The International Islamic Trade Finance Corporation (ITFC) ( ITFC-idb.org )approved a Euro 100 million Murabaha financing to SENELEC (Senegal National Power Company). The company’s strategic mandate is to...
Bank Indonesia (BI) Governor Perry Warjiyo has stated that digitalization is one of the keys to developing Islamic economics that can help it have a more...
With Istanbul Finance Center, a project expected to be launched by early 2022, Turkey targets to be a hub for Islamic finance, Turkish President said on...
Maydan Capital Ltd. (‘Maydan’), a UK-based fintech company, today announced the launch of its equity crowdfunding platform that delivers vetted, early-stage, ethical and halal investment opportunities targeting...
Egypt will witness sukuk issuances worth over EGP 5bn before the end of this year, bringing the total expected outstanding of Islamic bonds to more than...
Islamic Corporation for the Development of the Private Sector (ICD) (https://ICD-PS.org) and ALAFCO Aviation Lease and Finance Company K.S.C.P.(“ALAFCO”) signed a four-year syndicated secured financing agreement for USD 75 million...
By Yusuf Issa An-Nuphawi The shareholders of Jaiz Takaful Insurance Plc, a pioneer ethical complaint insurance company in Nigeria, have declared N151 million profit after tax...
Sukuk momentum is expected to continue over the medium term supported by intact investor appetite, funding diversification and refinancing needs, Fitch Ratings says in a new...
By Mushtak Parker Whether it is sheer coincidence or not, 2021 has seen a resurgent interest in Islamic finance in Africa. International ratings agencies Moody’s, Fitch,...
By Sherif Tarek A forecasted decrease in GCC sukuk, Egypt’s enticing yields, and business sectors that have thrived during the pandemic could guarantee the country an...
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