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 …
South Asia
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 …
Muslim Homes in India Demolished Due to Cow Incidents, Leading to Public Outrage
In a deeply controversial move, authorities in Madhya Pradesh have demolished the Muslim homes of four men shortly after detaining them on charges of …
SBP Directs IBI To Adopt New AAOIFI Shariah Standards
Karachi: The State Bank of Pakistan (SBP) has issued a directive for the adoption of two crucial Accounting and Auditing Organization for Islamic …
Bombay High Court Hears 9 Students’ Case Against College Hijab and Burqa Ban
Mumbai: In a landmark legal battle, nine students have taken a stand against a burqa ban imposed by Chembur Trombay Education Society’s NG …
Bangladesh Hosts Shariah Audit Training for Islamic Banks
The five-day training course on “Shariah Audit of Islamic Banking Operations,” jointly organized by the Central Shariah Board for Islamic Banks of …
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 …
CSBIB and BIBM Host Seminar on Islamic Banking in Dhaka
The Central Shariah Board for Islamic Banks of Bangladesh (CSBIB) and the Bangladesh Institute of Bank Management (BIBM) jointly organized a national …
Amana Bank Receives Global Acclaim Again at World’s Best Bank Awards
Amana Bank has once again earned the prestigious title of ‘Sri Lanka’s Best Islamic Finance Institution’ at the 17th World’s Best Bank Awards 2024 by …
Southern Halal Expo in Phuket To Boost Tourism and Economy
Phuket is set to host the much-anticipated “Southern Halal Expo,” an event poised to significantly impact the region’s tourism and economy. The …
Islamic Banking Growth in Bangladesh Stalls: Fitch Report
The Islamic banking market in Bangladesh is facing significant liquidity challenges, making it more vulnerable compared to its conventional …
Training Course on Halal Products Standards To Be Held in Islamabad in May
The COMSTECH-SMIIC Training Course titled “OIC/SMIIC Halal Products Standards and Testing: Food, Pharmaceuticals, and Cosmetics” is …