Offa Launches Modern, Paperless Buy-To-Let Finance, Revolutionizing Islamic Fintech
Offa, the UK’s pioneering Sharia-compliant bridge finance fintech, has introduced a groundbreaking buy-to-let (BTL) finance service. This …
Finance
Sharjah Islamic Bank Lists $500 Million Sukuk on Nasdaq Dubai
Nasdaq Dubai has proudly announced the listing of a $500 million Sukuk by Sharjah Islamic Bank (SIB), marking a significant milestone in the …
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. …
Top 4 Sharia-Compliant Investment Platforms for Ethical Investing in the UK
Sharia-based investing aligns financial activities with Islamic ethical and moral principles, making it a crucial choice for Muslim investors. …
IILM Reissues $940 Million in Short-Term Sukuk Across 3 Series
KUALA LUMPUR — In a significant move reflecting the strong demand and growing investor confidence in Islamic financial instruments, the International …
Azimut Egypt Debuts “Azinvest” Following Fintech License Approval
Azimut Egypt has revolutionized the asset management industry with the launch of its fully digital investment platform, “Azinvest.” This …
FABMISR Egypt Establishes Sharia Supervisory Committee for Islamic Banking
FABMISR, one of Egypt’s leading banks, has announced the formation of a new Internal Sharia Supervisory Committee (ISSC) to oversee and regulate its …
Qatar’s Awqaf Ministry Launches Inaugural Al Raqim Arabic Calligraphy Competition
Qatar has enriched its cultural heritage by introducing the first-ever Qatar International Arabic Calligraphy Competition, Al Raqim. This …
Are Stocks Haram or Halal in Islam?
For centuries, stock trading has been a cornerstone of global financial markets, offering significant long-term investment gains. However, many Muslim …
Malaysia Dominates the Global Islamic Finance Sector
Malaysia continues to shine as a top jurisdiction for Islamic finance, according to Fitch Ratings. This prominence is driven by a robust regulatory …
S&P Upgrades Kapitalbank to B+ Amid Digital Growth and Market Leadership
Kapitalbank, Uzbekistan’s largest private lender, has announced an upgrade in its long-term credit rating by S&P Global Ratings to B+ with a …
How Islamic Derivatives Are Transforming Risk Management in Muslim-Majority Countries
The demand for Sharia-compliant risk management tools, specifically Islamic derivatives, is experiencing significant growth in numerous …
Affin Bank to Launch Islamic Digital Asset Fund
KUALA LUMPUR: Affin Bank Bhd is making headlines with its plan to distribute the Islamic version of the newly launched Cross Light Capital Performa …
Oman’s EDO Sells Second Dollar Sukuk
State-owned Energy Development Oman (EDO) has successfully issued its second dollar sukuk, raising an impressive $750 million. This sukuk issuance was …
BIBD and Lion Global Unveil Singapore’s First Islamic Liquidity Fund
Lion Global Investors (LGI) of Singapore and BIBD Securities of Brunei Darussalam have teamed up to launch the Lion-BIBDS Islamic Enhanced Liquidity …
Pioneering Ethical Property Finance: An Interview with Ikhlas Finance Australia (IFA)
In an insightful and exclusive interview, Dr. Mohammad Moniruzzaman, the CEO of Ikhlas Finance Australia (IFA), delves into their pioneering vision, …
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 …
Abu Dhabi Islamic Bank Partners with Silent Eight for Compliance Automation
Abu Dhabi Islamic Bank (ADIB), a leader in the Islamic finance industry, has embarked on a transformative journey by partnering with Silent Eight, a …
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 …
NDMC Concludes June Sukuk Issuance at SAR 4.4 Billion
The National Debt Management Center (NDMC) announced on June 25 the successful closure of its June 2024 issuance under the Saudi Arabian Government …
Egypt’s Islamic Banking Transactions Hit $14.5 Billion in March 2024
By the end of March 2024, Egypt’s Islamic banking sector reached a significant milestone, with transactions valued at EGP 701 billion ($14.51 …
Fitch Assigns ‘BBB’ Rating to Indonesia’s Proposed USD Sukuk
In a significant update, Fitch Ratings has assigned a ‘BBB’ rating to Indonesia’s proposed USD Sukuk, issued through Perusahaan …
Gulf Bank Reaffirms Commitment in Regional Capital Markets at 2024 Middle East Bonds & Sukuk Conference
Gulf Bank has made a significant move to strengthen its influence in regional capital markets by participating in the prestigious Middle East Bonds, …
Oman Energy Development Announces 7-Year Sukuk Offering
State-owned Energy Development Oman (EDO) is gearing up for a major financial initiative with the launch of a U.S. dollar-denominated 7-year sukuk …