Most Islamic Finance Markets Remain Untested for Sukuk Recovery
Fitch Ratings-Dubai reports that the majority of the Organisation of Islamic Cooperation (OIC) countries, as per Fitch Ratings’ updated …
Africa
How Can Nigeria Capitalize On the Growing Halal Market?
The growing halal market in Nigeria, with its large Muslim population and abundant resources, is in a prime position to take advantage of this growth. …
Court Awards N240,000 to UI School in Hijab Hearing Delay
Discover the recent court ruling that awards N240,000 to the UI School in a hearing delay related to the issue of hijab. In a recent ruling, an Oyo …
IDB Approves $345M for Egypt’s Eco-Friendly Train
Islamic Development Bank (IsDB) has approved $403 million worth of projects in member countries such as Egypt, Kyrgyzstan, and Tajikistan to bolster …
Islamic Finance in Nigeria Continues To Flourish
Islamic Finance in Nigeria has emerged as a thriving sector, offering Sharia-compliant banking solutions and investment opportunities to cater to the …
Al Rayan Bank, UK Fined for Anti-Money-Laundering Violations
Al Rayan Bank, the largest Islamic financial institution in the U.K., has been fined £4 million (approximately $4.9 million) by the Financial Conduct …
Nejatullah Siddiqui, A Father of Islamic Economics, Passes Away at 91
Indian economist Dr. Mohammad Nejatullah Siddiqi, who was awarded the 1982 King Faisal International Prize for Islamic Studies, passed away suddenly …
Which Are the Top 10 Muslim Economies in 2024?
Have you ever wondered about the top 10 Muslim economies worldwide in terms of GDP? What are their major exports and imports? What challenges do these …
Why Should Islamic Finance Institutions Give Priority to Women?
Financial inclusion, wealth creation, increased economic activities, and financial stability for households are part of the benefits derived from …
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 …
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 …
Jordan Offers Nigerians Halal Tourism, Other Options for Visits
The Hashemite Kingdom of Jordan is expanding its tourism offerings to Nigerian tourists to include leisure, education, wellness and other touristic …
Expert Predicts Significant Rise in Global Islamic Finance Assets
According to Sanusi, the global Islamic financial market has witnessed rapid growth over the last decade.
“The global Islamic finance assets grew by …
Nigeria To Issue $610 Million Sukuk To Improve Road Infrastructure
Nigeria will issue a sovereign Sukuk on its domestic market for up to 250 billion naira ($610 million) this year to finance infrastructure projects, …
How Islamic Finance Can Reduce Poverty in Nigeria?
Poverty is one of the biggest threats to Nigeria’s social stability, but it can be reduced through the activities of Islamic Finance …
CIBAFI and AAOIFI Launched an Online Workshop on Ethics
The General Council for Islamic Banks and Financial Institutions (CIBAFI) and the Accounting and Auditing Organization for Islamic Financial …
Modest Fashion Thriving in Africa Too
There is a common misconception that Africa does not have anything substantial to offer to the world. However, that has proved to be wrong in …
Investment in Global Fintech Sector Reaches $98bn in 2021
Investment in the global fintech sector has reached $98bn in the first half of 2021. It was recently reported by KPMG`s bi-annual report on the …
Nigeria Becomes Fintech Capital of Africa
Nigeria`s Lagos has become the fintech capital of Africa. It recently overtook Kenya`s Nairobi as the main hub for fintech startups in the continent. …
Wahed Invest To Offer Robo Advisory Services in South Africa
New York-based halal fintech firm Wahed has entered the South African market after receiving a regulatory license from the Financial Sector Conduct …
How ‘Halal’ Can Benefit My Business?
By ISA Halal
Halal certification can benefit your business in a dynamic market by indicating to Muslim and non-Muslim consumers alike that your …
Pandemic Offers Africa A Chance To Boost Sovereign Sukuk Sales
The financing required to rebuild economies in African nations following the coronavirus pandemic allows the continent to boost its share of Islamic …
Qatar FinTech Hub Announces Wave 2 Of Its Incubator, Accelerator Programs
22 FinTechs selected to take part in Wave 2 of the Incubator and Accelerator Programs to run from March until June 2021. The Qatar FinTech Hub …
Islamic Finance Could Reduce Poverty
Islamic finance could reduce poverty and the economic challenges associated with it. The way to do so would be to increase access to credit in some of …