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PCB in talks with South Africa, Ireland for T20 series

Islamabad Pakistan Cricket Board (PCB) is in talks with South Africa and Ireland for a limited overs home series ahead of the T20 World Cup.…

33rd National Games Wapda Women Rugby team clinch gold medal

Abdul Khaliq Qureshi Abbottabad Pakistan Wapda Women Team won first gold medal of Rugby Game by defeating Pakistan Army by 20-0 in the final played…

Islamic economy spending to increase 45pc, reaching $3.2tn by 2024

Dubai Worldwide spending in Islam-inspired ethical consumption sectors is set to increase 45 per cent by 2024, reaching $3.2 trillion from the end of last…

IDB to raise $500m via debut green Sukuk

Jeddah The Islamic Development Bank is planning to launch its first green sukuk this month, having finalised a Sustainable Finance Framework to help issue such…

It is time to position Islamic finance as sustainability leader

Bandar Hajjar We live in an era where consumers, especially young people, demand that values and purpose are embedded into the work of businesses, employers…

ADIB Egypt reports 53pc profit

Abu Dhabi The Abu Dhabi Islamic Bank-Egypt (ADIB) announced in a statement sent to EGX, the Board of Directors was held on November 12. The…

Philippines plans to allow banks to set up Islamic banking units

Manila Bangko Sentral ng Pilipinas is leaning toward allowing local lenders to set up Islamic banking subsidiaries, as it steps up efforts to promote Shariah-compliant…

Indonesia’s Islamic finance rank rises

Jakarta Indonesia’s Islamic finance rank has improved exponentially this year, but challenges remain to further develop the sharia economy. Based on the 2019 Islamic Finance…

Faisal Islamic Bank’s volume of business up

Sharjah Faisal Islamic Bank of Egypt’s (FAIT)(FAITA) volume of business increased to EGP 102.39 billion at the end of Oct. 2019, compared to EGP 88.339…

Rawalpindi-Islamabad metro bus service resumed after suffering Rs49 million loss

Staff Reporter The Punjab Masstransit Authority (PMA) has resumed Rawalpindi-Islamabad Metro Bus Service after two-week pause. The Metro Bus Service remained suspended for the last…

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