digital-Only Bank for Tech-Savvy Generation Z
Amwali aims to empower the UAE’s growing youth segment and will offer knowledge resources to help …
Indonesian Takaful Sector To Become More Competitive
The Takaful sector in Indonesia is expected to become more competitive in Indonesia as more players …
First Shariah-Compliant eWallet Product Launched in Malaysia
Touch ‘n Go Group said that Principal e-Cash Fund, the underlying fund for Touch ‘n Go’s GO+, is now …
First Islamic Bond in Tanzania Oversubscribed
The maiden Sukuk bond to have been issued in Tanzania was oversubscribed last week as investors’ …
Fair Gets Ready To Take The US Remittances Market By Storm
The battle for the remittances market in the US and around the world is intensifying as migrants are …
Why Should You Care About Islamic Fintech As A Consumer?
Why should you care about Islamic fintech as a consumer? Who are the target audiences of Islamic …
Can We Use Fintech To Support SMEs?
Access to finance has traditionally been a challenge for small and medium enterprises (SMEs) across …
Fardows, a Halal Islamic Challenger Bank Launches its Waitlist to Public
Fardows, a US-based Halal Islamic Neo Bank, has officially launched its waitlist to consumers …
What Is the Impact of $ 4.7 Billion Trade Financing for OIC Member Countries During COVID-19 Pandemic?
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic …
How Millennials Are Driving Demand For Islamic Banking?
Islamic Finance is a shariah-compliant way to manage money that aligns with the principles of Islam. …
How Should Islamic Finance Industry Implement ESG Goals?
How should the Islamic finance industry implement Environment, Sustainability and Governance (ESG) …
What Is the State of the Islamic Finance Industry in Bangladesh?
What is the state of the Islamic finance industry in Bangladesh? The country may not be on the radar …
Tayyab Becomes The First Digital Islamic Bank In Kazakhstan
Tayyab becomes the first-ever digital Islamic bank in Kazakhstan. It is a fully Shariah-compliant …
Muslims Need Digital Services To Fully Embrace Islamic Finance
Social responsibility and ethical practices are among top priorities for the next generation of …
Can Takaful Sector In GCC Become Profitable in 2021?
GCC’s Islamic insurers (Takaful) are expected to face profitability challenges due to high …
How Can Islamic Social Finance Help The Needy?
Hundreds of financial institutions are involved in Shariah-compliant transactions, making Islamic …
What Is the State of the Islamic Fintech Industry in Britain?
Have you heard about the Islamic fintech boom? It’s transforming the global financial …
Digital Banking Challenger Alif Prepares for UK Expansion
Alif, a Tajikistan-based Islamic fintech, has announced plans to establish a presence in the UK in …
Liquidity Capital, Yas Investment Launch &100m Venture Debt Fund To Support UAE SMEs
US-based Liquidity Capital has partnered with Dubai-based Yas Investments to launch a $100 million …
Ijara Finance to Offer Full Suite of Lending Products
Islamic finance may have just reached a new level, with Sydney-based company Ijarah Finance now able …
Malaysian Tabung Haji Placed Under Central Bank Regulation as A Stopgape Solution
Malaysian Ministry of Finance (MoF) has clarified that the decision to place Lembaga Tabung Haji …
Wahed Invest To Include 1st Islamic China A-Shares 100 ETFs on Its Platform
Newly launched 1st in the World VP-DJ Shariah China A-Shares 100 ETF included on Robo Advisor …
UK-Based IslamicFinanceGuru Raises £3.0M From Outward VC
UK-based IslamicFinanceGuru has secured £3.0 million in capital through a round led by Outward …
MashreqBank In Dubai Taking Digital-Only Route
One of the oldest banks in the United Arab Emirates is preparing for a digital-only future as it …
Pakistan’s Overseas Remittances Exceed $2Bn for 10th Straight Month
Remittances from Pakistani workers employed abroad exceeded $2 billion for the 10th consecutive …
Islamic Fintech A Gamechanger For Business Transformation, Customer Experience?
Islamic fintech has emerged as a promising segment that has not only overhauled traditional methods …
Islamic Finance Assets To Hit $3.7 Trillion By 2024
The Islamic finance industry is already worth over $2 trillion, and S&P Global Ratings estimates …
Scholars to Discuss Future Of Islamic Finance After Pandemic
Kuala Lumpur, 8th July 2021 – International Shari’ah Research Academy for Islamic Finance (ISRA) …
HDC, Bank Islam Launch GO Halal Fund To Support Malaysian SMEs
Bank Islam and the Halal Development Corporation (HDC) have taken a major step to boost …
What Is Takaful and How Is It Different From Conventional Insurance?
In recent years, Takaful has gained prominence as an alternative to conventional insurance, …
Coverlo Becomes Pakistan’s First Online Islamic Insurance
Pakistan has been somewhat slow to adopt Islamic fintech. However, it seems to be changing at least …
CaizCoin, A Blockchain Platform Following Ethics and Morals of Islamic Finance
In the dynamic world of finance, the term “CaizCoin” resonates as an emblem of ethical …
Should You Align Your Investments To A Greater Purpose?
Just imagine you have some extra cash available at your disposal. What would you like to do with it? …
Kuwaiti Bank AUBK Issues $600M Mudaraba Sukuk
KUWAIT: Ahli United Bank of Kuwait (AUBK) announced its pride of the great success achieved by its …
Islamic Finance Industry Remains Resilient Amidst Pandemic
Dubai: Islamic Finance and Wealth Management industry has remained resilient amidst the pandemic …
How To Buy Your Home In A Shariah-Compliant Way?
“What is an Islamic mortgage?” — it’s a common question that many Muslims ask us. The short answer …
New Digital Banking Platform Offers Halal Certified Banking in US
A new digital banking platform has started offering the first halal-certified banking …
How To Integrate Islamic Finance With ESG Goals?
The Islamic finance industry is expanding rapidly. The industry witnessed double-digit growth of 14 …
Islamic Fintech Wahed Hires Industry Veteran to Run UK Operations
Islamic Fintech Wahed Inc has hired a finance industry veteran to run its UK-based operations.
The …
Islamic Finance Can Be A Panacea For The Post-Pandemic World Economy
In the wake of COVID-19’s unprecedented global economic turmoil, Islamic finance emerges not …
Pakistan Issues Sukuk To Meet Budgetary Shortfall
Pakistan has approved the issuance of Sukuk and leases to meets its budgetary shortfall and promote …
Al Baraka Islamic Bank Receives Awards for Its Credit Card Design
Al Baraka Islamic Bank has been awarded Best Credit Card Design from MasterCard as well as Best …
Indonesia’s ‘Born-Again’ Muslims Quit Banks for Islamic Finance
A rise in religious conservatism in Indonesia is drawing talent away from what some view as …
Alizz Islamic Bank Launches Sharia-Compliant Credit Cards
Muscat- Alizz Islamic Bank, in collaboration with Mastercard, announces the launch of …
Bank Nizwa Joins Hands With AAOIFI and Fingel Global To Launch iFinovation
Muscat: Bank Nizwa’s ability to innovate and introduce new Sharia-compliant financial services has …
UAE’s Shuaa To Launch Digital Wealth Platform
SHUAA Capital psc, the leading asset management and investment banking platform in the region, today …
Egypt May Issue First Sukuk Bonds Soon
Egyptian parliament passes the sovereign bond bill.
On June 6, 2021, it approved the Sovereign Bond …
IFIN Launches Instant Islamic Financing Platform For Retailers, Islamic Finance Providers
Bahrain-based Islamic Fintech provider, IFIN (Islamic Finance Initiation Network – …
Indonesia’s ALAMI Emerging As A Major Player In Shariah-Compliant Peer-To-Peer Lending
Indonesian peer-to-peer lender ALAMI Shariah has been in the news lately. In mid-May, 2021, it …
Path Solutions Completes System Upgrade At Kuwait Finance House
Path Solutions, a global Islamic banking software company, announced that Kuwait Finance House …
Pak PM Imran Launches Pakistan’s First Green Euro Bond
Prime Minister Imran Khan Monday formally launched Pakistan’s first green Eurobond by the …
Are Big Tech Companies Destroying Bank Brands?
Big tech companies such as Apple, Facebook, and Amazon have massive user bases. Now, they are …
Impact Of Islamic Social Financing In COVID-19 Era And Beyond?
At these extraordinary times in the world, where the devastating effects of the coronavirus disease …
What Is The Rationale For Crypto Sukuk?
Some time ago, Malaysia had announced the permissibility of cryptocurrency as Halal. The topic is …
Malaysia’s US$1.3b Green Sukuk Listed On Hong Kong Stock Exchange
Malaysia’s US$1.3 billion (about RM5.35 billion) sustainability Sukuk or Islamic bonds have …
Turkey’s Islamic Banking Sector May Reach 15% Of Net Assets By 2025
Turkey’s interest-free banks, commonly known as “participation banks” within the …
Pandemic Offers Africa A Chance To Boost Sovereign Sukuk Sales
The financing required to rebuild economies in African nations following the coronavirus pandemic …
Indonesia Aims To Be The Largest Halal Economy By 2024
Indonesia has ambitious plans to make its Islamic economy sector much bigger as it has started …
Crescent Finance In Australia Pushing For Shariah-Complaint Home Loans
John Hewson of Crescent Finance wants to channel up to $5 billion in Shariah-compliant home loans …
Strong Demand For Malaysia`s International Green Sukuk
Malaysia had started offering green Sukuk recently. Domestic and foreign investors have taken a …
Immense Opportunity To Develop Islamic Banking Talents As The Industry Grows In Malaysia
Developing professionals in the Islamic banking industry globally has become vital as the industry …
Malaysia Starts Offering First-Ever Green Sukuk
Malaysia started marketing its first-ever sustainability Sukuk, adding to a growing number of …
Saudi Real Estate Refinance Eyes $1bn Sukuk by Year-End
Saudi Real Estate Refinance Company (SRC) plans to issue up to $1 billion in Sukuk (Islamic bonds) …
Bangladesh, Malaysia Discuss Islamic Finance Opportunities
Leaders of the Bangladeshi and Malaysian business communities have discussed and exchanged insights …
Could Islamic Finance Support BNPL Business Model?
Buy Now Pay Later (BNPL) programs have seen tremendous growth globally. Despite growing concerns …
Alliance Islamic Bank Targets RM100mil Financing for Halal SMEs
Alliance Islamic Bank Berhad (“Alliance Islamic Bank”) today signed a Memorandum of Understanding …
Is Caizcoin An Islamic Blockchain Platform?
Derived from the Arabic word Caiz, Caizcoin is an Islamic Blockchain platform that provides money …
Qatar FinTech Hub Announces Wave 2 Of Its Incubator, Accelerator Programs
22 FinTechs selected to take part in Wave 2 of the Incubator and Accelerator Programs to run from …
Mambu Launches Shariah-Compliant Cloud Banking Platform
Mambu, the newly-minted fintech unicorn, today announced the highly anticipated launch of the …
Aligning Your Investment Goals And Values – Introducing Aghaz
Do you care enough about your belief system? Do you give importance to environmental, social, and …
Qatar Fast Becoming An Islamic Fintech Hub
The recent consolidation initiative of Islamic banks in Qatar is likely to increase their overall …
Everything You Need To Know About Zakat In 2024
Discover everything you need to know about Zakat in 2024 and beyond, a foundational element of the …
Dubai Islamic Bank, Codebase Technologies Launch Pakistan’s First Roshan Digital Account App
Dubai Islamic Bank Pakistan Limited (DIBPL), World’s First Islamic Bank, announced the launch of its …
Turkey Fast Becoming A Haven For Islamic Finance
Turkey is likely to become an attractive center for interest-free Islamic finance after a new …
Islamic Finance Could Reduce Poverty
Islamic finance could reduce poverty and the economic challenges associated with it. The way to do …
Indonesian P2P lender ALAMI Buys Shariah Bank
The Sharia-compliant peer-to-peer (P2P) lender ALAMI Technologies has acquired a Sharia rural bank, …
SHUAA Capital Leads US$50 Million Sukuk Funding Round for Pure Harvest Smart Farms
SHUAA Capital psc (DFM: SHUAA), the leading asset management and investment banking platform in the …
Conference In Qatar To Discuss The Role Of Islamic Finance In Overcoming Crises
The 7th Doha Islamic Finance Conference will be held virtually from March 30 to April 1 under the …
Fintech, Digitization To Help Islamic Finance Industry Grow
Higher digitalization and financial technology (fintech) collaborations can help strengthen the …
Malaysia Leads The Global Sukuk Market In 2020
Malaysia has topped as the largest Sukuk market in 2020 by issuing more than 45% of the world’s …
Major Australian Aggregator To Provide Islamic Mortgage Services To Muslims
Islamic mortgage services Australia
One of the largest mortgage aggregators in Australia, Finsure, …
Indonesia To Support Takaful Sector To Boost Economic Recovery
Fitch Ratings-Jakarta-04 March 2021: The nascent takaful sector in Indonesia is gaining market share …
Maybank Appoints Shahril As Chief Sustainability Officer
Malayan Banking Bhd has appointed Shahril Azuar Jimin as its chief sustainability officer (CSO) to …
BIMB Investment Launches Makmur myWakaf Fund To Help The Needy
BIMB Investment Management Bhd launched the Makmur myWakaf Fund (MWF) on Wednesday for the investors …
Masraf Al Rayan To Double Sukuk Issuance To $4bn
Masraf Al Rayan, a Qatar-based Islamic bank that is in the midst of merging Al Khaliji to create a …
Where Is The Islamic Fintech Market Heading In 2024?
