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Could Islamic finance let you be ethical and make money?

24 January, 2019      396

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...

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Islamic finance for social good

24 January, 2019      554

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...

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Al Mustashar Islamic Bank goes live with ICSFS core banking system

23 January, 2019      430

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...

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UAE's biggest Islamic bank lists $750m sukuk on Nasdaq Dubai

22 January, 2019      351

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...

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Islamic Development Bank provides $40 million loan for Kazakh businesses

18 January, 2019      427

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...

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Fitch affirms FAB Sukuk programme at 'AA-'/'F1+'

18 January, 2019      365

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+)....

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Seminar focusses on Islamic Finance industry

17 January, 2019      614

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 &...

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Philippines seeks Islamic funding to develop halal industry in Mindanao

16 January, 2019      370

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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Islamic Banking Software Market - 2024 by Manufacturers, Countries, Type and Application| ITS, Oracle, Path Solutions, Temenos, AutoSoft Dynamics, BML Istisharat, EdgeVerve, ICS Financial Systems, Infopro

15 January, 2019      401

Islamic banking or Islamic finance is banking or financing activity that complies with sharia (Islamic law) and its practical application through the development of Islamic economics. Some of the modes...

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MEDIA RELEASE: SC to Regulate Offering and Trading of Digital Assets

14 January, 2019      368

Kuala Lumpur - Following the statement by the Minister of Finance YB Tuan Lim Guan Eng on the coming into force of the Capital Markets and Services (Prescription of Securities)...

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