Islamic

UAE investor acquires controlling interest in Summit Bank

  A UAE-based investor has secured a controlling interest in Summit Bank, with plans to…

The BoP is considering transitioning to Islamic Banking

Mariam Umar Farooq Karachi The Bank of Punjab is contemplating transitioning into a fully-fledged Islamic…

Islamic Coin: World’s first Sharia compliant cryptocurrency to launch in May, co-founder reveals

  The world’s first Sharia compliant cryptocurrency, Islamic Coin, will be launched to the public…

ADIB becomes first Islamic Bank to go live on the UAE KYC Blockchain Platform

LAbu Dhabi Islamic Bank (ADIB) has become the first Islamic bank to go live on…

MIS Forward receives Sharia certification from SRB

  Saudi Arabia – MIS Forward, a provider of Buy Now Pay Later (BNPL) solutions…

QIB named Best Bank in Qatar, Best Islamic Financial Institution

  Qatar Islamic Bank (QIB) announced that it has been named “Best Bank in Qatar”…

Emirates Islamic wins big at Islamic Finance News Awards 2022

  Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has secured…

Now non-banks making foray into Islamic finance

  IDLC Finance Ltd, the largest non-bank financial institution in Bangladesh, is set to launch…

Get 15% cash reward on salary transfer to ahli islamic during Holy month

  Adhering to its commitment to enhance the spirit of Ramadan with valuable and relevant…

Sukuk pipeline looks robust in Q2, says Fitch

Despite a slowdown in sukuk issuances from core markets during the first quarter, the pipeline…

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