The financial technology (fintech) sector is reshaping how the world approaches financial services, …
Malaysia’s Islamic Banking Sector On The Rise Despite Pandemic
Despite the economic challenges posed by the COVID-19 pandemic, Malaysia’s Islamic banking …
Aghaz Launches Values-Based Trading In The US
Aghaz Investments, an Islamic financial institution based in the US, is currently targeting …
Global Sukuk Issuances Decline in 2021 Due to Higher Oil Prices
Global Sukuk issuance in 2021 is far short of the records set in previous years as the rise in U.S. …
How To Grow Islamic Fintech Sector in 2021?
There has been a strong demand for Islamic fintech products almost everywhere. Countries have been …
Strong Demand, State Support To Drive Islamic Finance Growth Globally
Islamic finance, which has been forecast to reach $3.69 trillion by 2024 globally in terms of …
Middle East Banking Innovation Summit To Evaluate Latest Advancement In Fitntech
The Annual Middle East Banking Innovation Summit next week will showcase the latest advancements in …
Malaysia To Lead Sukuk Issuance In 2021
Malaysia will continue to lead the global Islamic financial market in terms of Sukuk issuance this …
Bushra Business Bank, Profinch Solutions To Provide Digital Banking Services In Somalia
Bushra Business Bank, a leading commercial bank offering conventional and Islamic banking services …
Turkey`s Islamic Finance Assets To Double In Five Years
Turkeys Islamic finance assets are set to double in the next five years, Moodys reported recently. …
Aafaq Islamic Finance Introduces ‘Osool’ To Empower Emirati SMEs
Competition is growing among the UAE-based Islamic financial institutions to support the country`s …
Emirates Islamic Expands Its Support Network For SMEs
Emirates Islamic, one of the largest Islamic financial institutions based in UAE, has expanded its …
Demand For Islamic Financial Products Grows
The demand and acceptance for Islamic banking products continue to rise in Malaysia and other …
Deutsche Bank To Announce A Major Sukuk Issuance In Saudi Arabia
Deutsche Bank expects to bring to the market a “major” Islamic bond in Saudi Arabia by the end of …
How Is Islamic Fintech Going to Evolve In 2021?
How is Islamic fintech going to evolve in 2021? What are the trends it expects to follow? Is it …
How Can Islamic Fintechs Help Small Businesses?
Imagine yourself as the proud owner of a small business that has been trying hard to make ends meet …
Alizz Islamic Bank appoints New Sharia Supervisory Board
Muscat: Alizz Islamic Bank recently announced the appointment of a new Sharia Supervisory Board. …
Riyad Bank To Debut $2.67b Sukuk
Riyad Bank plans to establish a domestic SAR-denominated Sukuk issuance program of up to SR10 …
How Islamic Fintech Can Reduce Poverty & Unemployment?
Islamic fintech could reduce poverty and unemployment. It could reduce the scourges with the help of …
How Islamic Finance Can Tackle Global Challenges In The Post-COVID-19 Era?
Islamic finance has the potential to create a positive impact and help in addressing the devastating …
Can Blockchain Technology Help Islamic Banking?
Blockchain technology is going to change everything”. This claim was made many times over the past …
Should Malaysia Use Blockchain Technology To Certify Halal Products?
In 2018, Malaysia accounted for only 1 percent of the global halal demand – proving there are …
Saudi Arabia Poised to Become a Global Leader in Islamic Finance
The Kingdom of Saudi Arabia, being the largest Islamic finance market globally in economies with …
IRTI Launches Saudi Arabia Islamic Finance Country Report
In conjunction with the G20 Summit being held in Saudi Arabia on 21-22 November 2020, the Islamic …
Pandemic Forces Global Sukuk Volume To Fall This Year
The global Islamic finance industry is expected to contract this year as Sukuk issuance has dropped …
Does Blockchain Technology Have Value for Islamic Finance?
Everyone seems to be talking about the pervasiveness of blockchain technology. It is claimed to be a …
What Is The Role Of Embedded Finance In The Growth Of Islamic Fintech?
eCommerce is booming all over the world. The ongoing COVID-19 pandemic has made online businesses …
ADIB Launches UAE`s First-Ever Virtual Sales Platform
Abu Dhabi Islamic Bank Revolutionizes Customer Experience with First-Ever Virtual Sales Platform in …
Malaysia Announces Permissibility of Cryptocurrency As Halal
Malaysian religious authorities announced the permissibility of cryptocurrency as Halal. Not long …
Fintech Can Promote Islamic Finance In Nigeria, Jidda
The convergence of fintech and Islamic finance presents a transformative opportunity to reshape the …
ICD Completes Pricing for a 5-Year US$ 600 Million Sukuk Issuance
Islamic Corporation for the Development of the Private Sector (ICD) Completes Pricing for a 5-Year …
Islamic Fintech Playing An Important Role In Africa
The roll-out of shariah-based digital financial products will deepen Islamic Finance in Nigeria. …
Pak K-Electric Offers 7% Profit On Islamic Bonds
Recently, K-Electric, the main electricity supplier in Karachi, Pakistan issued Sukuk (Islamic …
Fintech Playing A Crucial Role In The Growth Of Islamic Banking Industry
Islamic Banks all over the world have been adopting financial technologies to streamline their …
Maldives To Issue Sukuk To Help Restart Its Economy
The Maldives plans to issue Sukuk to help restart its tourism-focused economy affected by the …
Nasdaq Dubai Welcomes DIB`s Sukuk
Nasdaq Dubai welcomed the listing on Tuesday of a $300 million Sukuk issued by Dubai Islamic Bank …
Uzbekistan To Issue Green Sukuk To Strengthen Its Financial Markets
To allure investors from the Islamic financial world, Uzbekistan is eyeing a green debt sale that …
Saeed Lootah, The Founder Of First Islamic Bank Passes Away
Haj Saeed bin Ahmed Al Lootah, the founder of the world’s first Islamic bank, has passed away. …
Top Three Emerging Trends In Islamic Finance Due To COVID-19
The COVID-19 pandemic crisis has affected most of the economies around the world. Governments have …
IRTI Launches Blockchain-based Smart Credit Management Platform
The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group has …
Experts To Discuss Future Of Islamic Economics & Finance
Experts are scheduled to discuss the future of Islamic Economics & Finance online between June …
UAE Zakat Fund Offers AED38.6 Million To Support The Needy
The Zakat Fund Disbursement Committee in Abu Dhabi has approved AED38.6 million for the needy, as …
Islamic Fintech Startup Manzil Seeks Funds Via Crowdfunding
Manzil, a Toronto-based Islamic FinTech startup that offers shariah-compliant financial solutions …
Bank Nizwa Ranks As the World’s Best Islamic financial institution
Establishing itself as one of the leading Islamic banking institutions globally, Bank Nizwa was …
COVID-19 To Put Global Sukuk Issuance To Reverse
Though it has looked like last year’s recession scare was a false alarm, the global Sukuk market is …
Islamic Finance Gaining Ground In China
Islamic Finance has become a potential growth sector in China after the COVID-19 pandemic is over. …
Halal Angels Network Aims To Tap $5trn
The World’s First Halal Angels Network was launched to promote innovation, entrepreneurship & …
PSE Eases Rules On Islamic Finance Industry
In a bid to grow the Islamic finance industry in the Philippines, the Philippine Stock Exchange, …
Oman Arab Bank To Merge With Alizz Islamic Bank
Oman Arab Bank and Alizz Islamic Bank are planning to merge after securing regulatory approval from …
Stock Markets in Asia Surge, Even as China’s G.D.P. Falls
Asian markets rallied on Friday. Cathay Pacific Airways, Hong Kong’s flag carrier, said that it had …
Turkey Enables Sovereign Fund To Support Economy
Turkey allowed its sovereign wealth fund to take over private companies in distress as part of a …
ITFC Gives $850 Million To OIC Members Hardest Hit By COVID-19
The International Islamic Trade Finance Corporation (ITFC) plans to give $850 million to OIC member …
ADIB Becomes First Islamic Bank To Use Blockchain For Trade Finance Transactions
Abu Dhabi Islamic Bank (ADIB), a leading Islamic financial institution in the United Arab Emirates, …
Islamic Fintech Industry Embracing To Serve Customers
The fintech industry is booming. It is fast overtaking traditional financial methods to deliver …
Islamic Finance Strengthening Its Roots In Canada
Islamic Finance strengthening its roots In Canada. That is the key phrase we got from the article …
Islamic Finance To Expand In 2020 As Demand For Shariah-Compliant Products Grows
Islamic finance is poised to expand in 2020 and beyond, helped by the growing use of …
Philanthropy Combating Coronavirus In Pakistan
Outside grocery stores in Karachi, a remarkable scene has been unfolding over the past two weeks. …
Malaysian Financial Sector has considerable Promise for Expansion
In Malaysia, where annual economic growth has averaged just under 5 percent over the past five …
Nigerian Official Urges Businesses To Explore $3 Trillion Halal Fund
The President, Abuja Chambers of Commerce and Industry (ACCI) Adetokunbo Kayode has urged Nigerian …
Islamic Finance In Qatar Growing Exponentially
Doha, Qatar: H E Ali bin Ahmed Al Kuwari, Minister of Commerce and Industry, has stated that Qatar …
Qatar To Emerge As The World’s Leading Islamic Finance Hub
With a fast-growing Islamic finance industry, Doha has all the potential to emerge as the ‘Capital …
Malaysia Finalizes Regulations For Digital Islamic Banks
There has been a lot of talk about digital banks in different parts of the world. Malaysia, having …
Global Islamic Economy Summit To Hold Roundtable At Halal Hannover
For the first time, the world’s largest summit on the Islamic economy is coming to German-speaking …
Saudi Arabia Moving Away From Oil To Financial Technology
Crude oil production in Saudi Arabia slowed down considerably last year, from 10,643 BBL/D/1K in …
Alliance Islamic Bank Launches Halal-in-One Program To Help SMEs
Putrajaya, – Alliance Islamic Bank Berhad (“Alliance Islamic Bank”), a subsidiary of Alliance Bank …
Istanbul Finance Center to be role model: Malaysian CEO
A top Malaysian businesswoman has expressed high hopes from the Istanbul Finance Center, an upcoming …
Turkey, Qatar, Malaysia Poised To Lead Islamic Finance Industry
Turkey, Qatar, Malaysia are poised to lead the Islamic finance industry in the coming years, the CEO …
Bank Nizwa Recognized As The Leader In Islamic Finance In Oman
Bank Nizwa, Oman’s fastest-growing Islamic bank continues to excel in providing excellent customer …
Malaysia Should Lead Islamic Social Finance Endavors
According to the State of the Islamic Economy Report 2018/19, Malaysia has retained its status as …
Nigeria`s Growth Path In Islamic Finance
Mr. Banji Fehintola, Senior Director and Head of Treasury and Financial Institutions at the African …
Is There Any Takaful Product For The Poorest?
