Funding Societies Allocates $64.22M in Islamic Financing to Malaysian MSMEs2024-07-25 by Aamer YaqubFunding Societies, a leading Singapore-based digital finance platform, has reached a significant milestone by disbursing MYR 300 million ($64.22 …Read moreFunding Societies Allocates $64.22M in Islamic Financing to Malaysian MSMEs
DIBPL and ZLK Islamic Financial Services Partner to Boost Shariah-Compliant Financial Access2024-07-24 by Aamer YaqubIn a strategic initiative to broaden Shariah-compliant financial access, Dubai Islamic Bank Pakistan Limited (DIBPL), a subsidiary of Dubai Islamic …Read moreDIBPL and ZLK Islamic Financial Services Partner to Boost Shariah-Compliant Financial Access
Faysal Bank Projects Earnings to Double in Three Years2024-07-23 by Aamer YaqubWe are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. This valuation is based on a Price-to-Book (P/B) …Read moreFaysal Bank Projects Earnings to Double in Three Years
Moody’s Reaffirms IsDB’s ‘AAA’ Rating2024-07-22 by Aamer YaqubThe Islamic Development Bank (IsDB) has once again demonstrated its financial prowess, securing a “AAA” credit rating with a “Stable …Read moreMoody’s Reaffirms IsDB’s ‘AAA’ Rating
Pakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–252024-07-22 by Aamer YaqubThe Central Directorate of National Savings (CDNS) is aiming high for the 2024-2025 fiscal year with an ambitious investment target of Rs 170 billion …Read morePakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–25
Growing Demand and Key Challenges in Australia’s $2 Billion Islamic Finance Market2024-07-20 by Aamer YaqubAustralia’s Islamic finance sector, poised for significant growth, serves a vibrant and young Muslim community comprising 3.2% of the …Read moreGrowing Demand and Key Challenges in Australia’s $2 Billion Islamic Finance Market
Fitch Affirms ‘A’ Rating for Qatar International Islamic Bank with Stable Outlook2024-07-20 by Aamer YaqubFitch Ratings, a leading global credit rating agency, has recently reconfirmed the Long-Term Issuer Default Rating (IDR) of Qatar International …Read moreFitch Affirms ‘A’ Rating for Qatar International Islamic Bank with Stable Outlook
Islamic Banks Constitute 21% of UAE’s Gross Domestic Credit in the UAE2024-07-18 by Aamer YaqubKUALA LUMPUR: The UAE banking industry has shown remarkable growth in 2024, with Islamic banks playing a crucial role. The Central Bank of the UAE …Read moreIslamic Banks Constitute 21% of UAE’s Gross Domestic Credit in the UAE
SAMA Regulations Enhance Transparency in Saudi Islamic Banking2024-07-15 by Aamer YaqubThe Saudi Central Bank (SAMA) has rolled out a series of regulations from 2020 to mid-2024 that have notably enhanced the transparency and Shariah …Read moreSAMA Regulations Enhance Transparency in Saudi Islamic Banking
PSX Appoints Meezan Bank as First Market Maker for GOP Ijarah Sukuk2024-07-15 by Aamer YaqubThe Pakistan Stock Exchange (PSX) has taken a major step forward by inducting Meezan Bank as the first market maker for the Government of Pakistan …Read morePSX Appoints Meezan Bank as First Market Maker for GOP Ijarah Sukuk
Al-Arafah Islami Bank Hosts ‘Business Development Conference’ to Foster Growth2024-07-14 by Aamer YaqubAl-Arafah Islami Bank recently hosted its half-yearly “Business Development Conference 2024” at its head office in Dhaka. This event was a …Read moreAl-Arafah Islami Bank Hosts ‘Business Development Conference’ to Foster Growth
BoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar2024-07-13 by Aamer YaqubPESHAWAR: The Bank of Khyber (BoK) has made a groundbreaking move by opening the first women-centric Islamic banking branch in Khyber Pakhtunkhwa. …Read moreBoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar