Islamic

Despite facing challenges in economic transformation

The Securities and Exchange Commission of Pakistan (SECP) has issued its first ‘Islamic Finance Bulletin’…

Pakistan banks win Saudi, ITFC trade finance credit line

Saudi Exim Bank and the International Islamic Trade Finance Corporation (ITFC) have extended a US$25mn…

Al-Qasabi: Saudi Arabia strives to develop halal industries on a global scale

Minister of Commerce Dr. Majed Al-Qasabi inaugurated the Makkah Halal Forum at the Makkah Chamber…

Ahli Islamic opens first Islamic bank in Quriyat

Ahli Islamic is delighted to announce the grand opening of its latest branch in the…

National Savings issues Islamic bonds for promotion of Islamic finance system

The Central Directorate of National Savings (CDNS) has secured Rs 55 billion in Islamic finance…

Dubai Islamic Bank’s 2023 profit climbs 24% on higher revenue

Dubai Islamic Bank, the UAE’s biggest Sharia-compliant lender by assets, reported a 24.1 per cent…

SECP organizes interactive session for Shariah scholars

The Securities and Exchange Commission of Pakistan (SECP) conducted an interactive session for Shariah scholars…

Global sukuk issuance to hit $170b in 2024: S&P

S&P Global Ratings’ latest report titled “Sukuk Outlook 2024: Cautiously Optimistic”, forecasts global sukuk issuance…

Africa Finance Corp., ITFC to provide Egypt with $250m

Egypt is set to receive $250 million in a Sharia-compliant trade loan facility from the…

Liquidity crisis of Islamic banks due to structural problems: Rouf

The liquidity crisis in Islamic banks have arisen due to structural problems, Bangladesh Bank Governor…

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