Is there a Takaful product tailored for the poorest communities? The International Shariah Research …
CIMB Expects To Increase Its Share Of SME Sector In Singapore
CIMB has set its sights on expanding its share of the SME sector in Singapore, with plans to …
IDB President To Chair Global Banking Meetings
In a landmark development for global finance, Dr. Bandar Hajjar, the President of the Islamic …
Four Key Trade Bodies Agree To Grow Green Sukuk Sector
Dubai Islamic Economy Development Centre has announced an agreement with the Dubai International …
Bank Nizwa Nurtures Growth of Omani Experts in Islamic Finance
Bank Nizwa, a pioneer in Islamic finance in Oman, proudly boasts a 91% Omanization rate, reflecting …
Four Iranian Banks Listed Among Top Islamic Banking
The Islamic financial market has been growing steadily, with various countries making significant …
The Next Step to Boost Islamic Finance Education
Islamic finance has emerged as a significant player in the global financial landscape in recent …
Islamic Fintech Pioneers Test Creative Ways to Engage Consumers
In 2015, Junaid Wahedna stepped out of a taxi in New York, bewildered by the conversation he had …
Increased Islamic Banking Penetration Supports Pakistani Banks’ Profitability
Moody’s Investors Service has in its report on Pakistan’s Islamic banking landscape highlighted the …
Malaysia to Boost Economy and Finances by Working on a Huge Trade Alliance
Malaysia is a small economy but has a big reputation in the world markets for its Islamic financing …
New Law to Boost Islamic Financing
The Bangko Sentral ng Pilipinas (BSP) is seeing more Islamic financing activities in the Philippines …
Revitalized Islamic Banking to Boost Financial Inclusion
The enactment of a new Islamic banking law will help the Philippines achieve better levels of …
Islamic Financial Instituitions Urged To Provide Training To Strengthen ISME Sector
KUALA LUMPUR (Aug 28): Islamic banking institutions in Malaysia have been urged to provide extensive …
Islamic Finance Is Thriving In Malaysia, Says BNM Governor
Malaysia’s Islamic banking industry is not only maintaining its position in the financial landscape …
Experts To Finalize Islamic Finance Regulations After Phiollpines Passes New Law
The enactment of a new Islamic banking law will help the Philippines bring about financial inclusion …
Malaysia To Focus On Halal, Islamic Finance Industries In Trade With Arab Countries
KUALA LUMPUR (Aug 14): Malaysia intends to keep its focus on the halal and Islamic finance …
Philpiines to Regulate Growing Islamic Banking
DAVAO CITY — The National Commission on Muslim Filipinos is pushing for the approval of …
RHB Tops MARC`s 2018 Debt & Sukuk League Table
KUALA LUMPUR: RHB Investment Bank Bhd (RHB IB) is named the top arranger by issue value of debt and …
Saudi Arabia Fines 16 Banks, Including Its Biggest Islamic Bank
Saudi Arabia’s central bank on Sunday fined 16 banks, including a UAE bank and some of …
Alliance Islamic Bank Launches Social Crowdfunding Platform
Alliance Islamic Bank Bhd (AIS), the Islamic banking arm of Alliance Bank Malaysia Bhd yesterday …
CollabDeen, A Muslim Community-Focused App Launched
CollabDeen is a Deep-Tech, AI-Powered, community management platform that helps faith-based …
Malaysia To Be A Global Islamic Finance Hub, Says Amiruddin
KUALA LUMPUR: Malaysia is on the right track towards becoming a leading global Islamic finance hub …
Saudi Banks Assets To Grow In Double Digits by 2020
RIYADH — Samba Financial Group, Saudi Arabia’s third-largest bank by assets, expects Saudi …
Malaysian Banks Encouraged To Use Waqf Funds To Boost Affordable Home Ownership
Kuala Lumpur : More banks should consider Waqf funding as a tool to collaborate with other …
Indonesia Raises $1.49b From Retail Sukuk
Indonesia has raised 21.1 trillion rupiah ($1.49 billion) through the sale of retail Islamic bonds, …
Mashraf Al Ryan To Debut Dollar Sukuk
Masraf Al Rayan, Qatar’s second-largest bank by market value, is eyeing a debut in the debt capital …
Etihad Credit, First Abu Dhabi Bank To Facilitate UAE Exporters
Etihad Credit Insurance (ECI) and First Abu Dhabi Bank (FAB) have partnered to help local …
QIB Issues $750m Worth Sukuk
(MENAFN – Gulf Times)
*The sukuk was met with strong investor demand as evidenced by the large …
UK, Turkey Push Islamic Finance Through Fintech
The UK and Turkey are collaborating to scale Islamic finance by leveraging the fintech sector, …
OIC Approves Waqf Fund To Support Palestinian Refugees
The United Nations Relief and Works Agency for Palestine Refugees in the Near East (UNRWA) warmly …
Blockchain Technology to Help Penang Track Halal Products
On March 1, 2019, Malaysian Deputy Agriculture and Agro-based Industries Minister Sim Tze Tzin …
IDB Hosts Public-Private Partnerships Forum 2019
President of the IsDB H.E. Dr. Bandar Hajjar, and the Minister of Economy and Finance for the …
Call To Adopt Islamic Economic, Banking System
LAHORE: Speakers at a conference stressed the need for adopting Islamic economic, finance and …
Qatar, Along With Turkey, Malaysia To Conquer Islamic Finance Market
DOHA — Qatar is planning an ambitious new initiative with Malaysia and Turkey to serve the $2 …
Yasaar Group To Open A Branch Office in Brunei
Yasaar Group’s strategic expansion into Brunei with a sub-office in Bandar Seri Begawan marks …
Brunei Darussalam Now Among Top 10 Islamic Finance Markets
Brunei Darussalam continues to be among the top 10 best-performing Islamic finance markets out of …
Asia’s Islamic Finance Industry Growing Stronger By The Year
Asia’s Islamic finance sector is rapidly solidifying its position as a major player in the …
Islamic Finance Body Pledges Relevance Amid Global Changes at CIBAFI Forum
The General Council for Islamic Financial Institutions (CIBAFI) has reaffirmed its commitment to …
Indonesia Central Bank Warns Against Cryptocurrency Businesses
Indonesia’s central bank, Bank Indonesia (BI), has recently issued a strong warning against …
Bank Of Palestine Group Announces New Structure
The strategy will focus on utilising the group companies’ strengths in order to maximise …
Icd And Afreximbank Sign $100-million Line Of Financing Agreement
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of …
Islamic Finance: A Powerful Tool to Address Pressing Development Challenges
Islamic finance, while representing a smaller portion of the global financial landscape, has …
Islamic Finance Should Fund Sustainable Development, UN Conference Told
New York- Islamic finance offers a promising alternative to traditional sources of funding and …
Growth Drivers Of Islamic Finance Trade Between Asia And The Middle East
Speaking at a conference in Singapore, Jacqueline Loh, Deputy Managing Director of the Monetary …
Why Islamic Finance Booming Around The Globe?
Islamic finance is rapidly emerging as a key player in the global financial landscape, with growth …
Malaysia’s Islamic Finance Industry Urged To Embrace Fintech
Islamic banks and financial service providers in Malaysia, which is currently riding out a slowdown …
‘Halal’ Is Not Just About Food – HDC
THERE is more to the halal industry than what meets the eye despite the religious code it …
Growth of Responsible Investment In Japan, Malaysia To Constitute Core Case Studies
Under the patronage of the Scottish Government and supported by the UK Government, the 2nd edition …
Fitch: Islamic Banking a Modest Deposit Stimulus in Morocco
Islamic banks, referred to as ‘participation banks’ in Morocco, are likely to provide a modest …
Islamic Banking Will Benefit Kenyans of All Faith
Bishop David Oginde’s opinion piece “Why expansion of Sharia laws remains perturbing” published in …
Push for Mergers Among Islamic Banks and Non-Bank Lenders in Malaysia
CONVENTIONAL banks aside, there is a push by industry players for mergers and acquisitions (M&A) …
Fitch Ratings Optimistic for Participatory Banking in Morocco
Rabat – Participatory banks can “modestly stimulate the growth of deposits in the country,” says …
Ithmaar Honours Staff Over Islamic Finance Training
Ithmaar Bank, a Bahrain-based Islamic retail bank, recently honoured 10 employees who earned …
Islamic Banking Gains Significant Market Share in Oman
Dubai: Islamic banking in Oman is growing at a faster rate than conventional banking segment, with …
Real Estate and Gold Driving UK Islamic Finance Offerings
UK Islamic Banks are expanding services to cater for London based property financing demand. QIB UK, …
Emirates Islamic is First Islamic Bank to Integrate Blockchain Technology into Cheques
Emirates Islamic has announced that it will introduce blockchain technology into its cheques as a …
Islamic Banking is For Everyone, say Kenyan Authorities
Islamic banking is quickly gaining popularity in the Kenyan market, and banks have been quick to …
Alizz Islamic Bank Shows keen Interest in Merger With United Finance
Muscat: Alizz Islamic Bank has expressed an interest in a merger with the United Finance Company, …
Clifford Chance Advises Oman on Sukuk Issuance
International law firm Clifford Chance has advised the Government of the Sultanate of Oman on its …
Alizz Islamic Bank Signs Pact With Orpic to Finance Petcoke Storage Project
Muscat: Alizz Islamic Bank signed an agreement with Oman Oil Refineries and Petroleum Industries …
Qatar Has Ninth-Strongest Islamic Finance Industry
The state of Qatar ranks ninth this year on the annually published Islamic Finance Country Index, …
Islamic Banks Expand, But ‘Double-Digit Growth Spree May be Over’
Islamic banks have continued to expand their balance sheets and capital buffers, but the era of …
How to Attain a Robust Islamic Financial System in Kenya?
Islamic Banking is emerging as a significant trend within the Kenyan financial landscape, showing …
Islamic Finance Transaction Broadens Investor Base In Nigeria
At the time of the issue, Andrew Alli, AFC president, and chief executive said: “The core values of …
Islamic Finance Can Reduce Poverty Worldwide
A report jointly published by the Islamic Development Bank (IDB) Group and the World Bank Group has …
Why Islamic Finance Benefits Everyone, Not Just Muslims
Islamic finance is often mischaracterized as a domain reserved exclusively for Muslims. However, its …
Islamic Banks’ Growth in Saudi Arabia to Continue Unabated
JEDDAH — S&P Global Ratings forecast oil prices will stabilize at $50 per barrel in 2017 and …
Meethaq Bank, Oman Posts Q1 results
Meethaq Islamic financing receivables rose to OMR 902 million of 31 March 2017 compared to OMR 665 …
Qatar First Bank Announces key Appointments
Qatar First Bank (QFB), a leading Shari’ah compliant bank based in Qatar, has announced several key …
Al Rayan Bank Opens New London Office to Meet Commercial Finance Demand
Al Rayan Bank has opened a new office in London’s West End to support its growing commercial finance …
ITFC to Sign $1bn Agreements to Boost Trade Development in Member States
JEDDAH: International Islamic Trade Finance Corporation (ITFC) is scheduled to sign deals on …
ICD Signs MOU to Introduce Islamic Banking in Azerbaijan
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of …
Malaysia Eyes Starring Role in Islamic Finance
Southeast Asia is enjoying rapid economic development, while many Muslims have become prosperous in …
Pak Govt Plans Rs125-150 Billion Ijara Sukuk Issue by July
KARACHI: The government is looking to raise as much as Rs150 billion by issuing fresh Ijara Sukuk in …
Halal Takaful Nigeria Distributes Surplus Bonus To Customers
The Islamic Insurance division of Cornerstone Insurance Plc, Halal Takaful Nigeria has distributed …
KPMG, Sberbank Agree on Counterpart Financing at Kazan Summit 2017
Baku, Fineko/ABC.az. The “Counterpart Financing: #NewReality” business breakfast, …
Bank Muscat’s Meethaq Islamic Finance Receivables Increase to OMR902m
Muscat: Bank Muscat’s Meethaq Islamic financing receivables rose to OMR902 million, as of March 31, …
Guyana and Suriname Finance Ministers to Attend Islamic Bank Meeting in Jeddah
JEDDAH, Saudi Arabia — The finance ministers of Guyana and Suriname, Winston Jordan and …
SEC Achieves Sukuk Rollover Transaction
Saudi Electricity Company (SEC) has announced the results of a special meeting of the holders of the …
AAOIFI Launches New Guidelines for Islamic Finance
As part of its consistent efforts to regulate the Islamic banking sector, The Accounting and …
Dentons Advises Damac on Tender Offer, New Sukuk Issuance
Law firm Dentons has advised Damac Real Estate Development Limited on its tender offer in respect of …
Islamic Financing can Facilitate Sustainable Developments: SC, World Bank
KUALA LUMPUR: The Securities Commission Malaysia (SC) and the World Bank Group say more sustainable …
Malaysian Banker Lobbies For Separate Listing of Islamic Shares
KUALA LUMPUR: The number of syariah-compliant stocks on the local bourse can be increased by …
Government of Dubai Repays $600m Sukuk Certificates
Dubai The Government of Dubai, acting through the Department of Finance (DOF), announced that the …
Cagamas Achieves Highest Turnover in Secondary Market for Fixed Income
KUALA LUMPUR (May 5): Cagamas Bhd achieved the highest secondary market volume in fixed income …
Islamic Banking Sector in Pakistan Progressing, Says Sindh Governor
Muhammad Zubair assured that federal government will provide every possible assistance in removing …
Islamic Finance Professionals Train Imams, Others In Nigeria
THE Lagos State government has commended the Institute of Islamic Finance Professionals (IIFP) for …
Cahya Mata Sarawak Issues RM500m Sukuk
Kuala Lumpur: Cahya Mata Sarawak Bhd (CMS) has made its first issuance of sukuk amounting to RM500 …
Saudi Arabia Sets Islamic Finance Benchmark with Record US$9bn Sukuk
After wowing the markets with its landmark US$17.5bn sovereign bond, the KSA repeated the trick on …
IFSB, DFSA Hold Seminar on Liquidity in Islamic Finance
KUALA LUMPUR, The Islamic Financial Services Board (IFSB) and the Dubai Financial Services Authority …
Workshop on Sukuk Model Law Project Held In Brunei
The Islamic Research and Training Institute (IRTI) and the Islamic Development Bank (IDB) organized …
IDB to Discuss ‘Youth Empowerment’ In OIC Countries
JEDDAH, Saudi Arabia, May 1, 2017
JEDDAH, Saudi Arabia, May 1, 2017
Aiming to Connect Education to …
Agrani Bank Bangladesh Starts Offering Islamic Banking Services
Agrani Bank Limited, a leading state-owned commercial bank with 935 outlets throughout Bangladesh, …
Surging Demand for Islamic Finance Expertise Untapped by Kenyan Universities
Higher education institutions in Kenya are yet to tap into the growing and lucrative demand for …
Emirates Islamic Offers Bonus Skywards Miles
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a mega …
Dubai Financial Services Authority Co-hosts Seminar On Islamic Finance
The Dubai Financial Services Authority (DFSA) hosted a seminar on “Liquidity Generating Innovations …
Is Dominance of Sukuk Issuance Shifting to Saudi Arabia?
