Bank of Ghana Inaugurates Non-Interest Financial Advisory Council
The Bank of Ghana inaugurated a five-member Non-Interest Financial Advisory Council at Bank Square in Accra on Tuesday, August 18, 2026, according to …
Finance
UAE Islamic Bank Assets Total Dh1.4 Trillion as of June 2026
Islamic bank assets in the UAE totaled Dh1.4 trillion in June 2026, Gulf News reported in coverage published August 13, 2026. The figures are credited …
Indonesia’s Sharia Banking Financing Reaches Rp720 Trillion
Financing extended by Indonesia’s sharia banks stood at Rp720 trillion in June 2026, 11.43 percent above a year earlier, Bank Indonesia said, …
Pakistan Federal Pension Managers Must Offer Shariah-Compliant Funds
Pakistan’s finance ministry has put 16 pension fund managers under contract to operate the federal Defined Contribution Pension Fund Scheme …
SECP Issues Corporate Sukuk Guidebook to Standardize Documentation
Pakistan’s securities regulator, SECP, issued a Corporate Sukuk Guidebook on August 10, 2026, to standardize how companies structure and …
Egypt Approves Taxpayer-Funded Tax Sukuk to Cut Debt Costs
President Abdel Fattah El-Sisi has approved a proposal for a financing tool funded by Egypt’s taxpayers: sukuk whose value is later deducted …
SECP Opens Review of Pakistan’s Corporate Bond and Sukuk Rules
Pakistan’s Securities and Exchange Commission has opened a review of the rules that govern corporate bond and sukuk issuance, giving a newly …
Nigerian Policymakers Back Sukuk, Green Bonds at Lagos Forum
Nigerian policymakers and investors met in Lagos in early August to argue that sukuk, green bonds, and other ethical and non-interest structures …
Bank of Tanzania Drafts New Reporting Rules for Islamic Banking
Tanzania’s central bank has put the reporting side of Islamic banking out for industry review, sending every bank and financial institution a …
Noor Takaful Surplus Payouts Set to Pass N1.3 Billion in Nigeria
Noor Takaful Insurance Limited and Noor Health Ltd will host the 2026 Surplus Distribution Ceremony in Lagos on Tuesday, August 11, 2026, according to …
Indonesia’s Islamic Finance Assets Hit Record Rp3,131 Trillion in 2025
Indonesia’s Islamic finance assets grew 8.56% year-on-year to a record Rp3,131.02 trillion in 2025, according to the Financial Services …
Crown Takaful Approves N100.9 Million Surplus Payout in Nigeria
Crown Takaful Insurance Limited has approved a N100.9 million surplus payout to participants in its first year of operations, according to Leadership. …
MNRB to Sell Takaful Ikhlas to Bank Rakyat for RM1.64 Billion
MNRB Holdings Bhd has agreed to sell its two direct takaful subsidiaries, Takaful Ikhlas Family Bhd and Takaful Ikhlas General Bhd, to Bank Kerjasama …
Largest Islamic Banks in the World 2026 — Ranked
Quick answer: Islamic banking assets have grown into a roughly $2.7 trillion global industry, concentrated in a surprisingly small cluster of …
Maybank to Buy Ageas’s Remaining Stake in Etiqa’s Holding Company
Maybank has agreed to buy Ageas Insurance International NV’s 30.95% stake in Maybank Ageas Holdings Berhad (MAHB) for RM4.83 billion, adding to …
Best Halal Robo-Advisors 2026: Wahed vs. Sarwa vs. Vault22
Quick answer: While the global robo-advisory industry races toward a market valued in the tens of billions of dollars, a smaller, less-covered story …
ADB Backs Sime Darby Property’s Data Centre Green Sukuk in Malaysia
The Asian Development Bank is putting RM300 million into a sukuk wakalah that will help finance data centre development in Malaysia, a transaction ADB …
Sukuk vs. Conventional Bonds in 2026: A Practitioner’s Comparison
Quick answer: Sukuk and conventional bonds now compete on genuinely comparable terms for size, liquidity, and institutional acceptance — the global …
Islamic Wealth Management for Muslim Diaspora Families
Quick answer: Trillions of dollars are moving from immigrant-generation Muslim parents to Western-raised children in what wealth researchers call the …
Benghazi Launches First Investment Sukuk Package for Private Sector
BENGHAZI – The first package of investment sukuk designated for Libya’s private sector was launched on July 25 at the Benghazi Chamber of …
MBSB Bank Taps Zurich for Three New General Takaful Products
MBSB Bank has signed a bancatakaful partnership with Zurich General Takaful Malaysia Berhad to distribute three new general, or non-life, takaful …
Lagenda Unit Lodges RM1.5 Billion Sukuk Wakalah for Affordable Housing
Lagenda Properties Bhd’s wholly owned subsidiary, Lagenda Capital Bhd, has lodged a Sukuk Wakalah programme worth up to RM1.5 billion with the …
The Islamic Fintech Gap: Why Digital-First Muslim Banking Hasn’t Scaled Outside the Gulf
Quick answer: Islamic fintech is a genuinely large and fast-growing global industry — 484 companies, $198 billion in transaction volume, heading …
Saudi Islamic Banks Now Hold 76% of Sector Assets, S&P Finds
Islamic banks now account for roughly 76% of Saudi Arabia’s banking sector assets, making the kingdom home to one of the largest Islamic banking …