Nigeria’s First Sukuk Bond of N100 Billion Set to Mature in September 2024
Nigeria’s first Sukuk bond, valued at N100 billion and issued on September 26, 2017, is set to mature on September 26, 2024. This milestone …
Faysal Bank Projects Earnings to Double in Three Years
We are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. This valuation is based on a Price-to-Book (P/B) …
Pakistan Boycotts Israeli-Linked Products, Labels Netanyahu as ‘Terrorist
The government of Pakistan has launched a nationwide boycott of Israeli-linked products, following intense negotiations led by Prime Minister Shehbaz …
France’s Olympic Hijab Ban Highlights Ongoing Discrimination Against Muslims
The world often misunderstands Islam, mistakenly labeling it as an oppressive religion, especially towards women. This misconception perpetuates …
Saudi Arabia to Receive 100 Electric Aircraft, Transforming Hajj and Umrah Travel
In a significant step forward for Hajj and Umrah travel, Saudi Arabian Airlines Group (SAG) has signed a deal to acquire 100 electric aircraft from …
India Court Blocks Order Mandating Eateries to Display Owners’ Names
India Court blocks a controversial order requiring restaurants along the route of the annual Kanwar Yatra pilgrimage to display the names of their …
Why Indonesia Should Set the Standard for Global Modest Fashion
Indonesia is strategically positioning itself to set a new global standard for modest fashion, aiming to become the leading hub for the Muslim fashion …
Vietnam’s Halal Industry: Opportunities, Challenges, and Future Prospects
Mr. Akram Waqas, a devout Muslim from Pakistan, has embraced Vietnam as his second home. For the past five years, he has navigated the vibrant streets …
Why France Is Banning Hijabs for Olympic Athletes
As France prepares to host the upcoming Summer Olympics, its controversial policy of banning hijabs in sports remains a hot topic. This steadfast …
Moody’s Reaffirms IsDB’s ‘AAA’ Rating
The Islamic Development Bank (IsDB) has once again demonstrated its financial prowess, securing a “AAA” credit rating with a “Stable …
Pakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–25
The Central Directorate of National Savings (CDNS) is aiming high for the 2024-2025 fiscal year with an ambitious investment target of Rs 170 billion …
Malaysian Shop Raided for Using Fake Halal Logos on Snack Products
In a decisive action against fraudulent practices, the Perak Domestic Trade and Cost of Living Ministry recently raided a shop in Kampung Kacang …