WHAT is the total volume of foreign currency sukuk issued in Saudi Arabia and Malaysia in Q1 2017? …
Aneka Gas Industri, Indonesia to Raise Rp 400b From Bond Sale in May
Jakarta. Aneka Gas Industri, Indonesia’s largest supplier of industrial gas, is planning to …
Solid Growth in Islamic IAs Expected to Normalise
INVESTMENT accounts (IA) in the Islamic banking industry have grown at a strong pace since they were …
‘Fintech’ Seen Changing Old Models of Islamic Finance
Islamic finance, which has enjoyed double-digit growth rates over the past decade with total assets …
Saudis Pick Dublin for Record Islamic Finance Bond Deal
Saudi Arabia listed its biggest ever sharia-compliant bond, known as a sukuk, on the Irish Stock …
Japan Keeps Making Inroads into Global Islamic Finance
The world’s third-largest economy, Japan, continues foraying into the global Islamic finance sector …
Uganda Ready to Welcome Qatar’s Islamic Banks
The Republic of Uganda, which is working aggressively to attract Qatari investors to all sectors of …
Sohar Islamic Participates In Intercollegiate Career Fair
Muscat – In line with its core values of supporting the community in the sultanate and …
Ibdar Bank Appoints Ayman Sejiny as CEO
“I am pleased to welcome Ayman Sejiny as Chief Executive Officer of Ibdar Bank. Ibdar is building a …
QIB-UK Finances Buy-to-Live Properties in London
QIB-UK, a wholly owned subsidiary of QIB Group, has received official licensing to directly provide …
Bank Nizwa Appoints Dr Mansour Alqudah as Head of Shari’a Compliance
Bank Nizwa announced the appointment of Dr. Mansour Ali Muhammad Alqudah as its new Head of Shari’a …
With ‘Charity House’, Islamic Banking Eyes Welfare and Image Overhaul
KUALA LUMPUR ― Nearly three decades old here, Islamic banking is still grappling with perception …
Malaysia Leads in Issuance of Sukuk Bonds
Kuala Lumpur:- Malaysia is leading in issuance of Sukuk bonds with a ratio of 1:1 as compared to …
Ummah Finance to Become First UK-Based Mobile Islamic Bank
Ummah Finance aims to be “the first UK born Islamic bank solely set up and operating from London”, …
New Rules for Zakat, Tax Collection OK’d In Saudi Arabia
Riyadh: — The Council of Ministers on Monday approved new regulations to enable the General …
Bank Nizwa Launches ‘Islamic Finance Knowledge Series’ 2017
Bank Nizwa launched the 2017 edition of its ‘Islamic Finance Knowledge Series’ with several …
Proposed New Sukuk Guidelines to Boost Standardization of Rules
Dubai: New proposals by Accounting and Auditing Organization for Islamic Financial Institutions …
Kenya Plans New Capital Markets Regulations to Tap Islamic Finance
The Capital Markets Authority (CMA) CEO Paul Muthaura said the move will pave way for the issuance …
UK Develops New Liquidity Tools for Islamic Banks
In its quest to cement London’s status as one of the leading Islamic finance centres in the Western …
Book on ‘Islamic Financial Services’ Launched In Karachi
Dr. Karim Ullah, from IMSceinces Peshawar and Dr. Wafi Al-Karaghouli, from Brunel University London, …
Sharia Finance Growing In NZ, but not Big Enough to Change Banking Compliance Mechanism
New Zealand’s Muslim population is not big enough to see a growth of Shariah-compliant banking …
Algeria Warily Edges Toward Islamic Finance
ALGIERS: When experts in Islamic banking gathered earlier this year at a state-run hotel in Algiers …
Bank Muscat’s Meethaq to Finance Poultry Farm Project
OMAN – Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, signed an agreement …
Amended Laws to Boost Islamic Finance In Kenya
Amendments to financial services regulation laws will be in place by June to facilitate speedy …
XL Axiata, Indonesia to Offer Rp 2.18t Islamic Bonds
Jakarta. XL Axiata, Indonesia’s second-largest mobile phone operator is planning to raise Rp …
Meezan Bank, PIM to Collaborate in Education, Training
Meezan Bank and Pakistan Institute of Management (PIM), the pioneer of executive development in …
Tehran, Kuala Lumpur Draft Banking Coop. Agreement
TEHRAN, Apr. 09 (MNA) – On the sidelines of ISBF annual meetings in Kuala Lumpur, central banks of …
Philipines Could be a Leading Halal Exporter in 2 Years, Says MinDA Chief
KUALA LUMPUR, Malaysia – The Philippines may be exporting products to the biggest halal markets in …
Bahrain’s Islamic Banking Experience Praised
Manama, Apr. 2 (BNA): The General Council for Islamic Banks and Financial Institutions (CIBAFI) has …
ICD Signs MoU to Test New Banking Model
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of …
Global Islamic Banks Well-Capitalised to Weather Challenges
KUALA LUMPUR: While global Islamic banks are expected to experience slow loans growth this year due …
Rotich’s Budget Paves Way for Streamlining of Islamic Finance In Kenya
The government has unveiled a package of initiatives under its latest budget to develop Islamic …
Demand Growing For Fintech In Islamic Banking Industry
KUALA LUMPUR: The Islamic Financial Services Board (IFSB) sees growing demand for financial …
Halal Showcase Courts High Foreign Participation At MIHAS
KUALA LUMPUR: The world is increasingly aware of the economic power of halal goods and this has been …
UK Based Islamic Bank to Waive Admin Fee for Refinance Customers
The ‘fees-assisted’ range will see the lender assist with customers’ refinance costs by waiving or …
Tawarruq – the ‘New Kid’ On The Block in Islamic Banking Industry?
‘Tawarruq’ has become a new phenomenon in the Malaysian Islamic banking system, particularly after …
Why Pakistan’s Islamic Banking Industry Can Only Get Better?
Islamic banking is growing in Pakistan. This is the view of Islamic scholars who spoke at a seminar …
TN50 TO Boost Prospects for Sukuk Market
National Transformation 2050 (TN50) plans to provide support Malaysian Sukuk market in medium to …
Bahrain’s Islamic Banking Experience Praised
The General Council for Islamic Banks and Financial Institutions (CIBAFI) hosted an incisive …
Islamic Financial System Discourages Accumulation of Wealth: Expert Says
LAHORE – Islam’s finance and banking system discourages accumulation of wealth in few …
PHL Firms Eye $2-Trillion Halal Market Globally
Thirty Philippine companies, including San Miguel PureFoods, Century Pacific and Fisher Farms will …
Turkey Borrowed $1.25 Bln in Treasury Sukuk Issue -Bankers
ANKARA, March 30 – Turkey borrowed $1.25 billion through a six-year, dollar-denominated sukuk …
The Growing Demand for Sharia-Compliant UK Property Funds
Investment based on Sharia principles has existed in the UK for over 30 years, but only in the past …
Bahrain’s IIFM and ISDA Publish Islamic Credit Support Deed for Variation Margin
Manama, Bahrain, 30th March 2017 –The International Islamic Financial Market (IIFM) and the …
Bank Alfalah Partners with AlHuda Centre of Islamic Banking & Economics to Promote Islamic Finance
Pakistan’s leading financial institution Bank Alfalah has entered into an agreement with AlHuda …
Turkey’s Grain Board TMO, Gap İnşaat to Sell Islamic Bonds
Turkey’s state grain board TMO and construction firm Gap İnşaat have received regulatory …
DIB Inaugurates Panin Dubai Syariah Bank in Indonesia
DIB has celebrated the launch of Panin Dubai Syariah Bank in Indonesia, in the presence of DIB Group …
Kenyan Financial Regulators Keen on Shariah
Financial sector regulators are optimistic National Treasury CS Henry Rotich will include proposed …
Malaysia Pushing for Another Round of Bank Mergers?
Malaysia has apparently started a new round of its financial sector rationalisation plan, a source …
Islamic Finance Aims for Easier Sukuk Investment
Abu Dhabi- Two top standard-setting bodies are proposing new guidelines for Islamic bonds that …
Qatar Shares Edge Higher Amid Strong Realty Buy Interest
The Qatar Stock Exchange opened the week on a marginally stronger note despite strong buying in the …
Islamic Finance Needs To Emphasize Capital Market Development
Development economists often divide the overall economy into two sectors; the real and financial …
International Islamic Trade Finance Corporation (ITFC), WTO To Jointly Support The LCDs
The International Islamic Trade Finance Corporation (ITFC) (www.ITFC-IDB.org), member of the Islamic …
CIBAFI Submitted Comments to the Basel Committee on Banking Supervision (BCBS)
Aligned with its role as advocate of the Islamic Financial Services Industry (IFSI), the General …
Al Rajhi Malaysia To Tweak Its Growth Strategy
LAST year, in charting its future, Al Rajhi Banking and Investment Corp (M) Bhd (Al Rajhi Malaysia) …
FBR, Pakistan Suggests Shariah-Compliant Criteria For Companies
The Federal Board of Revenue (FBR) has proposed Shariah-compliant criteria for companies whose …
India Shelves The Idea Of Islamic Banking Amid Criticism From Hindu Majority
(MENAFN – Gulf Times) A few months ago, the path seemed to have been cleared for the …
Meydan Secures $272m Of Islamic Financing From ADIB
The deal will help finance developer’s current and future projects including those along the …
Is Islamic Banking Ready To Embrace Fintech?
Is Islamic banking ready to embrace fintech? The short answer is yes. There are a lot of Islamic …
Islamic Finance A Possible Funding Source In The Wake Of Low Oil Prices
Islamic finance will need to play a pivotal role in meeting the increasing demand for funds …
Qatari Islamic Banks Negotiating A Possible Merger Deal of $44 Billion
Doha, QATAR: Wooden dhow boats are docked 06 September 2006 along the corniche in front of the Qatar …
Standard Chartered Launches Islamic Saving Accounts For Institutional Clients
Standard Chartered Bank has announced the launch of its Islamic Saving Accounts for its Corporate …
Kenyan Regulators To Seal Loopholes In Islamic Finance Industry
Nairobi:- When Peter Njuguna received an application for an Islamic Sacco, he nearly approved it. …
Kuwait Finance House Termed The Best Islamic Bank In The World
Consistent with its central role of producing groundbreaking and game-changing research works, The …
Digitization of Islamic Banks A Must For The Growth of Islamic Finance
Digitization of Islamic banks is a must for the growth of the Islamic finance industry. Although the …
Islamic Corporation for The Development of The Private Sector, Affin Islamic Bank To Strengthen Strategic Collaboration in Asia
The cooperation reflects ICD’s ambition to expand its geographic footprint and exert its influence …
Oman- Meethaq, Moe Join Hands To Train 4,000 Students In ‘Little Investor’ Programme
(MENAFN – Muscat Daily) Muscat- Coinciding with the new academic year, Meethaq, the pioneer of …
Can We Take Loans With Interest To Buy An Apartment?
