The volume of Islamic bond (sukuk) issuance is expected to gain in the next few years as Africa joins other key Islamic markets such as the...
Saudi Arabia-listed building materials firm Al Kathiri Holding announced on Tuesday that it is looking to issue a Saudi riyal-denominated Islamic bond. Proceeds from the sukuk...
The economic devastation caused by the COVID-19 pandemic calls for shared responsibility, and the IsDB leadership is critically important here, says Mr. Michael Bloomberg during a...
The ongoing collaboration between the Islamic Development Bank (IsDB) and International Atomic Energy Agency (IAEA) to address women’s cancer in IsDB member countries will be strengthened...
With more customers demanding ethical banking practices, Islamic fintech offers an attractive alternative for a younger, technologically-minded customer base, writes Dr. Adli Hammad In this age...
The Saudi-based International Islamic Trade Finance Corporation (ITFC) has signed trade financing agreements worth tens of millions of dollars with several African countries at its annual...
By Julius Alagbe With more than 70% growth in profit after tax, Jaiz Bank Plc. grew its balance sheet as the Islamic lender’s compliance with shariah...
The Net Asset Value (NAV) of Sharia-Compliant Funds in Nigeria grew by 174 % between December 2019 and August 2021. Mr. Chidi Uzo, Head, Investment Strategy...
Qatar Financial Centre (QFC), a leading onshore financial and business centre in the region, signed a Memorandum of Understanding (MoU) with Rwanda Finance Limited (RFL) to...
By Nilima Choudhury Islamic finance is growing 50% faster than the traditional banking sector, and it has huge growth potential, with assets expected to increase by 250%...
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