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Saudi c. bank fines 16 financial institutions for violations of responsible finance

20 May, 2019      233

DUBAI, May 19 (Reuters) - Saudi Arabia’s central bank said on Sunday it had fined 16 financial institutions for violating principles of responsible finance. The Saudi Monetary Authority said in...

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Alliance Islamic Bank launches social crowdfunding platform

17 May, 2019      278

KUALA LUMPUR: Alliance Islamic Bank Bhd launched its first social crowdfunding platform, SocioBiz, to create greater socioeconomic impact for the financially disadvantaged. The AIS’ SocioBiz platform, with the tagline “Empowering...

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6 Universities, LIPI, and KNKS are Committed to Develop the Islamic Economy Education and Research

16 May, 2019      354

Jakarta, KNKS - The Masterplan for Indonesian Islamic Economy 2019-2024 was launched on Tuesday, May 14th 2019 at Djunaedi Hadisumarto Room, The Ministry of National Development Planning (Bappenas) Office, Jakarta. The...

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Fintech to help Qatar become Islamic finance hub: QFC

16 May, 2019      181

Fintech can enable Islamic finance to attract more customers, increase efficiency, reduce costs and offer a wider range of products, helping the sector become more competitive against conventional finance, according...

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Global executives attend Islamic finance program in Jeddah

16 May, 2019      226

Representatives from financial and academic institutions around the world attended a four-day international executive program in Islamic finance in Jeddah. The program was jointly organized by the Saudi-Spanish Center for...

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A strategy to rejuvenate Islamic finance

13 May, 2019      334

The Islamic banking and finance (IBF) sector appears to be at a crossroads. Over the last three decades, growth has been impressive, with total assets estimated at about US$2 trillion...

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Bank Nizwa appoints new Chief Financial Officer and Head of Compliance

13 May, 2019      198

Muscat: As part of Bank Nizwa’s strategy to nurture and promote Omani talent, the Board of Directors of Oman’s first Islamic Bank, has announced the appointment of Salim Rashid Ali...

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Kadaga assures Muslims on Islamic Banking launch in Uganda

13 May, 2019      199

The Speaker of Parliament, Rebecca Kadaga has re-assured the Muslim community in Uganda that Islamic Banking will soon be operationalised. Kadaga who was presiding at the Annual Parliament Iftar dinner...

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Indonesia to Unveil Sharia Economic Master Plan

13 May, 2019      216

Indonesia will aim to push interest-free Islamic banking into the mainstream and boost domestic production of halal (permissible) foods, products and services when the world’s most populous Muslim-majority country unveils...

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QIB honoured as 'Best Islamic Financial Institution' in Qatar and Sudan

13 May, 2019      207

(MENAFN - Gulf Times) Qatar Islamic Bank (QIB) has been recognised as the 'Best Islamic Financial Institution in Qatar and the 'Best Islamic Financial Institution in Sudan, by the New...

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