Saudi Arabia Moving Away From Oil To Financial Technology
Crude oil production in Saudi Arabia slowed down considerably last year, from 10,643 BBL/D/1K in December 2018 to only 9,890 BBL/D/1K in November …
Finance
Alliance Islamic Bank Launches Halal-in-One Program To Help SMEs
Putrajaya, – Alliance Islamic Bank Berhad (“Alliance Islamic Bank”), a subsidiary of Alliance Bank Malaysia Berhad, launched its Halal-in-One …
Istanbul Finance Center to be role model: Malaysian CEO
A top Malaysian businesswoman has expressed high hopes from the Istanbul Finance Center, an upcoming project that will add to the growing dominance of …
Turkey, Qatar, Malaysia Poised To Lead Islamic Finance Industry
Turkey, Qatar, Malaysia are poised to lead the Islamic finance industry in the coming years, the CEO of Qatar Financial Center said recently.
Speaking …
Bank Nizwa Recognized As The Leader In Islamic Finance In Oman
Bank Nizwa, Oman’s fastest-growing Islamic bank continues to excel in providing excellent customer service. The bank received two awards in this …
Malaysia Should Lead Islamic Social Finance Endavors
According to the State of the Islamic Economy Report 2018/19, Malaysia has retained its status as the leader in the Islamic economy ecosystem for five …
Nigeria`s Growth Path In Islamic Finance
Mr. Banji Fehintola, Senior Director and Head of Treasury and Financial Institutions at the African Finance Corporation (AFC), recently shared …
Is There Any Takaful Product For The Poorest?
Is there a Takaful product tailored for the poorest communities? The International Shariah Research Academy (ISRA) in Malaysia is on a mission to find …
CIMB Expects To Increase Its Share Of SME Sector In Singapore
CIMB has set its sights on expanding its share of the SME sector in Singapore, with plans to increase its market share from 3 percent to 6 percent by …
IDB President To Chair Global Banking Meetings
In a landmark development for global finance, Dr. Bandar Hajjar, the President of the Islamic Development Bank (IDB), has been selected to chair a …
Four Key Trade Bodies Agree To Grow Green Sukuk Sector
Dubai Islamic Economy Development Centre has announced an agreement with the Dubai International Financial Centre, the Dubai Financial Market, and the …
Bank Nizwa Nurtures Growth of Omani Experts in Islamic Finance
Bank Nizwa, a pioneer in Islamic finance in Oman, proudly boasts a 91% Omanization rate, reflecting its dedication to nurturing local talent within …
Four Iranian Banks Listed Among Top Islamic Banking
The Islamic financial market has been growing steadily, with various countries making significant strides in integrating Islamic finance principles …
The Next Step to Boost Islamic Finance Education
Islamic finance has emerged as a significant player in the global financial landscape in recent years. Its emphasis on ethical investment, …
Islamic Fintech Pioneers Test Creative Ways to Engage Consumers
In 2015, Junaid Wahedna stepped out of a taxi in New York, bewildered by the conversation he had just had with the driver. The young financial …
Increased Islamic Banking Penetration Supports Pakistani Banks’ Profitability
Moody’s Investors Service has in its report on Pakistan’s Islamic banking landscape highlighted the increase in banking sector’s profitability due to …
Malaysia to Boost Economy and Finances by Working on a Huge Trade Alliance
Malaysia is a small economy but has a big reputation in the world markets for its Islamic financing and Islamic Capital. In the shadow of the U.S.- …
New Law to Boost Islamic Financing
The Bangko Sentral ng Pilipinas (BSP) is seeing more Islamic financing activities in the Philippines following the signing of Republic Act (RA) 11439 …
Revitalized Islamic Banking to Boost Financial Inclusion
The enactment of a new Islamic banking law will help the Philippines achieve better levels of financial inclusion by making banking services more …
Islamic Financial Instituitions Urged To Provide Training To Strengthen ISME Sector
KUALA LUMPUR (Aug 28): Islamic banking institutions in Malaysia have been urged to provide extensive financing and entrepreneurship training to small …
Islamic Finance Is Thriving In Malaysia, Says BNM Governor
Malaysia’s Islamic banking industry is not only maintaining its position in the financial landscape but is also thriving, showing signs of maturity …
Experts To Finalize Islamic Finance Regulations After Phiollpines Passes New Law
The enactment of a new Islamic banking law will help the Philippines bring about financial inclusion by making banking services more accessible to …
Malaysia To Focus On Halal, Islamic Finance Industries In Trade With Arab Countries
KUALA LUMPUR (Aug 14): Malaysia intends to keep its focus on the halal and Islamic finance industries in its efforts to enhance trade relations with …
Philpiines to Regulate Growing Islamic Banking
DAVAO CITY — The National Commission on Muslim Filipinos is pushing for the approval of Enrolled Bill 8281 by President Mr. Rodrigo R. …