When the question arises, “Can we take loans with interest to buy an apartment?” the …
$11 Trillion Muslim Wealth Mountain Calls To Asian Fund Managers
The race to tap an $11.5 trillion pool of wealth held by Muslim individuals, institutions and …
Indonesia Looks To Islamic Finance For Infrastructure Projects
JAKARTA — Measures to boost Indonesia’s relatively small Islamic finance sector could …
MUFG Sets Up RM 20Bln Islamic Auto Loan Securitisation Program In Malaysia
TOKYO: Mitsubishi UFJ Financial Group (MUFG), one of the largest bank in the world, and a key player …
Islamic Wealth Management Sector Growing Fast In Malaysia
Prime Minister Datuk Seri Najib Tun Razak announced today that Malaysia is setting its sights on …
Commercial Bank of Dubai Appoints New COO
In his previous role, Kumar was the Chief Operating Officer at Qatar Islamic Bank in Doha. With over …
Bahrian`s Bank ABC Appoints New Head Of Financial Institutions
Bahrain-based Bank ABC has announced today the appointment of Fouad Salame as group head of …
Meethaq Launches Innovative Online Portal for SMEs
Muscat: Meethaq, the pioneer of Islamic banking in Oman from Bank Muscat, launched a digital …
Bank Of Uganda Clears Islamic Financial Products For Business
Kampala:- The Bank Of Uganda has cleared Islamic bank products for business in the country6. …
Malaysia Names Zeti’s Deputy As New Central Bank Governor
Malaysia named central bank Deputy Governor Muhammad Ibrahim as successor to Governor Zeti Akhtar …
Zurich Insurance Takes Over MAA Takaful In Malaysia
Zurich Insurance has been given the go-ahead to take full control of MAA Takaful in Malaysia. MAA …
Pakistan To Use Islamic Finance For Infrastructure Deals
Pakistan is stepping up its use of sharia-compliant financing to fund infrastructure deals, which …
Volumes Of Sukuk Issues May Hit $55b In 2016
Sukuk issues volumes will reach $50 billion to $55 billion in 2016, according to Standard & …
Islamic Finance Needs To Be Relevant, Responsive
Predicting the future of Islamic finance requires more than just looking at past trends. In today’s …
Dubai Emerges As A Capital Of Islamic Economy
Following a total of seven Sukuk listings this year by regional and international issuers, the total …
Dubai, Chinese Firms To Launch Islamic Fund To Invest In China
Dubai:- Shariah-compliant firm Mawarid Finance and Fullgoal Asset Management from Hong Kong will …
Bank Muscat Posts A Net Profit Of 43.8 Million In Q1, 2016
Net Interest Income from Conventional Banking and Income from Islamic financing stood at OMR 68.04 …
Turkey Appoints A Social Scientist-Turned Islamic Finance Expert As Governor Of Central Bank
Istanbul:- The Turkish government has chosen Murat Çetinkaya, a deputy Central Bank governor, to be …
Pakistan Eyes Rs100bln In Islamic Bonds For Hydropower Project
DUBAI: Pakistan’s government will guarantee Rs100 billion ($955 million) worth of Islamic …
Shariah Committee In Indoensia To Run Islamic Financial Architecture
Jakarta-Sofyan Djalil, Minister of National Development Planning, said that the National Sharia …
Maybank To Strengthen Operations In ASEAN
Kuala Lumpur:-: Malayan Banking Bhd (Maybank) has outlined five strategic objectives for the group …
Standard Chartered Expands Islamic Finance Services In Pakistan
Karachi—Standard Chartered Saadiq, the dedicated Islamic Banking division within Standard Chartered …
How Islamic Finance Can Boost Australia`s Financial Sector?
With the Islamic finance industry surpassing US$2 trillion in assets, and continuing to grow at a …
ICD, Saturna Berhard Partner On Sustainable Islamic Investing
Kuala Lumpur: — Islamic Corporation for the Development of the Private Sector (ICD) …
First Islamic Bank Opens In Russia
Russia’s first Islamic banking centre, operating under the principles of Southeast Asia and …
Indonesia Revels In Record-Breaking $2.5bn Sukuk Issuance
Jakarta: – Indonesia has broken several records in the finance industry recently with a hot …
Saudi Arabian Airlines Seeks $1.3bn Sukuk To Expand Fleet
National carrier Saudi Arabian Airlines (Saudia) is seeking to raise 5 billion riyals ($1.3 billion) …
Malaysia`s RAM Ratings Expects RM120bln Of Sukuk Issuance In 2016
Kuala Lumpur:- Malaysia is expected to sustain its momentum this year with the issuance of between …
UAE To Introduce Higher Sharia Board To Strengthen Islamic Finance Industry
The UAE will introduce a Higher Sharia Board soon to strengthen consistency and consultation across …
Disbursal Programs Deter Islamic Finance Growth In Indonesia: Says IDB
Jakarta: – Islamic financial institutions work separately in Indonesia, making their growth …
Saudi Lender To Help Introduce Islamic Finance In India
Mumbai: – Stating that Islamic finance offers advantages like lower bad loans, an arm of …
Japan’s BTMU Starts Offering Shariah-Compliant Loans Through Its Local Subsidiaries
Tokyo — Bank of Tokyo-Mitsubishi UFJ of Japan becomes the first-ever Japanese bank to start …
DIFC Joins Luxembourg Islamic Finance Talks
Dubai: A delegation from Dubai International Financial Centre (DIFC) has participated in the …
National Bonds Distributes Dividends To Its Shareholders
Dubai:- National Bonds Corporation PJSC (National Bonds), the UAE-based Shari’ah-compliant savings …
KSE Market Capitalization Rises To KD 25.25 Bln
Kuwait: – The KSE indices all continued to witness gains, as oil prices surge, the market …
DAFZA Posts 7% Revenue Growth In 2015
Dubai:- The Dubai Airport Freezone Authority (Dafza) posted yet another banner year in 2015, …
Malaysian Capital Market Expects Fundraising Of $19.4b This Year
Kuala Lumpur: – The Securities Commission Malaysia (SC) expects fundraising activities in the …
Islamic Banks` Market Share In Oman Set To Reach 10% By 2018
Muscat: Oman’s Islamic financial institutions are showing robust growth with the value of gross …
Why Islamic Finance Is Booming Around The Globe?
There is no doubt that Islamic finance is growing around the world. Sector expert Camille Paldi says …
Pakistani Banks To Reach Out To Unbanked Masses
Pakistan’s economy presents great opportunities for the banking sector. Habib Bank is hoping to …
IsDB Debuts Sukuk Worth $US1.5bln
Jeddah — In a recent development that highlights the global reach and scale of Islamic finance, the …
Kuwait Investment Forum To Hold Seminar On Kuwaiti Economy
KUWAIT: Kuwait Finance House (KFH) announced its participation in the Kuwait Investment Forum slated …
Indonesian Central Bank Sets Rules For Islamic Forex
JAKARTA — Indonesia’s central bank has issued new rules authorizing shariah-compliant …
Malaysian Central Bank Governor Zeti Akhtar To Leave Office
Zeti Akhtar Aziz, one of Malaysia’s most respected financial figures, will be stepping down …
Nigeria Sets Up Committee To Advise On First Sovereign Sukuk
By Oludare Mayowa and Chijioke Ohuocha
LAGOS Feb 18 (Reuters) – Nigeria has set up a …
Bank Of England To Establish Shari’a-Compliant Borrowing Facilities For Islamic Banks
The UK’s central bank is seeking views on the best way to extend its liquidity and deposit …
Australia Sees Steady Uptick In Realty Deals Using Islamic Finance Options
Australia has begun to see a steady stream of property deals using Islamic financing as the …
Pakistan’s Central Bank Expands Local Currency Sukuk Sales
Feb 8 Pakistan’s central bank is expanding issuance of local currency Islamic bonds (sukuk), …
Dubai Islamic Bank Seeks Nod To Raise Ceiling For Tier 1 Capital by $750 Mln
DUBAI, Feb 8 (Reuters) – Dubai Islamic Bank ( DIB ) said on Monday it was seeking shareholder …
Prospects For Islamic Finance Remain Strong Despite Oil Price Woes
KUALA LUMPUR: The prospects for Islamic finance remain strong given the growing interest towards …
Iran Set To Shake Up The Global Islamic Finance Industry
Now that most economic sanctions on Iran have been lifted, the international Islamic finance …
Islamic Banking Takes A Leading Role In Saudi Arabia, Says Fitch
In a new report, Fitch Ratings says Islamic finance is a mature and developed industry in Saudi …
Islamic Finance Operates In Tough Environment, Says Zeti
Kuala Lumpur: The global Islamic financial system is now operating at a time when the international …
Islamic Finance: Implications For The Global Economy
As more Western companies do business in the Middle East, Islamic finance has become an increasingly …
Malaysian Astronaut Starts Aladdin, A Halal Competitor To Amazon, Alibaba
Kuala Lumpur: — Malaysia’s first and only astronaut to date, Datuk Dr. Sheikh Muszaphar Shukor …
Are Islamic Banks Adding Any Economic Value?
Imagine a banking system that promises not just financial growth but also fairness, ethical …
Islamic Finance Set Sights on Standard for Gold-Based Products
A top guideline-setting body for Islamic finance is developing a standard for gold-based products in …
Dubai Is Leading The Revolution In Islamic Banking, says Dr. Adnan Chilwan
Since its inception, modern Islamic commercial banking has been intrinsically linked with the UAE. …
EY: Islamic Banking Poised To Grow Despite Economic Uncertainty
EY and WIBC shared preliminary insights from the much-awaited World Islamic Banking Competitiveness …
Doubling Of Islamic Finance Assets To Give Impetus To SMEs
$1.8tr worth Islamic finance sector most developed sector in Islamic economy
Islamic finance may see …
Economist Urges Top Islamic Finance Body To Cut Risks
One of the most prominent economists in Islamic finance has called for the creation of an “apex …
MUFG Japan Breaks Into Islamic Finance
Mitsubishi UFJ Bank Japan has made a significant move in the Islamic finance sector with the launch …
Is Indonesia Lagging Behind Malaysia in Islamic Finance?
In the dynamic landscape of global Islamic finance, Southeast Asia emerges as a battleground with …
Malaysia Commits to Improve and Strengthen Islamic Financial Market
Malaysia has reaffirmed its unwavering commitment to bolstering the Islamic financial market, …
Tougher Times Ahead For Islamic Finance As Core Markets Slow
DBS Bank’s recent decision to wind down its joint venture with Gulf investors highlights …
Qatar Islamic Bank Mandates for Sukuk Issuance
Qatar Islamic Bank (QIB), has mandated Barwa Bank, Citi, HSBC, Noor Bank, QInvest, and Standard …
Islamic Halal Economy Set To Grow — Experts
DUBAI — The halal economy is set to grow as the world’s Muslim population expands and more products …
How To Ensure Financial Inclusion?
In an era where economic disparities continue to widen, the concept of financial inclusion has …
Ex-Merrill Lynch Banker Takes On Male-Dominated Islamic Finance Industry
Samina Akram left her job at Merrill Lynch International Bank eight years ago to start her own …
Alizz Islamic Bank Achieves Investment Grade Credit Rating
MUSCAT: Alizz Islamic Bank (SAOG) has been assigned by Capital Intelligence (CI), the international …
UK Banks Arrange First Islamic-Structured Helicopter Financing Deal
The Bank of London and the Middle East (BLME), a Sharia compliant bank based in London along with …
Turkey: Islamic Finance System In Turkey
The Islamic finance system has arisen due to various religious and economical reasons and, in …
Kuveyt Turk Subsidiary Opens For Islamic Business In Frankfurt
KT Bank is the first bank in Germany to offer a comprehensive range of financial products and …
Capital Intelligence Lowers KFH’s Financial Strength, Long-Term Foreign Currency Ratings
Capital Intelligence (CI) has lowered the Financial Strength Rating (FSR) of Kuwait Finance House …
KFH Posts Net Profit Of KWD 62.3 Million In H1 2015 An Increase By 14.1 Per Cent
Kuwait Finance House (KFH) has achieved net profit of KWD 62.3 million for the first half of 2015 …
Bank ABC Islamic Announces 47% Increase In Half-Year Profit to US$10.9 Million
Bank ABC Islamic today announced that its net profit for the first half of 2015 was US$10.9 million, …
Indonesia Vying To Host World Islamic Infrastructure Bank
Indonesia is currently competing against Turkey in a bid to host the World Islamic Infrastructure …
Malaysia Expects Its Islamic Finance Sector To Grow By 18% Annually
The Shariah-compliant banking sector in Malaysia, already among the largest in the world by assets, …
Bank Of Tokyo-Mitsubishi UFJ Gets Dubai Islamic Finance Licence
Japan’s Bank of Tokyo-Mitsubishi UFJ (BTMU) said it had obtained permission from the Dubai …
Knowledge Of Islamic Finance Mandatory For Every Muslim: Prof Irfan Shahid
Chennai: Asserting that acquiring knowledge of Islamic Finance (Ilmul Muamilat) is mandatory for …
Islamic Finance Poised To Jump On The Asian Infrastructure Bandwagon
Islamic finance aims to move into longer-term infrastructure projects in Asia, and, Africa, as …
Japan’s 3 Major Banks Eye Islamic Finance Services Overseas
TOKYO – Japan’s 3 megabanks are trying to conceive how they will offer financial …
Belgian University Launches Diploma Courses In Islamic Finance
The School of Management of the University of Louvain in Belgium launched a diploma in Islamic …
Gulf Bank Joins Hands With National Fund’s SME Debt Program in Kuwait
Developed by the Kuwait National Fund for SMEs Development and established under law to encourage …
Turkey’s Bank Asya Sells Stake In Tamweel Africa To ICD
In a statement to Borsa Instanbul on 8 January, Bank Asya (Asya Katilim Bankasi) revealed it is …
Bangladesh To Seek ITFC Funds At Reduced Interest Rates
Bangladesh bids for further cut in interest rate on loan from the International Islamic Trade …
Top Four Reasons To Ban Interest From Banks
The author of this blog post and President of the Japan Institute Of Islamic Finance (JIIF), H. …
Islamic Financial Services: SBP To Launch 3rd FICF Round On January 9
State Bank of Pakistan will launch the 3rd Financial Innovation Challenge Fund (FICF) round on 9th …
Is Japan Ready To Enter Into the Field Of Islamic Finance Yet?
