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 distributed dividends for 2023 to their …
ISLAMIC ECONOMY
UAE Beef Imports from Brazil Triple
In a noteworthy shift in the global beef market, the United Arab Emirates (UAE) has seen a remarkable surge in beef imports from Brazil. This dramatic …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides in developing the country’s financial markets by …
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 Auction scheduled for August 15, 2024. This …
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 mosque in Umm Salal Mohammed, Qatar. This 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 the Shariah Committee of the Maldives Islamic Bank …
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 Affairs has proudly concluded its inaugural summer …
Malaysia and UAE to Boost Bilateral Trade and Investment
In a move poised to reshape economic dynamics in Southeast Asia and the Middle East, Malaysia and the United Arab Emirates (UAE) have unveiled a …
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 Mentorship Programme, marking a pivotal moment in its …
Vietnam’s Halal Industry: Opportunities, Challenges, and Future Prospects
Mr. Akram Waqas, a devout Muslim from Pakistan, has embraced Vietnam as his second home. For the past five years, he has navigated the vibrant streets …
Thai PM Advocates for Halal Food Market Expansion to Strengthen Economy
Prime Minister Srettha Thavisin of Thailand has emphasized the importance of expanding the Halal food market as a strategic move to boost the …
Brunei-Indonesia Trade Surges from USD 133.7M to 897.3M by 2022
In recent years, the economic relationship between Brunei Darussalam and Indonesia has seen remarkable expansion, with trade volumes soaring from USD …