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 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...
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 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...
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...
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...
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, 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,...
The fast growing global Islamic economy, estimated at a current value of $6.4tn, has become a main driver for Islamic finance institutions and other sector players to intensify their globalisation...
Twelve listed Saudi banks reached a 17.86 billion riyal (Dh17.5bn) settlement with the kingdom’s tax authority over the payment of religious tax called Zakat. Al Rajhi Bank, Saudi Arabia’s second-largest...
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