Although Japan is the third-largest economy in the world, it does not yet allow its banks to involve …
DIEDC Sets Ambitious Course Ahead to Achieve Dubai’s Islamic Economy Goals
Board Reviews Initiatives, Progress and Outlines Future Plans
Dubai – His Excellency Mohammed …
12th Islamic Financial Services Board Summit To Be Held In Almaty
The 12th Sammit of the Islamic Financial Services Board (IFSB) will take place in Almaty from May 19 …
Scarcity Of Professionals Hurting Islamic Finance Industry
As we mentioned in one of our previous articles on this website, the Islamic banking & finance …
Jordan Likely To Issue Islamic Sukuk Next Month
Jordan likely to issue Islamic sukuk next month.
The Central Bank of Jordan (CBJ) is likely to begin …
IDB, AfDB, Others Partner For Islamic Banking Workshop
The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank Group and the …
The 12th IFSB Summit To Be Held In Almaty, Kazakhstan
The Islamic Financial Services Board (IFSB) is pleased to announce that the 12th Annual Summit will …
Saudia: A Game-Changing Strategy For Al Kifah Holdings Financial Arm
Tamweel for trading & Installment Company ( TTIC ) assigns Shariyah Review Bureau as it …
2nd Islamic Economy Awards presentation On January 14
Initiated by the Dubai Islamic Economy Development Centre (DIEDC) and organised by the Dubai Chamber …
NCB Capital Wins Best Asset Manager In The Middle East Award
NCB Capital has won the Best Asset Manager in the Middle East Award at the Islamic Business & …
Bahrain’s Banks Maintain Growth Momentum, Says Bahrain Association Of Banks
Bahrain hosts 404 financial institutions of which 116 are banks. Of these 29 are retail banks and 76 …
NBK Capital MENA Initiates ADIB Egypt With BUY
NBK Capital MENA initiated coverage of ADIB Egypt (ADIB) on 28 December with a “Buy” recommendation …
Islamic Finance Industry Goes Global – Dr. Adnan Chilwan
Islamic finance has witnessed remarkable growth over the last four decades since the establishment …
“KFH” Wins “Bank Of The Year Kuwait” 2014 Award From “The Banker”
Kuwait – The Banker Magazine, a publication owned by The Financial Times, awarded Kuwait …
Turkish Unit Of Kuwait Finance House Secures $350 million Islamic Loan
The Turkish subsidiary of Kuwait Finance House (KFH) has secured a $350 million syndicated Islamic …
Islamic Banks To Dominate Financial Sector In Brunei Darrussalam
Brunei’s financial system is transitioning to one in which Islamic banking and takaful will be …
Dubai Closer To Becoming Islamic Finance Hub
The global Islamic economy continued to grow in 2014, and Dubai made solid progress towards its …
BisB Wins Best Islamic Bank In Bahrain Award
Bahrain Islamic Bank (BisB) has won the British publication International Finance Magazine’s …
Islamic Banking & Finance Outlook In 2015
The Industry will gain Historical success during this year, thorough Analysis of Zubair Mughal, in …
SBP Moves To Islamise Banking In Pakistan
Karachi- An extensive KAP Study of the State Bank of Pakistan (SBP) established the demand for …
ADIB Egypt Named Best Commercial Bank In Africa
Cairo: Abu Dhabi Islamic Bank (ADIB) Egypt was recently named the “Best Commercial Bank in …
ADFD Playing An Active Role In Moroccan Development
Abu Dhabi Fund for Development (ADFD) has played an active role in supporting sustainable …
KFH Renews Strategic Partnership With Islamic Finance Club
Kuwait, Kuwait Finance House (KFH) has renewed its strategic partnership with the Islamic Finance …
CPI Financial: KFH Best Islamic Bank In The World
Group Banks in Bahrain, Malaysia Best in Middle East and Asia
Kuwait – Kuwait Finance House …
Sohar Islamic Launches Internet Banking
Complementing the recent launch of its SMS banking services, Sohar Islamic – Bank Sohar’s Islamic …
First-Ever Islamic Finance Institute Established in Japan
Tokyo — Hitech Solutions, a privately held company based in Tokyo, has announced the …
Islamic Finance Not Confined To Muslim Countries
In today’s interconnected financial landscape, Islamic finance is emerging as a powerful and …
Qatar: Barwa Bank Wins Big At Islamic Finance Awards
Qatar based Barwa Bank, has been named as the “Best Sukuk Arranger” and “Best Corporate Bank” at the …
South Korea Preparing Islamic Finance Tax Rules
At a roundtable in Pyeongchang, the CEO of the Franco-American Alliance for Islamic Finance (FAAIF), …
ADCB Islamic Banking Brings International Awards Collection To 13
Abu Dhabi – Abu Dhabi Commercial Bank ( ADCB ) Islamic Banking has been awarded as the 2014 …
S&P: Bahrain Mumtalakat Holding Co. Outlook Revised To Negative
Standard & Poor’s Ratings Services today revised its outlook on Bahrain-based Mumtalakat …
FGB And NCB Finance Etihad’s Boeing 787-9 Dreamliner
Etihad Airways has selected Abu Dhabi-based FGB and The National Commercial Bank (NCB) of Saudi …
OIC Markets Projected To Grow At 5.4pc
Organisation of Islamic Cooperation (OIC) markets are projected to grow at an average of 5.4 per …
Islamic Banking Thriving In Oman
Islamic banking in Oman is expected to grow at double-digit rates as sharia-compliant banking …
ADIB Receives Awards By The Banker Magazine And Global Finance Magazine
Abu Dhabi – Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services …
Amundi’s CIO Braces For 4% Sukuk Yields On Oil: Islamic Finance
Islamic global bond yields may rise more than one percentage point next year to approach 4 percent …
Aafaq Wins ‘Best Finance Company’ Category Of CPI Financial’s 2014 Awards
Aafaq Islamic Finance has been awarded as the ‘Best Finance Company’ category during …
Barwa Bank Take Home Two Awards At The Islamic Business & Finance Awards 2014
Barwa Bank, Qatar’s fastest growing Shari’ah compliant banking service provider, has been …
Islamic Bank of Britain Shareholders Approve Change In Name To Al Rayan Bank
Islamic Bank of Britain plc (IBB), (www.islamic-bank.com), the UK’s only wholly Sharia compliant …
ADIB provides AED 1 Billion Finance Facility To Baniyas Investment & Development Company
Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services group, has finalized a AED 1 …
Sohar Islamic Receives Best Branding Award From CPI Financial
In recognition of its role in championing the growth and expansion of the Islamic financial sector …
World Islamic Economic Forum WIEF Eyes New Heights In S. Korea
PYEONGCHANG (South Korea): The 2014 World Islamic Economic Forum (WIEF) Foundation Roundtable is set …
Korean Companies Seeking To Enter Islamic Market
Talent Cosmetic is the first Korean cosmetics brand to receive halal certification from the …
Mawarid Finance Wins The Best Business Finance Company Award 2014
Mawarid Finance the Islamic financial institution in the UAE has won the Middle East Best Business …
Bank Nizwa’s Shari’ah Supervisory Board Assesses Extension To Islamic Finance Offerings
Bank Nizwa recently held its 11th Shari’ah Supervisory Board meeting to discuss proposals for …
Mashreq Al Islami Named Best Islamic Window At The Islamic Business & Finance Awards
The Islamic banking division of Mashreq, Mashreq Al Islami was announced the winner of Best Islamic …
Malaysia On Track To Become International Islamic Financial Hub
KUALA LUMPUR, — Malaysia is on track to become an international Islamic financial hub …
Japan Can Get Better Financial Positioning In Int’l Market Through Islamic Finance
Dubai – UAE: Japan, a country renowned for its low or even negative interest rates and as the …
Private-Sector Moves Keep Tunisia’s Islamic Finance Hopes Alive
Tunisia’s Amen Bank launched two Islamic mutual funds this week while a leasing company prepares to …
Hong Kong To Keep Momentum On Becoming Islamic Finance Center
Hong Kong, known for its robust conventional finance scene, is striving to become a hub for Islamic …
Islamic Investment Forum Brings Global Investors And Opportunities Together
Organisation of islamic cooperation markets projected to grow at average of 5.4%.
Manama: Bahrain …
Malaysia On Track To Become International Islamic Financial Hub
KUALA LUMPUR, Malaysia is on track to become an international Islamic financial hub following …
Kenya Holds Meeting To Promote Islamic Finance
NAIROBI, Efforts by Kenya to promote the development of the country as a centre of excellence in …
Kenya: Treasury Out To Accommodate Islamic Financial Products Within Capital Markets.
The National Treasury is in the process of appointing a steering committee to oversee the …
IFM’s London Summit Gives A Fillip To Islamic Finance
LONDON, Being the Only Alternative to the Existing System of Finance, the Challenges to Widespread …
Dubai: Sustainability In Islamic Finance In Focus At CFA Event
CFA Institute and CFA Society Emirates, the local UAE member society of CFA Institute, hosted a …
African Islamic Finance To Be Highlighted At Upcoming Conference In Khartoum
The International Forum on Islamic Finance (IFIF Sudan 2014) is being convened on the 9th and 10th …
Mideast Stocks-Gulf Stock Markets Plunge On Weak Oil; Saudi Down 2.9%
DUBAI, Stock markets across the Gulf dropped sharply in a panic sell-off on Tuesday after the price …
Sri Lanka Receives $1.42 Billion As Foreign Direct Investment Last Year
Islamic Finance has garnered an increased interest in the last few years and has the potential to …
UK: SEIS Fund Becomes Shariah Compliant
The UK’s first Shariah complaint Seed Enterprise Investment Scheme (SEIS) fund has now been …
Trade Finance, The Islamic Way
Islamic lenders need to improve their efficiency and increase penetration in predominantly Muslim …
Islamic Banking Assets To Exceed $778 Billion In 2014: Report
DUBAI: Islamic banking assets with commercial banks in international markets are set to exceed a …
Deloitte Launches The 2014 Takaful Insurance Report In Islamic Finance
Despite the global Takaful insurance market exhibiting impressive double digit growth of 18% over …
Could Islamic Finance Save Capitalism?
Is there a place for ethics and morality in the global economy? Should we continue to rely on …
After Western Sukuk Debuts, Islamic Finance Looks To Emerging Sovereigns
LONDON: This year’s rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance …
Rapid Islamic Finance Growth
ISLAMIC banking is growing faster than its conventional counterpart but is focused in a few core …
Islamic Finance In France
With approximately 5 million residents, France has a large Muslim population, more than any other …
RAM Ratings Assigns AA1 Rating To MBSB’s Tranche 2 Structured Covered Sukuk
RAM Ratings has assigned a final rating of AA1 with a positive Rating Watch to Malaysia Building …
Ahli United Bank Kuwait Foreign Currency Rating Upgraded By Capital Intelligence
Capital Intelligence (CI) affirmed Ahli United Bank Kuwait (AUBK)’s Financial Strength Rating …
Malaysian Financial Firms Have Role To Play In Gulf Region – Expert
KUALA LUMPUR: Malaysian financial firms have an excellent opportunity to play a role in the growth …
Moroccan Parliament Approves Islamic Finance Legislation
Morocco’s parliament gave final approval on Tuesday to an Islamic finance bill that will allow …
Islamic Finance Body IILM Expands Outstanding Sukuk Issuance
DUBAI- The Malaysia-based International Islamic Liquidity Management Corp (IILM) has expanded the …
ADIB Arranges US $420 Million Financing For Zakher Marine International
Abu Dhabi – Abu Dhabi Islamic Bank (ADIB), a top-tier Islamic financial services institution, …
Islamic Finance Leaders To Convene At WIBC Bahrain Conference
Industry titans, pioneers and global leaders in the international Islamic banking and finance …
IRTI Signs MoU With CIMB Malaysia On Islamic Finance Country Reports
In a joint effort to support the development of Islamic financial services industry, the Islamic …
Islamic Finance Set To Tackle Long-Standing Repo Challenge.
