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Islamic
What is islamic finance and how does it work?
Islamic finance is a way of doing financial transactions and banking while respecting Islamic…
Global Finance recognizes Boubyan Bank with award for ‘Best Islamic Bank in Kuwait’
Global Finance announced its awards for banks in Kuwait and the region, which saw Boubyan…
Egypt secures $1bln in financing from ITFC in 2023
The International Islamic Trade Finance Corporation (ITFC) has financed the Egyptian government with around $1…
ISR module in Islamic banking
Islamic banking in Bangladesh has two modules for profit distribution to Mudaraba depositors. One is…
OJK: Sharia Banking assets up 15.8% to IDR 2.3tn
The Financial Services Authority (OJK) released the 2022 Indonesian Sharia Financial Development Report (LPKSI). The…
Tropicana redeems RM465.5mil Islamic bond
Tropicana Corp Bhd had redeemed the Sukuk Wakalah Programme tranche of RM465.5mil on June 30.…
Aljazira Takaful records 53.5% drop in Q1-23 net profits
The net profits before Zakat of Aljazira Takaful Taawuni Company reached SAR 7.90m in the…
IsDB Institute co-organizes Islamic finance seminar in Kazakhstan
The Islamic Development Bank Institute (IsDBI) successfully co-organized an Islamic finance seminar as part of…
Islamic banks’ assets up to $177b by end of March 2023: CBUAE
Gross assets of the Sharia-compliant banks operating in the UAE grew to AED650 billion ($177…
NdcTech, Temenos host Pakistan’s first Islamic Banking Conference
NdcTech, a Systems Limited Company, in collaboration with Temenos hosted a groundbreaking Islamic banking conference…
