Islamic
NBFI Shariah compliant assets touch Rs340b in FY19
Islamabad The Shariah compliant assets of Non-Banking Financial Institutions (NBFI) rose to Rs340.03 billion, representing…
Dubai Islamic Economy Dev Centre, UNDP launch new partnership
Observer Report Dubai Dubai Islamic Economy Development Centre (DIEDC) and the United Nations Development Programme…
Dubai Islamic Bank shareholders approve Noor Bank acquisition
Dubai Dubai Islamic Bank (DISB.DU) (DIB), the United Arab Emirates’ largest sharia-compliant bank, said on…
Muslim nations consider gold, barter trade to beat sanctions
Kuala Lumpur Iran, Malaysia, Turkey and Qatar are considering trading among themselves in gold and…
BankIslami’s profit after tax grew by 4.1 times to Rs1.1b for 2019
Karachi The Board of Directors of BankIslami Pakistan Limited (‘The Bank’ or ‘BankIslami’) in their…
FPCCI appoints Mr. Kamran Saleem as Convener of Takaful Standing Committee for consecutive 3rd term
Karachi The Federation of Pakistan Chamber of Commerce & Industry (FPCCI) elected Director Finance &…
ED attaches Rs 10-crore assets in ‘Islamic banking’ Bengaluru ponzi scam
New Delhi Assets worth over Rs 10 crore of a Bengaluru-based firm have been attached…
IIRA assigns fiduciary ratings to Int’l Islamic trade finance corporation
Manama, Kingdom of Bahrain- Islamic International Rating Agency (IIRA) has assigned the international scale ratings…
NBFI Shariah complaint assets touch Rs340b in FY19
Islamabad The Shariah compliant assets of Non-Banking Financial Institutions (NBFI) rose to Rs340.03 billion, representing…
Fitch rates Riyad Sukuk Limited
Jeddah Fitch Ratings has assigned a long-term rating of ‘BBB-’ to Riyad Bank’s (Riyad; BBB+/Stable/bbb+)…
