News & Update
Submit Press ReleaseUAE Islamic bank assets surge to $154bn in H1
Assets of Islamic banks operating in the UAE amounted to Dh565 billion ($154 billion) by the end of H1 2018, a 6.7 per cent growth of Dh35.5 billion over the...
QIIC renamed as ‘The Group Islamic Insurance Company’
DOHA: Qatar Islamic Insurance Company (QIIC), one of the leading Takaful insurance companies in Qatar and the world has changed its name to ‘The Group Islamic Insurance Company’. According to...
Al Hilal Bank teams up with Abu Dhabi Global Market to promote Islamic finance
Al Hilal Bank has just announced a new partnership with the Abu Dhabi Global Market (ADGM), the International Financial Centre in Abu Dhabi, aimed at promoting Islamic Finance in Abu...
IRTI and IBA Executive Program to Address Islamic Finance Impact Investing for SDGs
Jeddah, Kingdom of Saudi Arabia, 31 July 2018 – An Executive Learning Program, being organized by the Islamic Research and Training Institute (IRTI) in collaboration with the Institute of Business Administration...
MoF expects Malaysia shares to outperform regional markets
KUALA LUMPUR (July 30): Bursa Malaysia-listed companies' share performance is expected to be better than those in Asian stock markets on Malaysian government policies and as external factors remain stable,...
‘Islamic banking, finance outlook bright in Asia’
ISLAMABAD: The Asian Development Bank says the outlook for Islamic banking and finance in Asia is bright, given that the region is home to more than sixty per cent of...
Kenya's Central Bank Urged To Enact Specific Legislation For Islamic Finance
NAIROBI -- The Central Bank of Kenya (CBK) and stakeholders in the country's banking and finance sector have been urged to consider enacting sector-specific legislation tailored to Islamic finance to...
Regent Business School launches postgraduate diploma in Islamic finance and banking
In a precedent-setting move, Regent Business School launched Southern Africa’s first postgraduate diploma in Islamic finance and banking on the back of growing global demand for Islamic banking professionals. The...
Philippines to push Islamic finance in Muslim province
The development agency of the Philippine’s southernmost province of Mindanao is eager to use Islamic finance vehicles to fund infrastructure projects in the region where about one fifth of the...
Cryptocurrency firm Stellar gets Islamic finance certification
California-based Stellar has received certification from Islamic scholars for its blockchain platform and related cryptocurrency, aiming to integrate the technology into the field of Shariah-compliant financial products. The move highlights...
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