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Islamic Finance: Using blockchain to solve wakaf challenges

13 June, 2018      2520

Wakaf — the Arabic word for an endowment to a charitable cause — contributed significantly to the global socioeconomic landscape in the past, especially in eradicating poverty. However, in modern...

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Islamic finance industry assets surpass $2tn-mark

12 June, 2018      476

The new Islamic Financial Services Industry Stability Report 2018 released by the Islamic Financial Services Board (IFSB) in Kuala Lumpur on June 8 confirms earlier forecasts that the global Islamic...

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Dubai Islamic Bank sees huge demand for capital raising plan

11 June, 2018      404

Dubai Islamic Bank, the largest Islamic bank in the UAE, has announced a successful closing to its capital raising programme. The issuance of 1.6 billion additional shares at price of...

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Dubai Islamic Bank sees huge demand for capital raising plan

11 June, 2018      275

Dubai Islamic Bank, the largest Islamic bank in the UAE, has announced a successful closing to its capital raising programme. The issuance of 1.6 billion additional shares at price of...

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Islamic Bank of Afghanistan signs MoU with DMCC

10 June, 2018      411

The collaboration will enable the Islamic Bank of Afghanistan to carry out Shari'ah-compliant Murabahah transactions using Dubai Multi Commodities Centre’s (DMCC) platform to take multi-currency trades from across the globe....

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DMCC powers Islamic Bank of Afghanistan with Sharia-compliant Murabaha transaction capability

09 June, 2018      423

Dubai: DMCC has welcomed the Islamic Bank of Afghanistan as the newest member of its DMCC Tradeflow platform, a dedicated online platform for registering possession and ownership of commodities stored...

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Press Release: The IFSB Launches the Sixth Edition of its Flagship Islamic Financial Services Industry Stability Report 2018

08 June, 2018      835

Kuala Lumpur - The Islamic Financial Services Board (IFSB) has released today the sixth edition of its annual Islamic Financial Services Industry Stability Report. The 2018 Report highlights key developments...

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IRTI to support Guyana in promoting Islamic finance

06 June, 2018      384

JEDDAH – The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group will continue to provide support towards promoting awareness on Islamic finance in Guyana. Director...

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IRTI to support Guyana in promoting Islamic finance

06 June, 2018      213

JEDDAH – The Islamic Research and Training Institute (IRTI) of the Islamic Development Bank (IsDB) Group will continue to provide support towards promoting awareness on Islamic finance in Guyana. Director...

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Alizz Islamic Bank promotes Omanis

05 June, 2018      319

Muscat: Reaffirming its position of developing local talent in the banking sector, Alizz Islamic Bank’s human resources division has announced the promotion of several of its employees to senior management...

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