News & Update
Submit Press ReleaseIslamic Banking Slowly Warms To Blockchain
Saudi Arabia’s Islamic Development Bank (IDB) signed an investment agreement in November with i-FinTech Solutions, a Tunisia-based advisory firm, to create a series of shariah-compliant tools to help Islamic banks...
Islamic banking moot seeks global forum to help Muslims
LAHORE: The World Islamic Banking and Finance Conference has agreed to establish an international forum to find solutions to banking, finance and sociopolitical issues being faced by the Muslims. The...
FINTERRA - MOC BRINGS BLOCKCHAIN TO ISLAMIC FINANCE
KUALA LUMPUR, Jan 5 (Bernama) -- The Islamic Finance / FinTech industry, the former being heavily regulated, is one that FINTERRA is targeting with the upcoming launch of its WAQF...
Islamic finance volume to hit $2.5 trillion this year
Islamic finance volume is expected to hit $2.5 trillion this year experts have predicted. This is despite the fact that last year did not prove to be much beneficial for...
The relevance of Islamic financing to Big 4 agenda
It is obvious that traditional approaches to development that afford the Government full mandate to determine priorities and manage resource mobilisation and allocation cannot guarantee the desired outcomes. For...
Blockchain is making its way into Islamic finance
Blockchain technology, an unalterable digital information recording system, is increasingly being discovered as a useful tool by Islamic finance institutions and banks for complex financing contracts and Shariah-compliant transactions, as...
‘Mainstreaming’ of Islamic finance
When talking about the mainstreaming of Islamic finance, my initial thought about it is words like ‘murabaha’, ‘shariah’, ‘takaful’ and ‘zakat’ would no longer need translation because they have become...
GMP: Islamic Finance Practice Vital To Sustainable Development Goals – Dr Umar
An Islamic finance expert and member, Shari’iah Committee of the International Islamic Liquidity Management Corporation, Malaysia, Dr Bashir Aliyu Umar has said that Islamic finance can contribute to the achievement...
QGIRC honours Acting CFO for earning doctorate in Islamic Finance
Doha: Qatar General Insurance and Reinsurance Company (QGIRC), one of the leading insurance service providers in the country, held a ceremony honouring the Acting CFO, Deepa Chandrashekar, after receiving a...
Bank Nizwa Named ‘Strongest Islamic Retail Bank’ in Oman for the Fourth Time
Bank Nizwa, Oman’s leading Islamic bank was named ‘Strongest Islamic Retail Bank’ in the Sultanate at the Islamic Retail Banking Awards (IRBA) 2018. Organized by the UK-based financial intelligence house,...
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