Kuwaiti Lenders Boubyan and Gulf Bank Consider Merger to Form Islamic Bank
In a significant move for the Kuwaiti financial sector, Boubyan Bank and Gulf Bank have announced plans to merge, forming a new banking entity that …
ZLK and Dubai Islamic Bank Partner to Expand Shariah Investments
In a landmark development for the Islamic finance sector, ZLK Islamic Financial Services, one of Pakistan’s leading Shariah-compliant brokerage …
ESG Sukuk Issuance in the GCC Reaches $18.5 Billion by Mid-2024
The realm of sustainable finance has seen remarkable growth in recent years, with Environmental, Social, and Governance (ESG) sukuk emerging as a …
Global ESG Sukuk Market Grows Strongly in Early 2024; Fitch Forecasts Q3 Slowdown
The global ESG sukuk market has experienced substantial growth in the first half of 2024, with a remarkable 41% year-on-year increase, reaching an …
Halal Ingredient Market Trends Opportunities for Investment in Key Sectors
The Halal Ingredient Market is undergoing significant growth, driven by evolving consumer preferences and shifts in industry practices. As highlighted …
Al Rajhi Takaful Reappoints Abdullah Al Rajhi as Chairman, Saud Al Rajhi as Vice Chairman
In a recent development that has captured the attention of the insurance industry, Al Rajhi Takaful, officially known as Al Rajhi Company for …
ITFC and Tajikistan’s Ministry Launch Islamic Trade Finance Workshops
The International Islamic Trade Finance Corporation (ITFC), a key entity within the Islamic Development Bank (IsDB) Group, has recently made strides …
Uzbekistan Approves Islamic Finance Services for Microfinance Institutions
August 2024 – In a significant move for the financial sector, Uzbekistan has officially approved the introduction of Islamic finance services within …
Securities Commission Malaysia Launches 2nd Shariah Mentorship Program for ICM Talent
The Securities Commission Malaysia (SC) has officially launched the second cohort of its Shariah Mentorship Programme, marking a pivotal moment in its …
Chicago Hosts Third Annual Modest Fashion Weekend on August 30-31
The city of Chicago is abuzz with excitement as it prepares to host the Third Annual Modest Fashion Weekend, a highly anticipated event celebrating …
Countries with Hijab Bans: Top 5 Nations Implementing Restrictions
The hijab, a significant symbol of faith for many Muslim women, has become a focal point of controversy and debate around the globe. As the discussion …
How Food Handlers Ensure Halal Dietary Standards and Cultural Food Traditions
In today’s diverse and multicultural society, maintaining dietary standards that align with cultural and religious beliefs is of paramount importance. …