Unlocking the potential of Islamic finance By News desk October 13, 2023 Islamic finance first emerged in the 1970s in the Middle East and North Africa (MENA), and although a relatively…
Islamic banking set to continue outpacing conventional banks By News desk October 6, 2023 The Islamic banking industry in Oman is poised to maintain its growth momentum ahead of conventional banks in Oman. This…
Saudi Hajj minister begins official visit to Morocco, Tunisia By News desk October 6, 2023 Saudi Minister of Hajj and Umrah Tawfiq bin Fawzan Al-Rabiah began an official visit to Morocco and Tunisia, the Saudi…
Habib Bank AG Zurich SIRAT wins ‘Championship Award’ For Global Islamic Banking Franchise By News desk October 6, 2023 Habib Bank AG Zurich’s Islamic banking brand, SIRAT, was recently recognised with the Championship Award for Global Islamic Banking Franchise…
Islamic banking industry remains underdeveloped in Africa: Moody By News desk October 6, 2023 Despite having around 28% of the world’s Muslim population, Africa’s Shariah compliant banking assets make up only around 2%…
DIFC leads in sustainable sukuk market in push to become global ESG hub By News desk October 6, 2023 The Dubai International Financial Centre’s (DIFC) international exchange, Nasdaq Dubai, accounted for approximately 64% of the world’s dollar-denominated sustainable sukuk…
Islamic fintechs ‘gaining foothold after slow start’ By News desk September 29, 2023 Bahrain and Türkiye are the only countries that have adopted a standardised open banking framework and are seeing a strong…
5th Global Takaful and Re-Takaful Forum will be hosted in Addis Ababa, Ethiopia By News desk September 29, 2023 5th Edition of Global Takaful and Re-takaful forum has been rescheduled to 23rd November 2023 in Addis Ababa, Ethiopia. The…
Need for taking pragmatic steps for promotion of Islamic banking system By News desk September 29, 2023 Business Community has stressed the need for taking pragmatic steps for promotion of Islamic banking and finance system. Seminar on…
High oil prices set to spur GCC Islamic banks’ asset growth By News desk September 29, 2023 High oil prices and ambitious economic diversification agendas of the GCC countries will help Islamic banks across the region…