Separate but converging efforts are underway in Islamic finance to help develop globally accepted …
Religion And Risk Drive Islamic Finance Boom
KUWAIT: When a Muslim cleric told Ahmad Salim that sharia law forbids paying interest, he returned …
Malaysia: “Best Islamic Fund Manager” AmInvest To Merge Units
KUALA LUMPUR: AmInvest will be merging its unit trusts management and funds management companies, …
Global Islamic Finance Assets Pegged At $1.9 tln As Of H1, 2014
For the past fifty years, Islamic finance as an industry has been steadily widening its …
Bahrain’s Role To Be Probed At Seminar
MANAMA — Bahrain, an influential player in the Islamic finance arena, is set to take center stage at …
Indonesia Revises Islamic Banking Rules As Industry Growth Slides
SYDNEY/JAKARTA: Indonesia’s regulator has issued revised Islamic banking rules covering asset …
Dubai Islamic Bank Signs US$230 Million Aircraft Financing Deal With Air Arabia
Dubai Islamic Bank (DIB) and Air Arabia announced today the signing of an aircraft financing deal to …
Urgent Need For Training Bankers In Islamic Finance
With Islamic finance (IF) and Islamic financial products (IFP) growing popular worldwide, there is …
AlHuda Developed The Capacity Of Central Bank of Somalia For Islamic Microfinance
A three days comprehensive Capacity building program of Islamic Microfinance was held on demand of …
Turkey Treads Fine Line As State-Run Trio Eye Islamic Banking
Three Turkish state-run banks plan to launch Islamic units, widening the reach of interest-free …
Kingdom Gets Recognition As One Of Most Developed Islamic Markets
Acknowledged as one of the most developed Islamic markets, Saudi Arabia is a destination that should …
BAHRAIN: Islamic Finance Body AAOIFI To Discuss Global Accounting Standards
The Bahrain-based Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) …
Islamic Finance Body IIFM Launches Collateralised Murabaha Standard
The Bahrain-based International Islamic Financial Market (IIFM) has launched a standard contract …
SUKUK PIPELINE – Issue Plans Around The World
DUBAI, Following are major Islamic bond issues in the global pipeline.
The Thomson Reuters Global …
Philippines Plans To Set Up Halal Ecozone
MANILA, Philippines – The Philippines is planning to set up a halal economic zone in line with …
Bank Nizwa Reflects On The Sultanate’s Islamic Banking Journey At Oman Forum 2014
Muscat— As the Islamic Finance industry enters a new phase of growth in the Sultanate, Dr. …
Enough Room For Dubai And UK At The Sharp End Of Islamic Finance
British observers have criticised and praised The Shard, London’s tallest building, in equal …
Indonesia Sharpens Centralised Islamic Finance Oversight
Indonesia’s capital market regulator has signed an agreement with the country’s …
Murabahah Financing For $10 Million Signed Between Intan Baruprana Finance And ICD
The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of …
INCEIF / CIMB Islamic Set Up Research Centre For Banking Studies
The Global University of Islamic Finance and CIMB Islamic Bank have signed a Memorandum of …
Malaysia: CIMB Islamic Signs MoU With INCEIF
KUALA LUMPUR: CIMB Islamic Bank today signed a memorandum of understanding (MoU) with the Global …
Tapping Potential Of Islamic Finance
ISLAMIC finance is a fast-rising star and the world’s financial centres are already staking claims …
Dubai’s Financial Free Zone To Double In Size By 2024 – Says Governor
DUBAI – Dubai International Financial Centre (DIFC) is well on track to double in size over …
Perpetual Sukuk Debut By AirAsia Attracts New Potential Investors
Malaysia is leading global sales of perpetual sukuk as a planned offer by Asia’s biggest budget …
Islamic Financial Services Council Summit To Be Held In Kazakhstan Next Year
A summit of the Council for Islamic Financial Services will be held in Almaty in 2015, Tengri …
Simply Sharia Wins Islamic Finance Firm Of The Year In Finance Monthly M&A Awards 2014
London – Simply Sharia Limited has been named the Winner of Islamic Finance Firm of the Year …
Islamic Finance in Indonesia: Sharia Banking Has Large Untapped Potential
Having the world’s largest Muslim population and experiencing sustained economic growth at a pace of …
Rapid Growth In Islamic Capital Market To Be Scrutinized At ICA Conference
Key factors behind the recent prosperity of Islamic capital markets and prospects for sustainable …
Emirates Islamic Partners With Union Coop. To Launch Co-Branded Card
Emirates Islamic has announced a partnership with Union Cooperative Society to launch the Emirates …
UAE, Saudi Arabia Offer Opportunities For The Islamic Insurance Sector
According to the EY report Waves of change: The shifting insurance landscape in rapid-growth …
Dubai: National Bonds Wins ‘Best Islamic Savings Product for 2014’ Award
Dubai-UAE: – National Bonds Corporation , the leading sharia’a-compliant savings and …
WIEF: Islamic Economy Has A Larger Role To Play
WIEF annual meeting in Dubai rightly focuses on ways to build global human ties across cultures
The …
Dubai: Sheikh Muhammad Opens World Islamic Economic Forum
Nine heads of state, 12 ministers, four Central Bank Governors attending occasion in Dubai
Dubai: …
Tunisia Plans $500 Million Sukuk Debut Before Dec, 2014
Tunisia, where nationals began voting in favor of another parliament, arrangements to raise $500 …
Mega Bank Merger Deal Re-Drawn To Ensure Easier Passage, Say Sources
IT is unlikely that the listing committee of Bursa Malaysia will give a waiver to the Employees …
Egyptian Saudi Insurance House Invests In Egypt’s SALAMA Takaful Firm
Egyptian Saudi Insurance House and Faisal Islamic Bank are planning to contribute in Salama Family …
Dar Seeks Foreign Investment In Pakistan
WASHINGTON – Federal Minister for Finance and Economic Affairs Senator Ishaq Dar in his meeting with …
Tunisia Sends RFPs For Its First Dollar Sukuk Debut
LONDON, – The Republic of Tunisia has sent banks request for proposals (RFPs) for a potential …
52 Listed Companies In The Philippines Become Shariah-Compliant
Fifty-two publicly listed companies in the country, including six which are part of the main-share …
Oman Sets Up Shariah Supervisory Board To Streamline Islamic Banking Activities
Oman — Oman’s central bank has set up a shariah supervisory board to help oversee the …
Bahrain Bourse Going To Introduce Range Of Islamic Financial Products
Bahrain’s stock exchange plans to launch a range of Islamic investment products, including a novel …
Islamic Finance Industry Growing 16% Every Year
Abu Dhabi: Abu Dhabi Islamic Bank (ADIB) said the Islamic finance industry is growing rapidly, with …
Aafaq Islamic Finance Obtained Three Global Awards
In line with consecutive successes, aafaq islamic finance obtained three global awards the first one …
National Bank of Fujairah Launches NBF Islamic
Fujaira, UAE– National Bank of Fujairah (NBF) PJSC today announced the launch of NBF Islamic, …
Islamic Bank of Britain launches UK’s First Home Purchase Plan
Islamic Bank of Britain plc (IBB), (www.islamic-bank.com), the UK’s only wholly Sharia …
Kuwait: KFH To Continue Serving Clients During Eid Holidays
Kuwait – Kuwait Finance House (KFH) announced that it is ready to fulfill its commitments …
Oman: KPMG Briefs Clients On New Financial Reporting Sandards
Muscat – KPMG, one of the world’s most trusted accounting firms, briefed clients in Oman …
Saudi’s Fawaz Alhokair Signs $200m Islamic Loan With SocGen
Alhokair said on Thursday the facility will fund the acquisition and other expansion by the …
Warba Bank Launches Its Point Of Sale Service Website
Kuwait – Warba Bank announced the launch of a website for Point of Sale (POS) Service & …
Dubai’s FBMG Endorses ‘Unique Business Potential’ Of Upcoming Food Show
Dubai Chamber of Commerce & Industry Entity Says Dedicated Food Processing Show Will Provide UAE …
Africa: Islamic Finance Taking Baby Steps By Opening Islamic Windows In Conventional Banks
Fadi Yazbeck, Product Manager for Islamic Banking at Temenos, explains why Islamic windows might be …
Qatari Stocks: Investors Should Move To Fairly-Priced Stocks
DOHA: With a significant number of Qatari stocks heading to ‘premium range’, especially …
Malaysia Attracting Foreign Investments In The Halal Sector
Kuala Lumpur:–With its modern infrastructures, good administrative regulations, sound legal …
FIFA Rattles Qatari Sukuk Performance
Qatar — Prospects for the 2022 World Cup in Qatar are unsettling bond investors already …
Malaysia, Singapore Competing For A Share Of Bond Issuance In Chinese Yuan
Malaysia and Singapore’s governments, competing for a share of bond issuance in a globalizing …
Malaysia Sales Gather Pace With Biggest Sukuk Of 2014
The world’s biggest Islamic debt offering of 2014 from Malaysia’s sovereign wealth fund will push …
Bahra Cables Arranges $265m Islamic Financing
, Dubai, UAE– Building on the confidence and recognition Bahra Advanced Cable Manufacturing …
Tabung Haji Denies Investment In The United States
KUALA LUMPUR: Lembaga Tabung Haji (TH) on Monday denied that it has made an investment in the United …
Jafza Achieves 21% Growth In H1, 2014
Jebel Ali Free Zone (Jafza), the flagship free zone operation of Dubai and the UAE has posted over …
Mohamed Damak Appointed S&P’s Global Head Of Islamic Finance
DUBAI – Standard & Poor’s Ratings Services (S&P) announced the appointment of …
Female Bank CEOs Deepen Malaysia Expertise Pool In Islamic Finance
Kuala Lumpur — In her native Malaysia, Hong Leong Islamic Bank Bhd. Chief Executive Officer …
Sultan Nazrin Becomes Royal Patron For Malaysia’s Islamic Finance Initiative
KUALA LUMPUR — The Sultan of Perak, Sultan Nazrin Muizzuddin Shah, has graciously consented to …
Law Firms Flocking To Dubai To Grab Islamic Finance Opportunities
As Dubai has been planning to become the capital of Islamic Economy for quite some time now, several …
UK Introduces Shariah-Compliant Loans For Muslim Students
The UK government’s initiative to introduce Sharia-compliant alternative student finance (ASF) …
Bank Nizwa Achieves 80% Of Two-Year Network Expansion Plan
Oman – Bank Nizwa has achieved 80% of its end of 2014 targeted network expansion plan with the …
Ethical Sukuk Boosted By Vaccine-Funding Debut: Islamic Finance
A group that’s raised $4.5 billion for child vaccinations since its inception in 2006 plans to tap …
Growth Of Islamic Insurance Sector Rebounding, Study Finds
Growth of takaful (Islamic insurance) business is rebounding, fuelled by improved economic …
SWIFT Rulebook To Enable STP In Islamic Finance
Along with the Association of Islamic Banking Institutions Malaysia (AIBIM) and the Malaysian …
JADWA Investment Wins Banker Middle East’s “Best Islamic Fund” Award
Riyadh, :Jadwa Investment , a leading Saudi Arabian investment management firm headquartered in …
ICD, BTMU Malaysia Sign Financing Deal
KUALA LUMPUR – The Islamic Corporation for the Development of the Private Sector (ICD), the …
Takaful Industry’s Rise Highlights Rich Prospects Despite Market Challenges
With the global Islamic finance markets exuding vitality as they sail past the $2 trillion mark, the …
IFSB And BIBF To Debut Inaugural Islamic Finance Executive Programme In October 2014
Manama, Bahrain -: BIBF and the Islamic Financial Services Board (IFSB) is organising the debut of …
Building Scale: Adapting To A Changing Market For Islamic Cooperative Insurance In The Middle East
More than 250 key players and thought leaders in the Middle East insurance and reinsurance industry …
More Non-Muslim Government Sukuk Issuers To Hit Market
Dubai: As the hard currency denominated sukuk issuance gains momentum, analysts expect more new …
Gulf Sovereigns Continue To Dominate Dollar Sukuk Issuance
Dubai: Volumes of sovereign sukuk have increased significantly over the last three years as …
Malaysia The Runaway Leader In Islamic Finance Market
