Are Prize Bonds Halal?
Imagine you’re sitting with a group of friends, and the topic of investing comes up. Someone mentions prize bonds—a popular choice for those …
Finance
What is Microtakaful and How Does It Work?
In recent years, the concept of microtakaful has emerged as a significant development in Islamic finance, offering a Shariah-compliant insurance …
IsDB Encourages Member Countries to Foster Ethical Entrepreneurial Leaders for Sustainability
In a compelling statement delivered from Riyadh, Dr Muhammad Al-Jasser, the Islamic Development Bank (IsDB) president, emphasized the urgent need for …
HDC Partners with IsDB and HPDC to Open New Markets for Malaysian Halal Players
In a significant stride towards global integration, Malaysia’s halal sector has received a substantial boost with the announcement of a new …
Emirates Islamic First in Region to Offer Fractional Sukuk to Investors
Emirates Islamic has distinguished itself as the pioneering Islamic bank in the region to offer Fractional Sukuk to investors, heralding a new era in …
Sustainable Sukuk Market Guidance Launched by ICMA, IsDB, and LSEG
In a landmark collaboration, the International Capital Market Association (ICMA), the Islamic Development Bank (IsDB), and the London Stock Exchange …
IsDB Forecasts $15 Trillion Needed by 2040 for Global Sustainable Infrastructure
At the Islamic Development Bank’s (IsDB) 2024 Annual Meetings in Riyadh, President Dr. Mohammed Al-Jasser articulated a compelling vision for …
Salaam Bank Uganda Wins ‘Best New Islamic Bank’ Award
KAMPALA – Why did Salaam Bank Uganda win ‘Best New Islamic Bank’ at the IFN Awards? As a trailblazer in Shariah-compliant financial …
IsDB President Advocates for Cultivating Entrepreneurial Leaders
The 18th Global Islamic Finance Forum recently served as a prominent platform for discussions on advancing Islamic finance and fostering leadership in …
What is a Halal Mortgage? How Does It Work?
In today’s diverse financial world, addressing varying ethical and religious needs is crucial. Enter the Halal mortgage—a financial solution tailored …
What is the Role of Mosques in Zakat Collection and Distribution?
In the heart of Islamic communities, mosques stand not just as places of worship but as beacons of hope and assistance for those in need. Today, we …
How Does Political Instability Impact Global Islamic Finance? Top 10 Insights
In today’s interconnected world, political instability significantly affects various sectors, including Islamic finance. This blog post, titled …
Top 10 Halal Investment and Savings Tips for Seniors
Investing and saving in a manner that aligns with Islamic principles can be a fulfilling but complex journey, especially for seniors who are keen on …
Top 5 Tips for Parents on Teaching Kids Islamic Finance Effectively
In today’s world, financial literacy is a crucial skill that every individual needs to manage their resources wisely. For Muslim families, …
Top 5 Insights into Gharar and Its Impact on Your Financial Transactions
Understanding the concept of Gharar and its implications is crucial for anyone engaged in financial transactions, particularly those adhering to …
Top 5 Pros and Cons of Islamic Banking in 2024 for Investors
Islamic banking, with its unique ethical framework and principles, has gained significant traction globally over the past few decades. As we move into …
Top 5 Ways Islamic Finance Can Boost Charitable Giving Through Zakat and Sadaqah
Charitable giving is a cornerstone of many cultures and religions around the world, but it holds a particularly special place in Islam. Islamic …
Top 5 Steps to Start an Islamic Investment Club in 2024
As you contemplate the launch of an Islamic investment club in 2024, you are poised to embark on an exciting venture that not only consolidates …
Top 5 Key Strategies to Unlock Agricultural Financing with Salam Contracts in 2024
Welcome to the age of innovation in agricultural financing! As farmers and agribusinesses continue to seek reliable funding sources, Salam contracts …
Top 10 Insights into Islamic Finance Debt – Your Complete 2024 Guide
In the evolving landscape of global finance, Islamic finance continues to stand out, not only for its rapid growth but for its unique approach to …
Top 10 Strategies to Build Your Halal Investment Portfolio in 2024
In the dynamic world of finance, aligning your investment strategies with your ethical and religious values is crucial. For those looking to adhere to …
What is a Waqf and How Does It Work?
In the tapestry of charitable practices worldwide, Waqf stands out as a unique and enduring tradition. Originating from Islamic law, it has woven its …
What is Islamic Social Finance: A Comprehensive Guide
The surge in demand for ethical and socially responsible investments has never been more apparent. Leading this movement is Islamic Social Finance, a …
How Islamic Social Finance Contributes to Poverty Alleviation
The global Islamic economy has burgeoned to an impressive $2.29 trillion in 2023. A significant part of this growth story is the transformative role …