Islamic
Islamic Finance moving away from its core discourse: Scholar
An expert on the Islamic economy says the issue of Islamic financing has deviated from…
ICD signs $10m LoF facility agreement with TuranBank OJSC
The Islamic Corporation for the Development of the Private Sector (ICD) (www.ICD-PS.org), the private sector…
Emirates Development Bank and Dubai Islamic Bank team up to fund UAE SMEs
Emirates Development Bank has signed a preliminary agreement with Dubai Islamic Bank to offer a…
Sovereign sukuk to fall to $73bln this year; Saudi Arabia leads decline
Global sovereign sukuk issuance is expected to drop to $73 billion this year on…
Uzbek ‘buy now, pay later’ Islamic finance start-up raises $1m funding
Uzbekistan-based fintech IMAN has closed its $1 million seed round led by investors based in…
8th African Islamic Finance Summit to be held in Gambia on March 23
The African Islamic Finance Summit (AIFS) will convene at the Sir Dawda Kairaba Jawara International…
ITFC signs $1.2b plan for 2022 in favour of Pakistan
The International Islamic Trade Finance Corporation (ITFC) signs the Annual Plan for 2022 in favor…
KP introduces operational credit schemes for SMEs
Khyber Pakhtunkhwa government has introduced credit schemes for capacity building of businesses, purchase of machinery…
First Abu Dhabi Bank set to sell $500m sukuk
Initial price guidance for the sukuk was around 85 basis points over U.S. Treasuries, according…
Leading Islamic bank ADIB sees 45% net profit leap in 2021
Abu Dhabi Islamic Bank, or ADIB, has posted a 45 percent increase in profits during…
