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Islamic Development Bank lists $737m sukuk on Nasdaq Dubai

13 November, 2018      340

IsDB lists first euro sukuk, has nine dollar sukuk listings on Nasdaq Dubai valued at a total of $11.8bn. Nasdaq Dubai has welcomed the listing of a 650 million euro...

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Financing development projects in line with Kuwait vision: Al-Nahedh

13 November, 2018      388

KUWAIT CITY, Nov 12: Group Chief Executive Officer at Kuwait Finance House (KFH), Mazin Saad Al-Nahedh emphasized the role of Islamic finance instruments in providing effective financing solutions, indicating the...

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Validity of cryptocurrencies in Islamic finance?

12 November, 2018      530

Unlike fiat money, a cryptocurrency is recognised only by members of a certain community or network who agree to regard it as something of value or as a medium of...

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Third China-UAE conference on Islamic Banking & Finance concludes successfully amid international acclaim

12 November, 2018      371

UAE – The third China-UAE conference on Islamic Banking and Finance (CUCIBF III) concluded recently, with the participation of leading economic experts, bankers, decision and policy makers, investors and Islamic...

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SBP plans deposit protection body for Islamic banks

09 November, 2018      363

Karachi The central bank recently unveiled a framework to protect depositors of Islamic banks in case of a financial institution’s bankruptcy, promising a protection to shariah-compliant banking deposits that hold...

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Macroeconomic developments seen to benefit Takaful Malaysia

09 November, 2018      361

Maintain outperform with an unchanged target price of RM 4.85: We came away from a recent meeting with the management feeling reassured of Syarikat Takaful Malaysia Keluarga Bhd’s medium-term prospects. Although...

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BIMB raised RM300m via sukuk to enhance Bank Islam's capital adequacy

08 November, 2018      397

KUALA LUMPUR (Nov 7): BIMB Holdings Bhd said it has issued the first tranche of its Sukuk Murabahah programme to raise RM300 million. In a statement to Bursa Malaysia today,...

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The gaps within the growth of Islamic Banking and Finance

07 November, 2018      839

The modern variant of Islamic banking and finance as we now know, has been around for more than three decades, closing in on 40 years. There is no doubting that...

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Hesitant policies are seen holding back Islamic finance growth in Egypt

07 November, 2018      344

The decision of Egypt’s newly appointed Finance Minister Mohamed Maait to issue the first-ever international sukuk in the country’s next fiscal year – at a so far unspecified volume, but...

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With zakat, Muslims have the power to change the world

06 November, 2018      395

Today, UNHCR, the United Nations Refugee Agency, faces an unprecedented challenge. At a time when the world is struggling with refugee crises on an unprecedented scale, the agency, which for...

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