News & Update
Submit Press ReleaseBoeing Capital mulls Islamic financing for jet purchases
Boeing is considering offering Islamic finance tools as a way for its Middle East and Africa customers to fund aircraft purchases and diversify their financing sources. Boeing Capital, the financing...
Islamic Banking Software Market Is Booming Worldwide | Key Companies – ITS, Oracle, Tata Consultancy Services
Global Islamic Banking Software Market Research Report 2019 to 2025 provides a unique tool for evaluating the market, highlighting opportunities, and supporting strategic and tactical decision-making. This report recognizes that in...
Could Islamic finance let you be ethical and make money?
Shariah-compliant savings accounts have some of the highest rates on the market, despite strict investment principles. Now mortgages and investments are following in their wake. Look at the best savings accounts in...
Islamic finance for social good
The term 'Islamic Social Finance' refers to modes of finance that are rooted in Islamic ethics and intended for social benefit. These include Zakat (almsgiving), Waqf (endowments), Sadaqa (charity) as...
Al Mustashar Islamic Bank goes live with ICSFS core banking system
CS Financial Systems (ICSFS) said that Al Mustashar Islamic Bank has gone live with core banking software suite ICS BANKS ISLAMIC for its newly instated business in Iraq. Last year, the lender had...
UAE's biggest Islamic bank lists $750m sukuk on Nasdaq Dubai
Nasdaq Dubai on Tuesday welcomed the listing of a $750 million sukuk by Dubai Islamic Bank (DIB), the largest Islamic bank in the UAE. It is Nasdaq Dubai’s first sukuk...
Islamic Development Bank provides $40 million loan for Kazakh businesses
ASTANA – The Islamic Development Bank (IsDB) has provided a $40 million loan to Kazakhstan’s Damu Entrepreneurship Development Fund, said fund Deputy Chairperson Daulet Abilkairov at the Central Communications Services...
Fitch affirms FAB Sukuk programme at 'AA-'/'F1+'
Fitch Ratings has affirmed FAB Sukuk Company Limited's Sukuk Trust Certificates Programme at 'AA-'/'F1+'. FAB Sukuk is the special purpose Sukuk issuing vehicle of First Abu Dhabi Bank (FAB; AA-/Stable/F1+)....
Seminar focusses on Islamic Finance industry
CENTRE for Islamic Banking, Finance and Management (CIBFM) in collaboration with BNP Paribas Securities Services organised a seminar themed ‘Staying Ahead in A Changing World’ at The Empire Hotel &...
Philippines seeks Islamic funding to develop halal industry in Mindanao
The Philippines is pushing ahead with more development plans for the Muslim-minority south of the archipelago, namely the Mindanao region, which is in need for a variety of economic impulses. ...
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