News & Update

Submit Press Release

Islamic Banking Slowly Warms To Blockchain

08 January, 2019      175

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...

more +


Islamic banking moot seeks global forum to help Muslims

07 January, 2019      222

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...

more +


FINTERRA - MOC BRINGS BLOCKCHAIN TO ISLAMIC FINANCE

05 January, 2019      340

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...

more +


Islamic finance volume to hit $2.5 trillion this year

04 January, 2019      248

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...

more +


The relevance of Islamic financing to Big 4 agenda

03 January, 2019      155

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...

more +


Blockchain is making its way into Islamic finance

02 January, 2019      1322

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...

more +


‘Mainstreaming’ of Islamic finance

31 December, 2018      362

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...

more +


GMP: Islamic Finance Practice Vital To Sustainable Development Goals – Dr Umar

28 December, 2018      271

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...

more +


QGIRC honours Acting CFO for earning doctorate in Islamic Finance

27 December, 2018      251

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...

more +


Bank Nizwa Named ‘Strongest Islamic Retail Bank’ in Oman for the Fourth Time

26 December, 2018      215

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,...

more +