Islamic Development Bank Approves $575.63 Million for Member Nations’ Development
The Islamic Development Bank (IsDB) has reaffirmed its commitment to fostering sustainable and inclusive development by approving $575.63 million in …
Africa
Egypt Pioneers Sustainable Finance with Local Green Islamic Bond
Egypt is poised to make a landmark shift in sustainable finance by planning the issuance of Green Islamic Bonds, also known as green sukuk, in its …
Egypt and Saudi Arabia Sign Landmark Trade Deal to Strengthen Economic Partnership
In a breakthrough for regional economic integration, Egypt and Saudi Arabia have signed a landmark agreement to enhance trade cooperation between the …
Store Apologizes for Incorrectly Labeling Pork as Halal
A Spar supermarket in the Strand, Western Cape, found itself embroiled in controversy after labeling pork products with halal certification logos. …
Global Finance Magazine Names ADIB-Egypt ‘Best Islamic Financial Institution’ in Egypt
Abu Dhabi Islamic Bank-Egypt (ADIB-Egypt) has once again underscored its leadership in the Islamic finance sector by clinching Global Finance …
Business the Way Allah Wants It 2024 Conference Empowers Muslim Entrepreneurs in Lagos
Hibah Consulting Limited proudly announces the return of its highly anticipated conference, “Business the Way Allah Wants It” (BTWAWI), now in its …
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 …
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 …
Key Lessons from Islamic Financial Innovation
Islamic financial innovation is rapidly transforming the global financial landscape. Driven by modern technology, ethical finance principles, and a …
Islam Is Not All the World`s Problem
Have you ever wondered why Islam, followed by over two billion people worldwide, is still so widely misunderstood? Despite its profound history and …
Lifting the Bottom Billion: Will It Work This Time?
Imagine being part of a billion people stuck in a cycle of extreme poverty—unable to break free due to war, corruption, lack of education, and …
Halal Tourism Poised To Become Next Big Goldmine
Halal tourism is rapidly emerging as one of the fastest-growing sectors in the global travel industry. As more Muslim travelers seek experiences that …
ITFC and Central Bank of Nigeria Conclude Successful Islamic Banking and Trade Finance Workshops
The International Islamic Trade Finance Corporation (ITFC), a member of the Islamic Development Bank (IsDB) Group, recently concluded a successful …
Cambridge Unveils Rare Islamic Manuscripts for First Time
A remarkable collection of, many of which are being showcased for the first time, is now on display at the Cambridge University Library. This …
Al Baraka Capital, INVIA Launch Sharia Fund for Small Businesses in Egypt
Al Baraka Capital, the Islamic financial services arm of Al Baraka Bank, in collaboration with fintech firm INVIA, has taken a significant step in …
10 Countries, Including Malaysia and Egypt, Support Halal Tourism to Boost Global Travel Industry
As the world becomes more interconnected, the travel industry is witnessing a significant shift with the rise of Halal tourism, an essential segment …
How Sharia-Compliant Banking and Digital Identity are Advancing in Kenya and Somalia
Africa’s financial and digital landscapes are experiencing a remarkable transformation, driven by the rapid adoption of digital banking and the …
Nigeria’s Halal Certification Authority to Host 4th International Seminar
The Halal Certification Authority (HCA) is poised to host its 4th International Seminar, themed “Exploring Halal Industry for Balanced Growth and …
Sheikhul Islam of Thailand Attends 9th Fatwa International Conference in Cairo
In a notable convergence of global religious leadership and scholarly dialogue, His Eminence Mr. Aroon Boonchom, Sheikhul Islam of Thailand, …
Countdown to the 4th International Halal Seminar in Nigeria: What to Expect
Nigeria is set to host a landmark event in the halal industry—the 4th International Halal Seminar—on August 14, 2024, at the Radisson Blu Hotel in …
Saudi Arabia to Boost Investments in Egypt
In a landmark development for regional economic cooperation, Saudi Arabia has unveiled a comprehensive plan to significantly boost its investments in …
Nigeria’s First Sukuk Bond of N100 Billion Set to Mature in September 2024
Nigeria’s first Sukuk bond, valued at N100 billion and issued on September 26, 2017, is set to mature on September 26, 2024. This milestone …
Emerging Africa Launches N1bn Halal Investment Fund
Emerging Africa’s launch of the N1 billion Halal Fund is a groundbreaking development in Sharia-compliant investments, expertly tailored to meet …
Egypt Expands Takaful & Karama Cash Support to 73,000 More Families
Egypt is enhancing its commitment to social welfare through the expansion of the Takaful and Karama Cash Support Programme, a cornerstone of the …