News & Update
Submit Press ReleaseNational Bank of Bahrain weighs buying Bahrain Islamic Bank's issued shares
The National Bank of Bahrain, a majority government-owned lender, is considering making a voluntary offer for issued shares of Bahrain Islamic Bank, a tie-up that could create a lender with...
IRTI, Bank Indonesia, Indonesia Waqf Board jointly launch principles of managing Islamic endowments
Islamic endowments are a significant component of Islamic social finance, which has attracted attention of development partners as a tool for harnessing resources to address poverty, promote economic inclusion, and...
UAE Eager to Become World's Largest Islamic Fintech Hub
The UAE is the fourth-largest hub globally for Islamic fintech with a total of 12 startups operating in this space. But the country's keen focus on startups and technologies will...
Bahrain Fintech Bay launches Islamic finance centre
MANAMA - Bahrain FinTech Bay (BFB) has launched the Global Islamic & Sustainable FinTech Center (GISFC) with local, regional and international members aiming to bolster the use of fintech to...
Maalem Financing raises SAR 100 million in debut Sukuk
Saudi based Maalem Financing has raised SAR 100 million from a debut sale of Sukuk, reported Reuters. John Sandwick, a member of Maalem's Board of Directors, said that the three-year unsubordinated...
Affin Islamic issues RM300m AT1 sukuk wakalah
KUALA LUMPUR (Oct 18): Affin Islamic Bank Bhd, a wholly-owned subsidiary of Affin Bank Bhd, has issued an RM300 million additional tier one (AT1) sukuk wakalah. In a filing with...
Kerajaan guna wakaf bantu B40
SERDANG: Kerajaan akan memanfaatkan sepenuhnya sistem wakaf sebagai instrumen dalam membela golongan 40 peratus berpendapatan terbawah atau B40. Menteri di Jabatan Perdana Menteri, Datuk Dr Mujahid Yusof, berkata antara...
Tunisia Uses Zakat to Fund Social Interventions
Tunisian Assembly called Zakat science, Tuesday, to add a new chapter to the financial Bill for the year 2019. The event provides a special account for ‘ box and Zakat...
Smokers not eligible for zakat
ZAKAT should be given to the poor and needy, regardless who they are. Smokers, though eligible as zakat receivers, should not get zakat since they can afford to buy cigarettes....
Dubai Culture Announces Islamic Creative Economy Competition in Partnership With DIEDC
Dubai Culture & Arts Authority (Dubai Culture), the Emirate’s dedicated entity for culture, arts, heritage, and literature, in partnership with Dubai Islamic Economy Development Centre (DIEDC), announced the ‘Islamic Creative...
Popular News
- Is Bitcoin Halal? How Cryptocurrency Conforms with Islam and Sharia
- ISRA and SysCode Collaboration Agreement for the Research and Development of a Blockchain Platform to ensure end-to-end Shariah compliance
- Islamic Finance: Using blockchain to solve wakaf challenges
- ISLAMIC FINANCE AND THE SDGs: FRAMING THE OPPORTUNITY
- Indonesia issues world's first blockchain sukuk
- Press Release: IWBF 2018 Successfully Aligns Waqf Development and Blockchain Technology
- Deloitte and ISRA Launch Islamic Finance Report Examining Rise of Green Sukuk
- PRESS RELEASE: Ethis Ventures Launches Global Sadaqah 1.0 Platform with Pioneer Islamic Banks and Charity Partners
- Expert Highlights Benefits of Islamic Finance
- In Historic Move, #AAOIFI, Under Sponsorship of SABB’s Financial Services, Provides Free Access to Online Version of its Shari’ah Standards
ADVERTISEMENT
