Islamic
Nagad Islamic gains popularity on the rise of mobile payments
Shariah-compliant financial services are now being offered through Mobile Financial Services (MFS). ‘Nagad’ is the…
CDNS begins procedural work to introduce Islamic finance
Looking at the growing appetite for shariah-compliant finance, Central Directorate of National Savings (CDNS) has…
Oman’s Sohar Islamic opens first Islamic bank in Musandam
In line with the bank’s ongoing organic expansion strategy to serve customers and achieve further…
Islamic banking assets achieve new peak surpasses Rs5.7 trillion in CY21: SBP
The Islamic Banking Industry (IBI) has reached new peaks during CY21 as its assets…
UAE retains the Top-3 spot in $2tri global spending in Islamic-faith inspired ethical consumption
Muslims the world over spent a combined $2 trillion on food, medicines and on lifestyle…
Saudi Arabia regains position as global leader in sukuk, Islamic financing
Saudi Arabia has surpassed Malaysia as the world’s biggest issuer of sukuk and Islamic…
AlHuda CIBE signs MOU with Institute of Bankers of Gambia
AlHuda Centre of Islamic Banking and Economics United Arab Emirates and The Institute of…
Islamic finance remains niche in Luxembourg
Luxembourg remains the European leader in the domiciliation of Islamic funds. But the sector has…
Islamic finance deals soar on high oil price
Global offerings of sukuk are off to their busiest start on record in 2022, with…
Rising public demand set to drive Islamic banks growth: Bahrain
Rising public demand for Islamic products and the expected improvement in operating environment is set…
