Is Crypto Halal in 2024? Islamic Scholars` View
Cryptocurrencies have taken the world by storm, with Bitcoin, Ethereum, and many other digital assets entering mainstream conversations. As global …
Finance
AlHuda CIBE to Honor Takaful and Re-Takaful Excellence at Awards Ceremony
Dubai, UAE – The AlHuda Centre of Islamic Banking and Economics (CIBE) is excited to announce the highly anticipated Takaful and Re-Takaful Awards …
Islamic Development Bank Signs Strategic Agreement with Kazakhstan
In a significant move to bolster regional development and strengthen economic ties, the Islamic Development Bank (IsDB) has signed a memorandum of …
Al Baraka Islamic Bank Signs Agreement with Bahrain Airport Company
Manama, Kingdom of Bahrain: Al Baraka Islamic Bank, a leading name in the Islamic banking sector, has entered into a strategic partnership with …
Malaysia Secures RM4 Billion Halal Industry Investment from China
Malaysia is set to receive a significant boost in halal industry investments from China, amounting to RM4 billion. Deputy Prime Minister Datuk Seri …
Halal Mortgages Gain Popularity in America
The growth of Islamic mortgage options over the past two decades has revolutionized the path to homeownership for Muslims, especially in countries …
Bank Muamalat’s Khairul Kamarudin Named GIFA 2024 CEO of the Year
The Global Islamic Finance Awards GIFA 2024 illuminated the exceptional leadership within the Islamic banking sector, granting the CEO of the Year …
KFH Achieves New Heights with Successful Merger of Ahli United Bank
Kuwait Finance House (KFH) has once again demonstrated its prowess in the Islamic banking sector by completing a monumental merger that has reshaped …
SME Bank Fuels Halal Industry Growth at 20th Malaysia International Halal Exhibition 2024
SME Bank Malaysia Berhad (SME Bank), the lead agency for the Ministry of Entrepreneur and Cooperatives Development (MECD), has once again demonstrated …
How Islamic Finance is Driving Growth in Muslim-Friendly Travel
At the 4th World Islamic Tourism Conference (WITC), a compelling panel discussion titled “Islamic Finance and the Economic Opportunities for …
Arab Banking Conference 2024 drives sustainable development and financial innovation
The Arab Banking Conference 2024, held in Doha, recently concluded with great success, bringing together a diverse group of senior financial and …
Moody’s Forecasts Global Sukuk Issuance to Exceed $200 Billion in 2024
KUALA LUMPUR – Global sukuk issuance is on track to surpass the US$200 billion mark in 2023, highlighting the continued growth and resilience of the …
ARMM Gov’t Aims to Acquire DBP Shares in Al-Amanah Islamic Bank
The Bangsamoro Autonomous Region in Muslim Mindanao (BARMM) is moving forward with a transformative plan to acquire shares from the Development Bank …
Al Baraka Capital, INVIA Launch Sharia Fund for Small Businesses in Egypt
Al Baraka Capital, the Islamic financial services arm of Al Baraka Bank, in collaboration with fintech firm INVIA, has taken a significant step in …
HNB General Takaful Awarded ‘Takaful Window/Unit of the Year 2023/24’
HNB General Takaful, the Islamic insurance division of HNB General Insurance, has garnered widespread attention in the financial sector after being …
Islamic Mortgages in the UK 2024: Best Rates, Top Providers, and Alternatives
The Islamic mortgage in the UK market has evolved significantly over the past few years, making it an increasingly viable option for Muslim homebuyers …
Islamic Bank Deposits Continue to Grow Despite Ongoing Irregularities
Islamic Bank deposits in Bangladesh continue to exhibit resilience and growth, even as several major institutions grapple with financial scandals and …
Effective Management of Islamic Social Funds Key to Poverty Alleviation
Islamic social funds are emerging as a crucial tool in the fight against poverty in Indonesia. Vice President Ma’ruf Amin has emphasized the need to …
Malaysia’s Islamic Finance and Halal Expertise Attracts Russia’s Interest, Says Anwar
KUALA LUMPUR – Malaysia’s renowned expertise in Islamic banking and its burgeoning halal industry places it in an ideal position to complement …
Sharia Finance Key to Enhancing Indonesia’s Economic Productivity
Indonesia, the world’s largest Muslim-majority country, has been leveraging Islamic finance to drive its economic growth. With a significant …
10 Haram Jobs Muslims Should Avoid for Halal Income
Imagine this: A friend of mine, who recently converted to Islam, came to me with a dilemma. He had been working in a job he enjoyed, but as he learned …
How to Avoid Haram Money in Today’s Global Economy
In today’s fast-paced world, where business and investments move across borders in the blink of an eye, it’s becoming harder for Muslims like us, who …
What Does an Islamic Finance Advisor Do?
You know, Islamic finance is gaining a lot of traction in today’s financial markets, and it’s not hard to see why. As the global Muslim population …
Union Bank PLC Names Md Fariduddin Ahmed as Chairman to Boost Islamic Finance
Union Bank PLC, a key player in the Islamic finance sector, is embarking on a transformative journey with the recent appointment of Md Fariduddin …