Hong Kong Relaunches Islamic Finance Drive Under Paul Chan’s Plan
Hong Kong is poised to take significant steps in repositioning itself as a hub for Islamic finance in Asia through its renewed Islamic Finance Drive. …
Finance
Pakistan’s First Islamic Nano Financing by Walee Financial Services
In a significant step toward building an interest-free financial system, Walee Financial Services Pvt Ltd has launched Pakistan’s first Islamic …
Top Islamic Financial Institutions 2024 Highlights
The top Islamic Financial Institutions landscape in 2024 is marked by resilience, growth, and continued adaptation. At the heart of this dynamic …
UAE Non-Oil Boom Fuels Islamic Finance Growth by S&P
Islamic finance in the UAE is rapidly growing, driven by a robust non-oil economy and supported by the nation’s focus on infrastructure, real estate, …
Bank Indonesia Governor Highlights 5 Key Drivers of Islamic Finance Growth
In recent years, the global halal industry has witnessed remarkable growth, driven largely by increasing consumer demand for ethically produced goods …
MUIS Awards 2024 Honors Suhaimi Salleh for Community Leadership in Singapore
In an inspiring testament to a lifetime of service and transformative leadership, Mr. Suhaimi Salleh was awarded the Anugerah Jasa Cemerlang (AJC) at …
Islamic Development Bank Issues EUR 500M Sukuk
The Islamic Development Bank (IsDB), headquartered in Jeddah, Saudi Arabia, continues to make substantial strides in global Islamic finance with its …
UAE Becomes Vietnam First Comprehensive Partner in the Middle East
Vietnam and the United Arab Emirates (UAE) recently entered a transformative phase of diplomatic and economic collaboration, marked by the signing of …
UAE Leads as Global Hub for Islamic Finance says FTSE Russell CEO
The UAE Global Hub for Islamic Finance, has become one of the most prominent financial centers in the global Islamic economy. This leadership is …
Hong Kong First ETF in Saudi Arabia Raises $1.3B as Investors Bet on China Growth
The launch of the Albilad CSOP MSCI Hong Kong ETF (Albilad ETF) in Saudi Arabia represents a landmark in cross-border finance, offering Saudi …
2024-2025 Islamic Finance Outlook: Insights from S&P Global & DIFC’s 14th Annual Conference
The Islamic finance industry, one of the fastest-growing segments in global finance, is set to continue its upward trajectory through the 2024-2025 …
Islamic Retail Banking Summit 2024 on Sustainable and Inclusive Growth
The Islamic Retail Banking Summit 2024, set to take place on November 26 in Dubai, aims to explore crucial themes around sustainable and inclusive …
OJK Unveils 2024 Guidelines for Sharia-Compliant Banking Products
In recent years, Islamic finance has grown as a significant part of the global financial system, appealing to Muslim and non-Muslim clients alike who …
Global Finance Names KFH Best Islamic Financial Institution 2024
Kuwait Finance House (KFH), a powerhouse in Shariah-compliant financial services, has been awarded the esteemed title of “Best Islamic Financial …
Durham University and AlBaraka Forum Drive Islamic Finance Growth in the UK
Durham Centre for Islamic Economics and Finance and AlBaraka Forum sign historic
memorandum of understanding to further the development of Islamic …
Warba Bank Appoints Abdullah Fakhro as Executive Director for Sharia Management
KUWAIT CITY — In a strategic move aimed at enhancing its leadership in Islamic finance, Warba Bank has appointed Abdullah Abdul Rahim Fakhro as the …
Borong and Maybank Launch Malaysia’s First B2B Halal Marketplace
In a significant development for Malaysia’s halal industry, Borong, a leading wholesale business-to-business (B2B) e-commerce platform, has joined …
AMB Connect Launches Malaysia’s First Shariah-Compliant ECF Platform
AMB Connect Sdn Bhd has officially launched its Islamic Equity Crowdfunding (ECF-i) platform, marking a significant milestone in Malaysia’s financial …
Islamic Banking as the Way Forward for Development in Indian-Occupied Kashmir
Imagine a financial system that not only aligns with your beliefs but also has the potential to uplift an entire region facing decades of political …
Revenue-Based Financing, A Viable Alternative To VC Funding
For many startups, securing funding is one of the most critical and challenging aspects of growth. Venture capital (VC) funding has long been the …
Islamic Finance Industry Still Facing Shortages of Scholars, Trained Professionals
The Islamic finance industry has grown rapidly over the past few decades, evolving from a niche market into a global phenomenon with assets exceeding …
London to Host Key Islamic Finance Summit This Year
The 3rd AlBaraka Islamic Finance Summit will be held on October 26-27, 2024, at the London Marriott Hotel Grosvenor Square, marking a significant …
Abdul Halim Ismail, Father of Malaysian Islamic Banking, Dies
Datuk Dr. Abdul Halim Ismail, often referred to as the “Father of Malaysian Islamic Banking,” passed away at the age of 85, leaving an …
Pakistani Senate Passes Bill to Boost Islamic Banking
The passage of the Banking Companies Amendment Bill 2024 by the Pakistani Senate marks a pivotal development in the country’s ongoing efforts to …