Are Stocks Haram or Halal in Islam?
For centuries, stock trading has been a cornerstone of global financial markets, offering significant long-term investment gains. However, many Muslim …
Islamic Finance
Malaysia Dominates the Global Islamic Finance Sector
Malaysia continues to shine as a top jurisdiction for Islamic finance, according to Fitch Ratings. This prominence is driven by a robust regulatory …
How Islamic Derivatives Are Transforming Risk Management in Muslim-Majority Countries
The demand for Sharia-compliant risk management tools, specifically Islamic derivatives, is experiencing significant growth in numerous …
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 the newly launched Cross Light Capital Performa …
Oman’s EDO Sells Second Dollar Sukuk
State-owned Energy Development Oman (EDO) has successfully issued its second dollar sukuk, raising an impressive $750 million. This sukuk issuance was …
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 launch the Lion-BIBDS Islamic Enhanced Liquidity …
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 Australia (IFA), delves into their pioneering vision, …
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 country by total deposits, overtaking Sonali Bank …
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 transformative journey by partnering with Silent Eight, a …
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 elevated the bank’s long-term entity rating …
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 transactions valued at EGP 701 billion ($14.51 …
Fitch Assigns ‘BBB’ Rating to Indonesia’s Proposed USD Sukuk
In a significant update, Fitch Ratings has assigned a ‘BBB’ rating to Indonesia’s proposed USD Sukuk, issued through Perusahaan …