MALAYSIA emerged as the leader on various checkpoints for Islamic finance in a newly released global …
ICD Signs Financing Agreement With Bank Of Tokyo-Mitsubishi UFJ (Malaysia)
The Islamic Corporation for the Development of the Private Sector (ICD) and Bank of Tokyo-Mitsubishi …
Mega Islamic Bank Will Boost Islamic Finance Growth, Says Expert
The creation of a mega Islamic bank will push Malaysian banks to look beyond local shores should the …
RAM Ratings Assigns AAA(fg) Rating To Puncak Wangi’s Proposed Guaranteed Sukuk
RAM Ratings has assigned a AAA(fg)/stable rating to Puncak Wangi Sdn Bhd’s (Puncak Wangi or the …
RAM Ratings Sees Great Potential In Green Sukuk
RAM Ratings sees great potential in Green Sukuk, in tandem with the increased interest in both …
WIEF to Hold Investment Roundtable In Cordoba
KUALA LUMPUR: The World Islamic Economic Forum (WIEF) Foundation, in collaboration with the …
AlKhair Capital Plus Sukuk Fund Launched
AlKhair Capital Saudi Arabia launched the AlKhair Capital Plus Sukuk Fund, an open-ended, …
Meethaq forum Gighlights Role Of Islamic Banking
Meethaq hosted a forum on the ‘Principles of Islamic Economy and Development’ on Sunday, 7 …
Barwa Bank Opens New Branch At The Pearl-Qatar
Barwa Bank announced the opening of its new branch at The Pearl-Qatar located in Medina …
Al Hilal Bank Customers May Now Use EIDA Card For ATM Transactions
Al Hilal Bank customers can now start using their Emirates Identity Authority (EIDA) Identity Cards …
Bahrain Named MidEast’s Most Influential Islamic Finance Market
Bahrain has been named the GCC’s leading Islamic finance market and second out of 92 countries …
Long-Term Finance To Take A Hit
KARACHI: Riots and sit-ins have many short-term economic fallouts, like the breakdown of law and …
Islamic Capital Market Viable Fallback To Conventional Peer
JEDDAH – The Islamic capital market has developed to become a viable alternative to its …
Exporters Urged To Explore Halal Market In Malaysia
MANILA, Philippines – Filipino exporters are encouraged to explore opportunities in Malaysia, …
Islamic Banks Face Challenge From Basel III Deposit Regulations
As banks around the world gear up to meet tough Basel III regulatory standards, Islamic lenders face …
World Bank Plans To Raise $500 Million Via Sukuk
Kuala Lumpur: The World Bank plans to raise as much as $500 million worth of Islamic bonds, or …
SMEs Offer Huge Opportunities For Islamic Banks
There is no doubt that there is significant demand for Islamic banking services, both from the …
Industrials, Banking And Telecom Stocks major Drag On Qatar Bourse
The Qatar Stock Exchange again failed to break the 14,000 psychological mark with industrials, …
Islamic Banking Draws New Interest From The West
At the beginning of last June, the European Central Bank issued a decision to reduce the deposit …
Kazakhstan Should Adjust Its Legislation For Islamic Finance: Says Central Bank Governor
The 4th Kazakhstan Conference on Islamic Finance took place this Wednesday in Kazakhstan. In his …
Islamic Banking: Sharing Risk For Caring Society
The only certainty in this world is ‘uncertainty.’ Risk is an integral part of our daily …
Growth Of Islamic Banking And Finance In Pakistan
LONDON: A pre-publication copy of the Global Islamic Finance Report 2014, which is expected to be …
Bank Muamalat Malaysia To Launch Islamic Private Banking
KUALA LUMPUR: Bank Muamalat Malaysia Bhd expects to launch Islamic Private Banking within a year to …
Know The Best Marketing Strategy With Islamic Marketing
People have many different goals in their life that they want to achieve to develop the best career …
Greater Collaboration Of Islamic Finance Essential Now
Collaboration between Islamic finance market players must be strengthened further in the effort to …
Challenges For Islamic Financial Products In Ireland
In recent months there has been growing momentum in Europe to adopt and implement Islamic finance …
Rackspace Features Ethica Institute Of Islamic Finance On Rackstories
Where does the world of Islamic finance meet the world of cloud hosting? Rackspace and Ethica for …
KSA: Jadwa Investment Offers Tadawul to Foreign Investors
Jadwa Investment offers a detailed analysis about the prospects for the Saudi stock market following …
Malaysia: Securities Commission Launches Sustainable & Responsible Investment Sukuk Framework
The Securities Commission Malaysia (SC) today launched the Sustainable and Responsible Investment …
Saudi Arabia: Riadh Industry Shows Performnace Boost In Q2, 2014
Saudi Arabia: Colliers reports that during the second quarter of 2014, Saudi Capital, Riadh’s …
For First Sukuk Issue Next Week, Hong Kong Will Arrange RoadShows
Hong Kong’s government will hold investor meetings next week for its maiden Islamic bond …
All Share Index Of Saudi Arabia, Tadawul Surpasses 11,000-Mark
Saudi Arabia’s Tadawul All Share Index surpassed 11,000 points for the first time in six years on …
Erdogan Retooling Turkish Banks to Boost Islamic Finance
Turkey’s biggest state-owned bank is branching out from being a traditional lender to farmers to …
Azzad First Halal, US Fixed-Income Mutual Fund
The Azzad Wise Capital Fund (NASDAQ: WISEX), America’s first Halal, socially responsible …
Islamic Finance: Foreigners Feel Clash Of Investment Cultures On Saudi Bourse
Islamic Finance: Foreigners Feel Clash Of Investment Cultures On Saudi Bourse
Seventy-year-old Saudi …
Dubai Chamber Report Shows Increasing Preference For Halal Food As Global Market Grows To US$1.1 Trillion In 2013
Growing demand for packaged food in UAE offers new opportunities in nation’s halal food …
Investing in Brunei Darussalam’s innovation in Brunei Darussalam
Brunei Darussalam has lost ground in its efforts to promote innovation as a cornerstone for future …
Lured By Halal Livestock? Banco de Brasil To Launch First Sharia-Compliant Fund
Enticed by the Halal Livestock Industry, Banco do Brasil is set to introduce its …
Landmark Research In Islamic Finance: World Bank To Collaborate With Al Baraka
Al Baraka Banking Group today announced its collaboration with the World Bank to begin a research …
The International Bank Of Azerbaijan To Drive Islamic Banking In Russia
The International Bank of Azerbaijan, the major state-owned bank holding at least 40 percent of all …
BRIC Markets Bring Bigger Capital Inflow Into UAE Than MENA Markets Says Fortress Investments
Fortress Investments says that there is a significant increase in capital inflows into UAE from …
Economic Zone World Initiatives Spur Dubai’s Drive To Become Global Islamic Economic Hub
Economic Zone World Initiatives Spur Dubai’s Drive To Become Global Islamic Economic Hub
Over the …
US and EU Economic Sanctions Increase Russian Halal Market Gains
Halal sector is unlikely to be hit by US and EU economic sanctions
In the days of Ramadan 1435 and …
Report Suggests Ways To Make Dubai As The Capital Of The Islamic Economy
DUBAI, The Dubai Islamic Economy Development Centre, DIEDC, in partnership with Thomson Reuters and …
Expectation High As Lotus Halal Traded Fund Lists On NSE
We have seen the listing of other Exchange Traded Funds in the Nigerian market i.e. the NEWGOLD …
SABB/HSBC PMI Index: Strongest Improvement In Operating Conditions Since September 2012
SABB/HSBC PMI Index: Strongest Improvement In Operating Conditions Since September 2012
The Saudi …
Astra Industrial Obtain Islamic Banking Facilites
Astra Industrial has recently announced the signing of an Islamic banking facilities agreement with …
Dubai: Debt Restructuring Proposal Approved For Almak
Dubai’s Amlak Finance said on Thursday that a proposal to restructure its debt had been …
Deloitte: Middle Eastern Banks Seize Opportunities For Global Expansion
Deloitte: Bank M&A transactions set to outpace GDP growth in emerging markets
World trade …
Islamic Finance: Bahrain’s Investcorp Says Full-Year Net Profit Up 25%
Bahrain-based alternative investment fund Investcorp posted a 25 percent gain in annual net profit …
UAE’s Dana Gas Q2 Net Profit Jumps 70% On Higher Production
UAE’s Dana Gas Q2 Net Profit Jumps 70% On Higher Production
Dana Gas, the United Arab …
China, Malaysia Promote Chinese Halal Industry Globally
The strong ties between China and Malaysia, particularly in the thriving Halal industry, were …
Dubai Investments Says H1 Net Profit More Than Doubles
Dubai Investments said on Sunday that its net profit for the first six months of the year more than …
UAE: Watania’s Majority Shareholders To Sell Stakes
Abu Dhabi-listed Islamic insurer National Takaful Company (Watania) said on Sunday its majority …
Dubai’s Arabtec Announces Q2 Net Profit Up 11%
Dubai’s Arabtec Announces Q2 Net Profit Up 11%
Arabtec, the construction company at the centre …
MSCI Is Considering to Add Saudi Arabia As Emerging Islamic Market In 2015
Index compiler MSCI will consult with investors about adding Saudi Arabia to its broader stock …
Islamic Financial Products Gaining Popularity In The Gulf
The financial landscape in the Gulf region is undergoing a significant transformation. Islamic …
UAE Set To Issue First Federal Gov’t Bonds Before 2018
UAE Set To Issue First Federal Gov’t Bonds Before 2018
The UAE is expected to issue its first …
Cash Rich Japan – Where To Invest?
A view on Japan’s stance on multi-billion dollar Islamic Finance markets – Nasir A. Khan
Where …
Sharia Finance: Plenty Of Interest In No Interest
The British Government is believed to be planning to raise funds by issuing Shariah-compliant …
Islamic Economies Are Set To Spiral Over The Next Decade
Islamic economies are already a significant part of the global economy and are set to become even …
Exploring the Position Of Bitcoins in Islamic Banking and Finance
Islamic Banking and Finance
It may be too early to form a final opinion about Bitcoins (BTC) as a …
Islamic Banking: Growing Fast But Can It Be More Than A Niche Market?
For years, Islamic banks have been growing at a double digit pace. Ernst and Young (E&Y), in …
Noor Bank, 2 Others Arrange USD155m Loan For Jafz Firm
Islamic facility was arrange for a reputed oil services company
Dubai’s Noor Bank , Qatar …
Yemen Curbs Travel, Recruitment In Austerity Drive
Yemen’s president has ordered a raft of austerity steps, including a review of state-owned …
Islamic Banking Moves Forward in Morocco
Moroccan lawmakers just approved a banking bill that provides for the creation of Islamic …
Malaysia En-Route To Establishing World’s First Islamic Megabank
MALAYSIA: Malaysia’s industry heavyweights CIMB Group, RHB Capital and Malaysia Building Society …
Emirates Islamic Offers Special Exchange Rates On Currencies For Summer Travel Season
Promotion focused on providing best exchange rates on currencies of major travel destinations
•Umrah …
Kenya Looks To Tap UAE Market
Kenyan Consul General meets Expo Centre CEO
Explore ways to strengthen trade ties
Sharjah, 13th July …
Saudi Arabia’s Insurance Sector Set For Consolidation
•Changes in the mortgage market bode well for the insurance industry
• Kingdom’s IPO market set to …
Saudi British Bank Reports Q2 Profits Up 15.19 Per Cent
The Saudi British Bank (SABB) reported robust financial results for the second quarter of 2014, …
Omani Official Drives Trade and Tourism Growth in Taiwan
Despite being the sole Omani representative in Taiwan, Sulaiman Bin Sultan Al Mughairy, the director …
The Saudi Investment Bank, An Islamic Bank Q2 profits up 10 per cent at SAR 352.9 million
The Saudi Investment Bank, An Islamic Bank reports quarterly profits up from SAR 320.4 million a …
IFSB Secretary General Outlines The Challenges Facing Sukuk
In his Keynote Address at the 2014 London Sukuk Summit, at the Jumeirah Carlton Tower on 18 June, …
Islamic Banks Miss Out On SME Business Opportunity Across MENA
Recently published research by the World Bank’s International Finance Corporation (IFC) suggests …