Dr. Muneeza Appointed to Shariah Committee at Maldives Islamic Bank
In a notable development for the Islamic finance sector, Dr. Aishath Muneeza has been appointed to the Shariah Committee of the Maldives Islamic Bank …
South Asia
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, …
The Rediscovery of Mughal Glass: Unveiling Its Hidden History
“Mughal Glass: A History of Glassmaking in India“, published by Roli Books, is a landmark publication that delves into the opulent world …
5 Surprising Challenges Islamic Banking in Bangladesh Will Face in the Next Decade
Islamic banking has established itself as a significant player in Bangladesh’s financial landscape, contributing to the country’s economic …
SBP Injects Rs 9.57 Trillion into Pakistan’s Conventional and Islamic Banking Systems
On Friday, the State Bank of Pakistan (SBP) executed a monumental financial maneuver, injecting an astonishing Rs 9.57 trillion into the banking …
ZLK and Dubai Islamic Bank Partner to Expand Shariah Investments
In a landmark development for the Islamic finance sector, ZLK Islamic Financial Services, one of Pakistan’s leading Shariah-compliant brokerage …
Countries with Hijab Bans: Top 5 Nations Implementing Restrictions
The hijab, a significant symbol of faith for many Muslim women, has become a focal point of controversy and debate around the globe. As the discussion …
IFIC Bank Launches ‘IFIC Islamic’: Innovative Solutions for Shariah-Compliant Banking
IFIC Bank PLC has proudly unveiled ‘IFIC Islamic’, its new comprehensive suite of Shariah-compliant financial services. This major …
Faysal Bank Projects Earnings to Double in Three Years
We are initiating coverage on Faysal Bank Limited (FABL) with a target price of PKR 100 per share. This valuation is based on a Price-to-Book (P/B) …
Pakistan Boycotts Israeli-Linked Products, Labels Netanyahu as ‘Terrorist
The government of Pakistan has launched a nationwide boycott of Israeli-linked products, following intense negotiations led by Prime Minister Shehbaz …
India Court Blocks Order Mandating Eateries to Display Owners’ Names
India Court blocks a controversial order requiring restaurants along the route of the annual Kanwar Yatra pilgrimage to display the names of their …
Pakistan’s CDNS Targets Rs 170 Billion for Islamic Finance in FY 2024–25
The Central Directorate of National Savings (CDNS) is aiming high for the 2024-2025 fiscal year with an ambitious investment target of Rs 170 billion …
PSX Appoints Meezan Bank as First Market Maker for GOP Ijarah Sukuk
The Pakistan Stock Exchange (PSX) has taken a major step forward by inducting Meezan Bank as the first market maker for the Government of Pakistan …
Al-Arafah Islami Bank Hosts ‘Business Development Conference’ to Foster Growth
Al-Arafah Islami Bank recently hosted its half-yearly “Business Development Conference 2024” at its head office in Dhaka. This event was a …
Thai PM Advocates for Halal Food Market Expansion to Strengthen Economy
Prime Minister Srettha Thavisin of Thailand has emphasized the importance of expanding the Halal food market as a strategic move to boost the …
BoK Inaugurates Women-Centric Islamic Banking Branch in Peshawar
PESHAWAR: The Bank of Khyber (BoK) has made a groundbreaking move by opening the first women-centric Islamic banking branch in Khyber Pakhtunkhwa. …
Maldivians Call for Boycott of Companies Profiting from Palestinian Genocide
In recent months, Maldivians have intensified their protests, taking to the streets to demand a boycott of companies like KFC and Pizza Hut. These …
Takaful Islami Insurance Holds 3rd Investment Committee Meeting
On July 9, 2024, Takaful Islami Insurance Limited hosted its pivotal 3rd Investment Committee Meeting at the company’s main office in Dhanmondi, …
Muhammad Taqi Usmani Advocates for Innovative Sukuk Strategies
Sukuk’s transformative potential goes far beyond simply bridging budgetary deficits; it serves as a vital tool for funding development projects. …
Islami Bank Surpasses Sonali Bank as Largest Lender by Deposits
Islami Bank Bangladesh PLC has reached a remarkable milestone by becoming the largest lender in the country by total deposits, overtaking Sonali Bank …
Leading Pakistani Food Manufacturer Announces New UAE Subsidiary
KARACHI: Ismail Industries Limited, a prominent Pakistani food manufacturer and exporter has unveiled plans to establish a subsidiary in Abu Dhabi, …
PACRA Upgrades MCB Islamic Bank’s Long-Term Rating to A+
In a major milestone for MCB Islamic Bank, the Pakistan Credit Rating Agency Limited (PACRA) has elevated the bank’s long-term entity rating …
Heatwave in Pakistan Claims Over 500 Lives in Six Days
As temperatures soared in southern Pakistan, so did the death toll as Pakistan swelters. The Edhi ambulance service, which usually transports around …
Why Should We Boycott Indian Goods?
In recent times, there have been increasing calls from Muslims in the Arab world and around the globe to boycott Indian goods. This movement gained …