Islamic
Sukuk market developing fastest in Saudi Arabia
A government sukuk program has spurred greater corporate issuance in Saudi Arabia. Launched in 2017…
UK gets its first Islamic P2P crowdfunder for SMEs
London A new UK-based Shariah-compliant crowdfunding platform providing business financing to small and medium sized…
National Bank of Pakistan modernises Pool Management with Codebase Technologies
NBP holds roughly $17.2 billion in assets, and this upgrade will allow the bank to…
Bahrain’s Al Salam Bank partners with BHB and CBB on new Shariah-compliant asset-trading framework
Al Salam Bank-Bahrain has signed an agreement with the Bahrain Bourse and Central Bank of…
Pakistani rupee hits new all-time low against UAE dirham
The Pakistani rupee slumped to an all-time low of 168.3 against the US dollar or…
Dubai Islamic Bank second quarter net profit declines
Dubai Dubai Islamic Bank’s (DIB) second-quarter net profit fell 27 percent from a year ago…
Islamic banks ‘way ahead in adopting financial technology’
Manama Fintech transformation in Islamic banks is well underway as institutions look to leverage the…
Bank Alfalah Islamic, IBA launch scholarship fund
Staff Reporter Karachi Bank Alfalah Islamic and the Institute of Business Administration have announced the…
Global Sukuk Market: Window of opportunity opening
Observer Report Dubai S&P Global Ratings believes that investors’ risk aversion is subsiding, thanks among…
World’s Biggest Islamic Lender to invest $2.3bn to tackle pandemic economic fallout
Observer Report Karachi The Islamic Development Bank Group (IsDB) has set aside $2.3 billion for…
