Riyadh Air Secures $1.3 Billion Financing Through Emirates NBD Partnership
In a landmark deal that underscores Saudi Arabia’s growing ambitions in the global aviation sector, Riyadh Air, the Kingdom’s newest national airline, …
Finance
Malaysia Sets the Benchmark for the Global Halal Industry
Malaysia has long been at the forefront of the Global Halal Industry, setting benchmarks for halal production, certification, and trade. Today, it …
Dhaka Bank Secures Three Prestigious Wins at Mastercard Excellence Awards 2024
In a remarkable achievement that underscores its leadership in the financial sector, Dhaka Bank clinched top honors in three key categories at the …
Bank Muamalat, CGC Launch Halal Guarantee-i Scheme for SMEs
In a bold step to reinforce Malaysia’s halal economy, Bank Muamalat Malaysia Berhad, in partnership with Credit Guarantee Corporation Malaysia …
Nigeria’s $2.2 Billion Debt Strategy to Boost Budget Funding
To address fiscal challenges and stabilize its economy, Nigeria has unveiled its $2.2 billion debt strategy, aiming to raise funds by issuing …
Islami Bank Wins Visa Payment Excellence Award 2024
Islami Bank Bangladesh PLC (IBBL) has been recognized for its outstanding contributions to digital banking by winning the prestigious Visa Payment …
Meezan Bank and CashNow Launch Digital Islamic Supply Chain Finance Solution
In a landmark development, Meezan Bank, Pakistan’s largest Islamic bank, has joined forces with CashNow, a cutting-edge fintech platform, to introduce …
AEON Bank Leads Malaysia`s First Islamic Digital Bank Revolution
As the demand for digital banking services rises globally, Malaysia’s AEON Bank Malaysia Berhad (AEON Bank) has marked a historic milestone. AEON Bank …
Firoza Finance Launches Shariah-Compliant Investment Pools
The demand for ethical and Shariah-Compliant Investment Pools is reaching unprecedented levels, especially as decentralized finance (DeFi) opens up …
Noor Takaful Insurance to Host African Takaful Conference
The African Takaful Conference has rapidly emerged as one of the most crucial events in Africa’s financial sector, particularly for those involved in …
Are Binary Options Halal or Haram in Islam?
Have you ever wondered if the rapidly growing world of binary options trading aligns with your Islamic values? Binary options have exploded in …
Former State Bank Governor Identifies Barriers to Islamic Finance in Pakistan
Karachi, November 12, 2024 – Dr. Ashrat Hussain, the former governor of the State Bank of Pakistan, underscored the formidable challenges facing the …
How Islamic Finance Empowers SMEs for Growth and Success
Small and Medium Enterprises (SMEs) are the lifeline of Pakistan’s economy. With over five million SMEs contributing about 90% of the country’s …
KFH Joins AAOIFI Conference on Islamic Finance Standards
In a milestone event, Kuwait Finance House (KFH) joined leading voices at the 19th Annual Conference of the Accounting and Auditing Organization for …
QIB Named Qatar’s Safest Islamic Bank and 2nd in GCC by Global Finance
Qatar Islamic Bank (QIB), Qatar’s leading digital and Shari’a-compliant bank, has once again distinguished itself on the global stage by being named …
Bank Rakyat Appoints Ahmad Shahril Shariff as Acting CEO
KUALA LUMPUR – Bank Rakyat, Malaysia’s prominent Islamic cooperative bank, has taken a significant step to ensure consistent leadership and …
How Is Islamic Finance Failing the Real Test?
Islamic finance is experiencing a global boom, with around 500 Islamic banks operating in 75 countries. Growing at an impressive rate of 10-15% …
Central Bank Drives Islamic Banking Growth at Bahrain Conference
The Central Bank of Afghanistan is pioneering a major transformation in the nation’s financial sector, championing a shift toward Islamic …
Meezan Bank Partners with ITFC to Boost Private Sector Trade Finance
In an exciting development for Pakistan’s economy and the global Islamic finance landscape, Meezan Bank, the largest Islamic bank in Pakistan, has …
Almarai Wins ‘Best Corporate Sukuk’ at Asset Triple A Awards
Almarai, as Best Corporate Sukuk and the region’s largest vertically integrated dairy company and one of the Middle East’s most influential food …
BCA Syariah and Thought Machine Join Forces to Transform Islamic Banking with Next-Gen Tech
BCA Syariah, a prominent Islamic bank in Indonesia, has announced a strategic partnership with Thought Machine, a leading cloud-native core banking …
Bank Negara Governor Highlights Islamic Finance’s Role in Economic Revitalization at KLIFF 2024
At the 19th Kuala Lumpur Islamic Finance Forum (KLIFF) 2024, held at the prestigious Royale Chulan Hotel, Dato’ Seri Abdul Rasheed Ghaffour, Governor …
Saudi Awwal Bank Becomes Saudi Arabia’s First ISO-Certified Bank for Quality Management
Saudi Awwal Bank (SAB) has achieved a historic milestone as the first ISO-Certified Bank in Saudi Arabia to earn the ISO 9001:2015 certification for …
Philippines Launches Takaful Islamic Insurance for Sharia-Compliant Coverage
The launch of Takaful Islamic Insurance in the Philippines marks a turning point in the nation’s financial sector, especially for the country’s …