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Finance

Amana Bank

Amana Bank Receives Global Acclaim Again at World’s Best Bank Awards

2024-06-10 by Aamer Yaqub
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 …
Insurance Group

AM Best Reaffirms Credit Ratings of Qatar Islamic Insurance Group Q.P.S.C.

2024-06-10 by Aamer Yaqub
In the vibrant landscape of the global insurance market, the Qatar Islamic Insurance Group Q.P.S.C. (QIIG) continues to distinguish itself with …

Capital Markets Authority in Kuwait Approves Warba Bank’s $750M Sukuk Proposal

2024-06-10 by Aamer Yaqub
Warba Bank of Kuwait has received the green light from the Capital Markets Authority for a significant sukuk offering valued at up to USD 750 million. …
IsDBI and CIBAFI Join Forces to Propel Sustainable Development via Islamic Finance

IsDBI and CIBAFI Join Forces to Propel Sustainable Development via Islamic Finance

2024-06-10 by Aamer Yaqub
In a significant move to advance Islamic finance and foster sustainable development, the Islamic Development Bank Institute (IsDBI) and the General …
Scholarly Perspectives on Zakat in the Modern World

Scholarly Perspectives on Zakat in the Modern World

2024-06-10 by Aamer Yaqub
In the vast ocean of Islamic jurisprudence, Zakat sails as one of the five pillars, guiding Muslims in their quest for spiritual fulfillment and …
Sukoon Takaful

Dubai-Listed Ascana Rebrands to Sukoon Takaful Following Stake Sale

2024-06-10 by Aamer Yaqub
In a significant development within the insurance sector, the Dubai-listed Arabian Scandinavian Insurance Company (Ascana) has rebranded itself as …

Innovations in Islamic Finance: Meeting the Growing Demand in the GCC

2024-06-07 by Hafiz M. Ahmed
Islamic finance faces significant challenges in developing innovative products and services that adhere to Shariah principles while meeting customer …
UAE Islamic Banks

UAE Islamic Banks’ Assets Exceed $195 Billion

2024-06-06 by Aamer Yaqub
The Islamic banking sector in the UAE is witnessing remarkable growth, with assets now surpassing $195 billion. According to the latest data from the …
Islamic Finance Has Remarkable Capacity To Nurture Ecosystems – Governor of Saudi National Development Fund

Saudi Fund Governor Highlights Islamic Finance’s Capacity to Nurture Ecosystems

2024-06-06 by Aamer Yaqub
In a compelling address at the 18th Islamic Development Bank Global Forum on Islamic Finance, Dr. Stephen Groff, Governor of the National Development …
Top 8 Islamic Financial Planning Tips for Disabled Individuals

Top 8 Islamic Financial Planning Tips for Disabled Individuals

2024-06-06 by Aamer Yaqub
Navigating life with a disability can present unique challenges, particularly when it comes to financial management. For Muslims, aligning these …
Can Islamic Finance Challenge Traditional Banking? Saudi Banker Reveals 5 Surprising Insights!

Can Islamic Finance Challenge Traditional Banking?

2024-06-06 by Aamer Yaqub
In the dynamic world of finance, the rise of Islamic finance presents an intriguing question: Can Islamic Finance Challenge Traditional Banking? Saudi …

Is the Gap Between the Rich and Poor Muslim Countries Widening?

2024-06-05 by Hafiz M. Ahmed
The economic disparity between rich and poor Muslim countries has been a subject of increasing concern, particularly in light of recent global …
A Guide To Managing Your Personal Finances the Halal Way

A Guide To Managing Your Personal Finances the Halal Way

2024-06-05 by Hafiz M. Ahmed
When it comes to managing your finances the halal way, one of the most crucial aspects is ethical investments. Ethical investing aligns financial …
Islamic Banking Market

Islamic Banking Growth in Bangladesh Stalls: Fitch Report

2024-06-05 by Aamer Yaqub
The Islamic banking market in Bangladesh is facing significant liquidity challenges, making it more vulnerable compared to its conventional …
HASAN Sets Stage for Halal VC Fund and Accelerator Launch in 2024

HASAN Sets Stage for Halal VC Fund and Accelerator Launch in 2024

2024-06-04 by Hafiz M. Ahmed
HASAN, an integral part of the Ethis Group, has launched its venture capital and accelerator program designed to propel startups in the halal economy. …
Global Forum of Islamic Economics and Finance: Shaping a Resilient Global Islamic Economy Through Values-Based Reforms

Global Forum on Islamic Economics 2024: Building a Resilient Islamic Economy

2024-06-04 by Aamer Yaqub
The Ministry of Finance and Bank Negara Malaysia (BNM) are gearing up to host the “Global Forum of Islamic Economics and Finance: Shaping a …
Halal Car Finance: Driving Diversity and Choice in the UK Vehicle Financing Sector

Halal Car Finance: Expanding Diversity and Choice in the UK Vehicle Financing Market

2024-06-04 by Aamer Yaqub
Halal Car Finance: Driving Diversity and Choice in the UK Vehicle Financing Sector” highlights how, as car finance becomes a more popular option …
Islamic Finance 2024-2025: Resilient Growth Anticipated Despite Missed Opportunities

IsIslamic Finance 2024-2025: Resilient Growth Forecast Despite Challenges

2024-06-04 by Aamer Yaqub
As the global Islamic finance industry continues to evolve, it’s marked by robust growth and transformative trends shaping its future. Islamic …
Women and Zakat

Women and Zakat: Roles, Responsibilities, and Rights

2024-06-04 by Aamer Yaqub
Welcome to an exploration of the intersection of women’s empowerment and the Islamic practice of Zakat. In this article, we’ll delve into …
Islamic Bank’s Private Sector Forum Hosts Participants From 83 Countries

12th IsDB Private Sector Forum in Riyadh Sees $6.5 Billion in Agreements

2024-06-04 by Aamer Yaqub
The 12th Private Sector Forum, orchestrated by the Islamic Development Bank (IsDB) Group, recently concluded in Riyadh, marking a significant …
Abu Dhabi National Takaful Company Wins the Prestigious “Takaful Company of the Year” Award

Abu Dhabi National Takaful Company Honored as ‘Takaful Company of the Year

2024-06-04 by Aamer Yaqub
Abu Dhabi National Takaful Company wins the prestigious “Takaful Company of the Year” award. A standout in the UAE’s takaful …
Two Awards for BILIF at Manila Ceremony

BILIF Wins Top Honors at 3G Awards for Education and HR Development

2024-06-04 by Aamer Yaqub
The Brunei Institute of Leadership and Islamic Finance (BILIF) recently stood in the spotlight of recognition, having been honored with two …
Islamic Wealth Management

Islamic Wealth Management Industry Evolves with Market Trends

2024-06-04 by Aamer Yaqub
KUALA LUMPUR — The Islamic wealth management industry is on the brink of significant transformation as it adapts to changing market needs and emerging …
Islamic Finance Forum Promotes Capital Markets for Sustainable Growth

Islamic Finance Forum Promotes Capital Markets for Sustainable Growth

2024-06-02 by Aamer Yaqub
The Global Forum of Islamic Economics and Finance (GFIEF) 2024 recently hosted a dynamic panel session titled “Fostering Finance at Scale through …
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The Halal Times

The Halal Times, led by CEO and Editor-in-Chief Hafiz Maqsood Ahmed, is a prominent digital-only media platform publishing news & views about the global Halal, Islamic finance, and other sub-sectors of the global Islamic economy.

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