Waafi Bank Partners with Bank of London for UK Services
In an ambitious move that has the potential to reshape the landscape of Islamic banking in the UK, Waafi Bank has chosen The Bank of London as its …
Finance
Eastern Bank Launches Islamic Banking in Bangladesh
In a major development for the financial sector in Bangladesh, Eastern Bank has officially launched its Islamic banking services, marking a …
What is the Best Islamic Wealth Secret?
You know, we often think that piling up wealth is the ultimate marker of success, right? But here’s something interesting: in Islam, success …
Islamic Development Bank Opens Two New Hospitals in Indonesia
On August 31, 2024, Indonesia reached a significant milestone in its healthcare sector with the inauguration of two state-of-the-art hospitals by …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche offering into a mainstream component of the financial …
London Stock Exchange Marks Warba Bank’s Sustainable Sukuk Issuance
Warba Bank, a leading Islamic financial institution in Kuwait, has once again demonstrated its commitment to innovation and sustainability by …
Abu Dhabi Finance Week 2024: 50 Events Coming in 100 Days
Abu Dhabi Finance Week (ADFW) is set to return for its third edition, promising to be a landmark event in the global financial calendar. Scheduled to …
Best Financial Advice for Muslims in Their 20s
Managing your finances in your 20s can be pretty overwhelming, especially when you’re trying to balance the demands of today’s world with …
How to Save Money the Japanese Way: Mastering the Art of Kakeibo
In today’s world, where the pull of consumerism is stronger than ever, it can be challenging to manage your finances in a way that truly reflects your …
Banque Saudi Fransi Raises $800M with Riyal-Denominated Sukuk Offering
In a strategic move that underscores its robust financial foresight, Banque Saudi Fransi (BSF) has completed a significant issuance under its …
Top 4 FinTechs Pioneering Sharia-Compliant Investments in the UK
As the global Islamic finance market continues its rapid growth, with projections estimating it will reach $4.94 trillion by 2025, the demand for …
Amana Bank Sri Lanka Named Best Islamic Bank in South Asia
Amana Bank has recently been adorned with the prestigious title of ‘Best Islamic Bank in South Asia 2024’ by Brands Review Magazine Awards. This …
Maldives Hosts Global Islamic Finance Summit 2024
The Islamic finance industry is witnessing an unprecedented surge in interest. It is driven by its ethical principles, focus on social responsibility …
Can the UK Become A Leading Western Hub for Islamic Finance?
The United Kingdom has long been recognized as a pivotal player in the global Islamic finance industry, serving as a significant Western hub for …
Qatar Stock Exchange Opens Strong with Realty and Industrials Leading Market Gains
The Qatar Stock Exchange (QSE) opened the week on a positive trajectory, with its key index recording a 10-point gain, buoyed by strong buying …
Maybank Becomes First Commercial Bank to Offer Islamic Banking in the Philippines
Maybank Islamic Banking has recently made headlines by becoming the Philippines’s first private commercial bank to offer Shariah-compliant services, …
What is Murabaha? Understanding the Key Islamic Financing Method
Murabaha is one of the most prominent concepts in Islamic finance, often used in various financial transactions, including home purchases, vehicle …
The Truth About Islamic Banking: Debunking the Top 10 Myths and Misconceptions
Islamic banking has rapidly gained traction as a strong alternative to conventional financial systems, delivering services that align with the ethical …
2025 IsDB Prize Nominations Open: Honoring Excellence in Islamic Economics
The Islamic Development Bank Institute (IsDBI) is excited to announce the opening of nominations for the prestigious IsDB Prize for Impactful …
Muhammad Rafe Appointed CEO of MBSB Bank Starting August 19, 2024
MBSB Bank Bhd, a leading entity in Malaysia’s Islamic finance sector, has recently made headlines with the appointment of Mohamed Rafe Mohamed …
Top 10 Islamic Banks Worldwide: Leading Institutions for Islamic Finance in 2024
Islamic banking has experienced remarkable growth in recent decades, establishing itself as a significant player in the global financial sector. …
How Islamic Banks Are Navigating Financial Strain to Maintain Dividend Payments
In a dramatic turn of events, cash-strapped Islamic banks under the S Alam Group in Bangladesh have distributed dividends for 2023 to their …
How Malaysia’s Fintech Boom is Reshaping Southeast Asia
Malaysia’s fintech boom is not just a national trend—it’s a transformative force sweeping across Southeast Asia. As the country rapidly advances …
Ilhan Omar Wins Primary as ‘Squad’ Members Cori Bush and Jamaal Bowman Lose
WASHINGTON — Rep. Ilhan Omar, D-Minn., emerged victorious in her primary election on Tuesday, successfully defending her seat despite a turbulent …