Why Should Islamic Finance Incumbents Partner With Islamic Fintech Challengers?
Islamic finance has come a long way over the past few decades, with the industry evolving from niche to mainstream. It is now estimated that the …
Finance
What Are the Halal Alternatives to Student Loans?
Financing higher education is a critical concern for many students across the United States and other developed countries, with student loans …
Top 5 Financial Issues Young Muslims Should Focus On
As a young Muslim, it’s important to focus on building a strong financial foundation that will set you up for a bright future. With so many …
Easy to Use, Mobile Payment Apps Are Also Easy to Misuse
Mobile payment apps have become increasingly popular in recent years, offering users the convenience of making transactions with just a few taps on …
Abu Dhabi Islamic Bank Reports 55% Rise in Net Profit For 2022
In 2022, ADIB’s revenues improved by 23 percent to reach Dhs6.8bn, compared to Dhs5.56bn in the previous year, driven by a 43 percent increase …
Islamic Banking Thriving in Bangladesh
Islamic banking has witnessed impressive growth in Bangladesh in recent years amid strong public demand for interest-free financial transactions and a …
Islamic Finance in Nigeria Continues To Flourish
Islamic Finance in Nigeria has emerged as a thriving sector, offering Sharia-compliant banking solutions and investment opportunities to cater to the …
Al Rayan Bank, UK Fined for Anti-Money-Laundering Violations
Al Rayan Bank, the largest Islamic financial institution in the U.K., has been fined £4 million (approximately $4.9 million) by the Financial Conduct …
What Are the Latest Trends in the Islamic Fintech Industry?
Islamic Fintech is a rapidly growing sector of the global financial industry. It covers a broad range of financial services, products, and platforms …
Bank Nizwa Offers Islamic Finance For Various Needs At Competitive Rates
Muscat: With the launch of a new campaign, Bank Nizwa, one of the leading Islamic banks in the Sultanate, is now catering to customers seeking an …
Sukuk Market Struggles Across Borders as Issuance Disappoints
US$202.1 billion of Sukuk were issued in 2021 representing a 9% growth. US$713 billion of Sukuk were outstanding as of 2021.
Sukuk issuances are …
What is the State of the Islamic Finance Industry in Japan?
Islamic finance is a financial system that is based on principles of Shariah or Islamic law. It is a rapidly growing industry that is estimated to be …
What Are the Challenges of Using “Buy Now Pay Later” Service?
Buy now pay later (BNPL) is a type of payment option that allows consumers to purchase goods and pay for them at a later date, often with no upfront …
Abu Dhabi Islamic Bank launches ADIB PAY
Abu Dhabi Islamic Bank (ADIB), a financial institution, announced the launch of the region’s first tokenized, contactless payment methods through the …
How Does Ijara Financing Work?
Ijara financing is a type of Islamic financing that is based on the principles of profit and loss sharing. It is a popular financing option in …
Why Are Non-Muslims Converting To Islamic Finance?
Islamic finance, also known as sharia-compliant finance, is a financial system that is based on principles of fairness, transparency, and ethical …
What Is the State of the Islamic Fintech Industry in the US?
The Islamic fintech industry in the United States is a rapidly growing sector that is gaining increasing attention from investors, entrepreneurs, and …
Maqasid: Bringing Islamic Finance and Banking Back to Life
The fundamental concerns, real-world challenges, and consequences of traditional economics, banking, and finance have become more visible in modern …
How To Keep Your Investment Halal?
As a Muslim investor, aligning your financial activities with Islamic principles is crucial. The concept of halal investing ensures that your …
Islamic Coin wins ESG Crypto at The Middle East Blockchain Awards
Islamic Coin plans to offer several services, including a wallet and a super app, and will soon be available on exchanges. Welcome to The Middle East …
Is Halal Investing Compatible With ESG Goals?
Can halal investing principles align with the increasingly popular Environmental, Social, and Governance (ESG) standards? It’s a topic gaining …
Islamic Finance Growing in Bangladesh Despite Structural Issues
The Bangladeshi Islamic finance industry is likely to continue growing over the medium term, driven by rising public demand, new branch openings, and …
Crypto Has Crashed
Crypto has crashed. We have seen the spectacular rise and, then, fall of a currency that did not have much basis since its inception.
Is this the …
Pakistan Pledges To Abolish Interest in Five Years
Dar says FSC’s order on interest-free banking to be implemented
The government announced on Wednesday it would implement the Federal Shariat Court …