Hong Leong Islamic Bank Supports PIHEC 2023 Halal Expansion
Hong Leong Islamic Bank (“HLISB” or “The Bank”) participated in the Penang International Halal Expo & Conference 2023 …
Finance
RHB Introduces Shariah-Compliant Sustainable Tech Fund
Welcome to the world of technology-driven investments that align with your Islamic values—the Shariah-Compliant Tech Fund. RHB Banking Group’s …
Australia’s First Islamic Bank Gains $10M Hejaz Group Investment
Islamic Bank Australia, the nation’s inaugural Islamic bank, has secured a strategic partnership and $10m investment from Hejaz Group, a leading …
More UK Muslims Turn to Zakat Amid Living Cost Surge
Welcome to More UK Muslims, a vibrant community dedicated to empowering and connecting Muslims across the United Kingdom. As the United …
Egypt’s Agel Secures Pre-Seed Funding for Its Shariah-Compliant Fintech Platform
In a significant move for Islamic fintech, Egyptian startup Agel has secured a substantial seven-figure pre-seed funding round. The influx of funds …
Al Salam Bank Amplifies Algerian Footprint with Stake Increase in ASBA
Al Salam Bank, the Bahrain-based Islamic bank, has announced the acquisition of a majority stake in Al Salam Bank Algeria (ASBA), thereby increasing …
Singapore to Emerge as International Hub for Offshore Islamic Wealth by 2028
Welcome to the International Hub for Offshore Islamic Wealth, where individuals and businesses find a gateway to exceptional opportunities in …
Islamic Coin Revolutionizing Finance with Sharia-Compliant Crypto
Enter the fascinating world of Sharia-Compliant Crypto, where cutting-edge blockchain technology converges with the principles of Islamic finance, …
Funding Societies Launches Shariah-Compliant Investment Note in Malaysia
Experience the power of Shariah-compliant investment notes, a unique financial instrument that combines ethical principles with lucrative investment …
UK Retains Crown as Western Islamic Finance Hub Despite Local Niche
Fitch Ratings highlights the significant role of London in Islamic finance while observing its domestic limitations.
London Stock Exchange: Western …
Kazakhstan Undergoes Islamic Finance Assessment Led by IsDB Institute
The Islamic Development Bank Institute (IsDBI) has initiated a comprehensive Islamic Finance Country Assessment for Kazakhstan using its specially …
Most Islamic Finance Markets Remain Untested for Sukuk Recovery
Fitch Ratings-Dubai reports that the majority of the Organisation of Islamic Cooperation (OIC) countries, as per Fitch Ratings’ updated …
Dafinah Hilmi Takes the Helm as Hong Leong Islamic Bank’s New CEO
KUALA LUMPUR – Hong Leong Islamic Bank Berhad (HLISB) has announced the appointment of Dafinah Ahmed Hilmi as its new Chief Executive Officer, …
Sukuk Issuance: A Key Growth Catalyst for the Islamic Finance Sector
Welcome to the world of Islamic Finance Growth where the principles of Sharia-compliant finance intersect with the dynamic forces shaping the …
UAE’s Islamic Coin Surges to 1.3M Users, Trailblazing Halal Crypto
Dubai: UAE’s Islamic Coin is a testament to the country’s rich heritage and commitment to promoting Islamic values. As the tempestuous …
Is Islamic Finance A Good Career Path?
In the world of finance, Islamic finance has emerged as a force to be reckoned with. It is a system of finance that adheres to the principles of …
Boubyan Bank Secures Top Spot as World’s Premier Islamic Retail Bank
Witness the remarkable ascent of Boubyan Bank as it secures the top spot and solidifies its position at the zenith of the financial industry, …
Dubai Islamic Bank Launches ‘alt’: A Game Changer for Digital Banking Experience
Dubai Islamic Bank, a pioneering institution in the realm of Islamic banking, is proud to announce the launch of ‘alt,’ a revolutionary …
Are Islamic Online Banks Winning the Deposit War?
Are Islamic online banks emerging as the victors in the realm of digital finance? In the ever-evolving landscape of the financial industry, Islamic …
AAOIFI and Pakistan Join Forces to Advance Shariah-Compliant Capital Market
The recent collaboration between AAOIFI and Pakistan has joined tremendous excitement and potential in the realm of Islamic finance, as AAOIFI and …
Saudi Real Estate Refinance Company Raises SAR3.5 Billion in Sukuk Issuance
The Saudi Real Estate Refinance Company (SRC), a subsidiary of the Public Investment Fund (PIF), has successfully finalized its latest Sukuk issuance …
Islamic Finance Demand Surging in Central Asia, Says Oleg Ganeev from Sberbank
Last year, Sberbank launched its inaugural partner financing office in Tatarstan. As one of Russia’s premier financial institutions, Sberbank …
Court Orders Pak Government To Abolish Interest By 2027
Federal Shariat Court (FSC) of Pakistan Issues Directive to Abolish Interest from Nation’s Financial System by 2027
Delve into the …
How Does the Zakat System Work in the Middle East?
Zakat, one of the Five Pillars of Islam, is a form of obligatory almsgiving that plays a crucial role in the economic and social life of Muslims. In …