DeFi Platform Marhaba to Tap $3 Trillion Islamic Economy With Halal-Certified NFTs
Marhaba DeFi Network (MRHB), a Muslim-focused “ethical” decentralized finance platform, has introduced what it is calling the “world’s first” …
Finance
Islamic Banking in Pakistan To Outpace Conventional Peers by 2026
With a continued strong growth trajectory, Pakistan’s Islamic banking industry is estimated to materially outpace conventional banking by 2026, …
Shariah Experts Issues World’s First NFT-based Halal Certification
Shariah Experts Ltd. has become the world’s first halal advisory firm to issue shariah compliance certificates on blockchain in the form of …
UAE to Provide Insurance For Unemployed Workers
The United Arab Emirates (UAE) on Monday approved an unemployment insurance scheme to provide unemployed individuals with income support for a limited …
Wahed appoints former SEC Director Lori Richards to Board of Directors
New York: Wahed, a global fintech company that encourages social responsibility and financial inclusion through accessible, affordable, and …
Shariah Experts Ltd Issues World’s First NFT-Based Halal Certification
Shariah Experts Ltd. has become the world’s first halal advisory firm to issue shariah compliance certificates on blockchain in the form of …
IsDB Institute Unveils New Brand Identity
The Islamic Development Bank Institute (IsDBI) has unveiled a new brand identity, following the expansion of the Institute’s mandate as the knowledge …
Dubai’s Dar Al Takaful, Abu Dhabi’s Watania To Merge Into UAE’s Largest Islamic Insurance Provider
The merger will involve a share swap, whereby shareholders of Watania, now listed on the Abu Dhabi Securities Exchange, will receive shares in DAT, …
IsDB Asks Banks and Financial Institutions To Issue Sukuk in Dollars
The Islamic Development Bank (IsDB), a leading multilateral development bank with the highest possible credit rating (AAA) from Moody’s, …
Crypto Startup To Use Sharia-Compliant Digital Assets for Expansion
Fasset has been working with prolific Islamic finance jurists and thought-leaders to educate the masses on how Muslims can interact with crypto in a …
Pakistan’s Zaraye, a B2B Platform, Raises $2.1M from Tiger Global
Obtaining raw materials is a major pain point for Pakistan’s manufacturers, who need to have multiple phone calls with suppliers while waiting for …
Abu Dhabi’s ADQ Invests $20B in Egypt’s Commercial International Bank
The Abu Dhabi investment company is taking stakes in multiple publicly-listed companies in Egypt as part of its $20 billion ‘joint strategic …
Emirates Islamic Launches Services To Support UAE Companies
The new account builds on the bank’s ongoing commitment to supporting the UAE’s SME sector, which contributes more than 50% to the country’s …
PayHalal Partners With Atome to Offer Islamic Buy Now, Pay Later Feature
Shariah-compliant payment gateway PayHalal is now offering merchants participation in its inaugural iBNPL facility jointly offered with buy now, pay …
Oman’s Islamic Banking Growth To Continue Despite Challenges
Muscat – Oman’s Islamic banking sector is likely to sustain its strong growth trajectory in the short-to-medium term despite a number of structural …
Islamic Fintech Needs Conducive Ecosystem To Grow Exponentially
THE global Islamic fintech market needs a conducive ecosystem to achieve exponential growth potential, according to Maybank chairman Tan Sri …
Malaysia Seeks Sustainable Lead to Drive Islamic Finance Growth
Islamic finance pioneer Malaysia is looking for new drivers to reignite growth for its $286 million industry.
Sustainable finance and digitization of …
Oman’s Islamic Banking Industry Growing
The Islamic banking sector in Oman is likely to sustain its positive trajectory in the short-to-medium term despite a number of structural challenges, …
Taliban to Replace Conventional Banking Network With Islamic Banking
The Central Bank of Afghanistan will update the south-central Asian country’s financial rules, according to Jurist.org.
The Taliban-led bank has …
World’s First Shariah Compliant Crypto Exchange To Launch in March
GC Exchange will launch on 30th March 2022, the first Shariah-compliant Crypto Exchange, based on the norms of Shariah. GC Exchange will create a …
Top 5 Ways To Increase Awareness About Islamic Finance
In 2021, global Islamic financial assets reached an all-time high of more than $4 trillion marks as expected by the industry pundits earlier. With the …
What Are NFTs?
The halal Times editors have written about the NFTs on various occasions in the past as well. However, today we wanted to share with you an article …
ESG Goals Could Help Boost Islamic Investing
The global Islamic finance market could expand dramatically if its goals are combined with those of Environmental, Social, and Governance (ESG) …
Qatar Consistently Among Top 10 in Islamic Finance Globally
Doha: Qatar, which has QR528bn of Islamic finance assets, has been consistently ranked among the top 10 of the world’s leading Islamic financial …