ADIB Reaches 1 Million Users on Its Mobile Banking App
Abu Dhabi Islamic Bank (ADIB), a prominent Islamic financial institution, has recently celebrated a significant digital milestone: surpassing one …
Middle East
Arada Secures $400M Sukuk, Oversubscribed by 3.5 Times
Sharjah-based real estate developer Arada Developments LLC (“Arada”), rated B1 by Moody’s and B+ by Fitch, has successfully issued its second public …
Saudi Arabia’s Islamic Arts Biennale Announces 2025 Opening Date
The highly anticipated second edition of Saudi Arabia’s Islamic Arts Biennale will commence on January 25, 2025, organizers announced. This unique …
Balad Falafel Introduces Halal Cart to Orange County in the US
Waiting in line on a recent afternoon, the fragrant aroma of fresh falafels from the Balad Falafel cart wafted through the air, overpowering even the …
Five Guys Launches Largest UAE Branch at Dubai International Airport
Five Guys, the beloved American burger chain, has expanded its global footprint by opening its largest branch in the United Arab Emirates at Dubai …
Saudi Arabia to Host Brazil Investment Summit, Plans $15B Investment
Saudi Arabia is poised to make a significant financial commitment to Brazil, as revealed during an investment summit held this week in Rio de Janeiro. …
Awqaf Minister Tours Qatar’s Hajj Camps in Holy Areas
In preparation for the Hajj season AH 1445, HE Ghanem bin Shaheen Al Ghanim, the Minister of Endowments (Awqaf) and Islamic Affairs and head of the …
Pak-Qatar Family Takaful Announces Waqas Ahmad as New CEO
Pak-Qatar Family Takaful Limited (PQFTL), a leading provider of Shariah-compliant Family Takaful solutions, is excited to announce the appointment of …
Kuwait Hajj Chief Urges Compliance with Saudi Laws
As the Hajj season approaches, the Chief of the Kuwaiti Hajj Mission, Dr. Bader Al-Mutairi, emphasized the critical importance of adhering to Saudi …
Hajj Pilgrims Advised To Take Precautions Against Scorching Heat
As millions of Muslims from around the globe converge in Makkah for the annual Hajj pilgrimage, they embark on a profound spiritual journey that holds …
Saudi Arabia Removes 300,000+ Unregistered Pilgrims Before Hajj 2024
As the annual Hajj pilgrimage draws near, Saudi Arabia has implemented stringent measures to enhance the safety and organization of millions of …
CBB’s Sukuk Al-Ijara Oversubscribed by 323%
MANAMA, (BNA): The Central Bank of Bahrain (CBB) has announced a remarkable achievement: the latest issuance of its short-term Islamic leasing bonds, …
Qatar’s Islamic Finance Assets Reach QR656bn in 2023, Reports Bait Al Mashura
Islamic finance assets in Qatar experienced significant growth in 2023, rising by 3.3% year-on-year to reach QR656 billion, according to a recent …
AM Best Reaffirms Credit Ratings of Qatar Islamic Insurance Group Q.P.S.C.
In the vibrant landscape of the global insurance market, the Qatar Islamic Insurance Group Q.P.S.C. (QIIG) continues to distinguish itself with …
Alizz Islamic Bank Offers Travel Now, Pay Later Plan Without Salary Transfer
This summer, Alizz Islamic Bank is making it easier for you to explore the world with its new Pay Later travel finance offer. Starting from June 3rd …
Zil Hajj Moon Sighted in Saudi Arabia, Eid Ul Adha on June 16
Saudi authorities have confirmed the sighting of the crescent moon, marking the beginning of Zil Hajj, the final month of the Islamic lunar calendar. …
Female Pilgrims Advised Against Wearing Provocative Clothing
As millions of Muslims around the world prepare for Hajj 2024, significant attention is being given to the conduct and dress code of female pilgrims. …
Malaysian F&B Products Stand Out at Saudi Food Show
The Malaysian Islamic Development Department (MATRADE Jeddah) recently organized the participation of 33 Malaysian exhibitors in the Saudi Food Show …
Dubai-Listed Ascana Rebrands to Sukoon Takaful Following Stake Sale
In a significant development within the insurance sector, the Dubai-listed Arabian Scandinavian Insurance Company (Ascana) has rebranded itself as …
Zain Kuwait Offers Free Roaming Plus Plan for Hajj Travelers
In an ongoing commitment to support Hajj travelers, Zain has announced the continuation of its annual collaboration with the Ministry of Awqaf and …
Extreme Heat Predicted for Hajj Pilgrimage This Year
As the Hajj season approaches, the Saudi National Center for Meteorology (NCM) has issued a crucial weather forecast for the holy sites, alerting …
UAE Islamic Banks’ Assets Exceed $195 Billion
The Islamic banking sector in the UAE is witnessing remarkable growth, with assets now surpassing $195 billion. According to the latest data from the …
Top 10 Halal-Friendly Destinations in 2024
Traveling while adhering to halal practices has become increasingly accessible with the rise of destinations that cater specifically to Muslim …
Saudi Arabia to Fine and Deport Unauthorized Pilgrims During Hajj 2024
As the sacred journey of Hajj 2024 approaches, Saudi Arabia has reiterated its strict policies regarding unauthorized pilgrims. In a statement on …