CreditPer & PayPro to Offer Customers Interest-Free Loans in Pakistan
CreditPer, a pioneer in digital financial services in Pakistan for individuals and businesses alike, has joined hands with PayPro to provide …
Finance
SBP Introduces Shariah Compliant OMO Injections for IBIs
The State Bank of Pakistan (SBP) has unveiled new Shariah-compliant liquidity facilities, including a standing ceiling facility and open market …
Bank Nizwa Extends Its Financing Facilities to Khazaen Dry Port
The sultanate’s leading Islamic bank, Bank Nizwa on Wednesday celebrated and marked the official opening of the Khazaen Dry Port, which falls under …
Malaysia Ready to Become a Global Leader in Islamic Fintech
The Islamic fintech sector is undergoing rapid digitalization, matching the speed of the digital transformation of the global finance …
What Is the Role of Fintech in the Rise of Islamic Finance?
When it comes to fintech innovation, most conversations typically revolve around the diversification of a sector once dominated by legacy …
INCEIF Becomes a Premier Educational Institution for Islamic Finance
INCEIF becomes a premier educational institution of Islamic finance globally. The 12th Convocation of INCEIF recently witnessed the graduation of …
Hejaz Planning To Become First Islamic Bank in Australia
Hejaz Financial Services, one of the leading providers of Islamic finance in Australia, is set to apply for a banking license to become an authorized …
Saudi Arabia Hosts Forum on Islamic Banking
Saudi Arabia Cements Leadership in Islamic Banking: First National Forum Explores Industry’s Trajectory
Saudi Arabia is firmly establishing …
Why Collaboration Is Key to Unlocking the Future of Islamic Finance?
Banks and FinTech companies need to join hands to create innovative Sharia-compliant products that help them stay relevant
Two major factors are …
Bank of England Opens Alternative Liquidity Facility For Islamic Banks
The Bank of England has today opened the Alternative Liquidity Facility (ALF), which has taken deposits from participating UK-based Islamic banks for …
Digitization of Islamic Financial Services Must For Pak Economy
Adviser to Prime Minister (PM) on Finance and Revenue Shaukat Tarin on Tuesday asked financial institutions, concerned regulatory and supervisory …
How Do Muslims Think About Islamic Wealth Management?
In the dynamic and evolving landscape of Islamic wealth management, contemporary studies have provided deeper insights into how Muslims approach …
Egypt’s 2021 Sukuk Issuance Less Than Expected
Contact Financial Holding launched the only Sukuk issuance YTD in Egypt, with a value of EGP 2.5bn. Noteworthy, FRA still has Sukuk offerings on the …
What Can Sukuk Learn From Social Impact Bonds in the Context of COVID Crisis?
Beyond the lack of financial resources, delivery failures are among the main causes of poor public services in developing countries. The incapacity of …
How Islamic Banks Are Making Their Mark in the Post-Pandemic UAE
New research shows the gap between the penetration of conventional and Islamic banking products in the UAE has narrowed to just 1%
The gap between the …
What Is the State of Islamic Banking in India?
Public interest litigation (PIL) filed in J&K High Court on Interest-free banking has once again raised a debate that one thought has gone into …
INCEIF Hosts Dialogue On Islamic Fintech
The 4th Islamic Fintech Dialogue 2021 (IFD2021) was successfully held virtually last week under the theme: Sustainability and Inclusivity through …
On Setting the Direction of Future Research in Islamic Economics and Finance
Ideas generate knowledge, the research develops and shapes it. But what we choose to explore is often subjective. Hence it is important what questions …
Islamic Finance Industry Set to Hit $4.94trn in 2025
The Islamic finance industry is set to hit $4.94trn by the year 2025. The report highlighted new trends this year, including the expansion of the …
What Does the Future Hold for Islamic Finance?
After remaining resilient in 2020, the Islamic finance segment is performing strongly this year, as an improved economic environment, a rise in the …
Adib Appoints Al Awadhi as Group Chief Executive Officer
Abu Dhabi Islamic Bank’s (Adib) Board of Directors has announced the appointment of UAE National Nasser Abdulla Al Awadhi as Adib’s new Group Chief …
Indonesia’s Largest Crypto Exchange Respond to Ulema’s Bitcoin Fatwa
sIndodax, Indonesia’s largest crypto asset exchange by the number of users, has reacted to the latest fatwa from one of Indonesia’s …
Nebix Joins Qatar Financial Centre to Create Opportunities for Qatari Financial Institutions
Qatar Financial Centre (QFC), an onshore financial and business center in the region, has recently welcomed aboard NEBIX LLC, a fintech digital trade …
What Should be The Role Of Islamic Green Financing?
The grave implications of climate change and environmental degradation have pushed the need for a more sustainable economy to the forefront of public …