India’s Growing Calls for a Ban on Halal Meat
In recent years, the call to ban halal meat in India has intensified, particularly following the rise to power of the Hindu-nationalist Bharatiya …
South Asia
Can Halal Cosmetics & Beauty Products Thrive In India?
The global market for halal cosmetics and beauty products is booming, driven by growing consumer demand for ethical, safe, and halal-certified …
Food Authority Seizes Large Quantities of Substandard Meat and Honey
In a relentless effort to ensure the safety of food consumed by the public, the Khyber Pakhtunkhwa (KP) Food Safety and Halal Food Authority has …
How To Salvage Pakistan’s Economy?
Pakistan’s economy has faced several challenges over the years, including political instability, mounting debt, a fragile fiscal structure, and …
Pak-Qatar Family Takaful CEO Waqas Ahmad Joins IAP Executive Committee
The Takaful industry in Pakistan has reached a pivotal milestone with the appointment of Waqas Ahmad, CEO of Pak-Qatar Family Takaful (PQFTL), to the …
SBP Simplifies Conversion for Conventional Banks to Islamic Banking
State Bank of Pakistan (SBP) has taken a progressive step in promoting Islamic banking by revising the criteria for converting conventional banking …
Malaysia Opens A New Trade Office in Pakistan
In a boost to Pakistan’s economic ties with Southeast Asia, the country has announced the establishment of a Malaysian trade office in Karachi. This …
India to Launch Halal Meat Exports to 15 Muslim Nations
In a significant shift in trade policy, the Indian government plans to export halal-certified meat and related products to 15 Muslim-majority …
Battle Against Halal in India Intensifying
The current anti-halal movement in India, fueled by the BJP-led government and supported by Hindu nationalist groups, is creating waves of tension …
HAC Sri Lanka Signs MOU with Thailand’s Halal Science Center
In a significant step towards enhancing the quality and reliability of Halal certification, the Halal Assessment Council of Sri Lanka (HAC) has signed …
HNB General Takaful Awarded ‘Takaful Window/Unit of the Year 2023/24’
HNB General Takaful, the Islamic insurance division of HNB General Insurance, has garnered widespread attention in the financial sector after being …
Islamic Bank Deposits Continue to Grow Despite Ongoing Irregularities
Islamic Bank deposits in Bangladesh continue to exhibit resilience and growth, even as several major institutions grapple with financial scandals and …
Union Bank PLC Names Md Fariduddin Ahmed as Chairman to Boost Islamic Finance
Union Bank PLC, a key player in the Islamic finance sector, is embarking on a transformative journey with the recent appointment of Md Fariduddin …
Eastern Bank Launches Islamic Banking in Bangladesh
In a major development for the financial sector in Bangladesh, Eastern Bank has officially launched its Islamic banking services, marking a …
Islamic Banks Provide More Affordable Financing, Say Experts
Islamic banking in Pakistan has undergone a significant transformation, evolving from a niche offering into a mainstream component of the financial …
Amana Bank Sri Lanka Named Best Islamic Bank in South Asia
Amana Bank has recently been adorned with the prestigious title of ‘Best Islamic Bank in South Asia 2024’ by Brands Review Magazine Awards. This …
Maldives Hosts Global Islamic Finance Summit 2024
The Islamic finance industry is witnessing an unprecedented surge in interest. It is driven by its ethical principles, focus on social responsibility …
How Islamic Banks Are Navigating Financial Strain to Maintain Dividend Payments
In a dramatic turn of events, cash-strapped Islamic banks under the S Alam Group in Bangladesh have distributed dividends for 2023 to their …
Takaful Islami Holds 24th Annual General Meeting Virtually
Takaful Islami Insurance Ltd hosted its 24th Annual General Meeting (AGM) through an innovative virtual platform, starting at 11:00 am. This digital …
BML Showcases Islamic Housing Financing Solutions at Living Expo
The Bank of Maldives (BML) is making a significant impact at the ongoing Living Expo, held at Hulhumale Central Park. This vibrant event, which will …
SECP Develops Alternate Shariah-Compliant Structure for Short-Term Sukuk Issuance
Islamabad — The Securities and Exchange Commission of Pakistan (SECP) is making significant strides in developing the country’s financial markets by …
Amana Takaful Mobile App Wins Insurance Asia Award
Amana Takaful Insurance, a prominent player in Sri Lanka’s insurance landscape, has achieved a remarkable milestone by being awarded the …
PSX Set to Auction Rs. 100 Billion Sukuk on August 15
The Pakistan Stock Exchange (PSX) is preparing for a significant financial event with its 12th Sukuk Auction scheduled for August 15, 2024. This …
Indian Muslims Demand Immediate Withdrawal of Controversial Waqf Bill
New Delhi- A chorus of disapproval has emerged from leading Muslim organizations regarding the recently introduced Waqf (Amendment) Bill in the Lok …