The concept of Zakat, one of the Five Pillars of Islam, is a well-established form of almsgiving that Muslims are required to fulfill. It involves giving...
By Andrew Cunningham The launch of a sharia compliant stock index in Cairo, to run alongside the conventional stock index, marks another tentative step forward for Egypt’s Islamic...
In a significant effort to alleviate poverty among Muslims in Lagos State and across Nigeria, dedicated Muslim stakeholders have launched the Ibile Muslims Community Zakat and...
By Hafiz M. Ahmed Islamic banking has garnered significant attention globally, especially among Muslim communities seeking financial solutions that align with their faith. Rooted in Shariah...
The Afghanistan Central Bank, also known as Da Afghanistan Bank, has recently sent a delegation to Malaysia to participate in the Global Forum of Islamic Economics...
By Ameer Yaqub The ICB Islamic Bank, which emerged from the collapse of Oriental Bank in 2008, is currently grappling with a severe liquidity crisis that...
HAQQ Network Expanding Islamic Web3 Initiative With Gold Token and RWA” has taken a significant leap forward with the launch of its Gold Token in June,...
By Hafiz M. Ahmed In recent years, the concept of microtakaful has emerged as a significant development in Islamic finance, offering a Shariah-compliant insurance solution tailored to...
By Aamer Yaqub At the Islamic Development Bank’s (IsDB) 2024 Annual Meetings in Riyadh, President Dr. Mohammed Al-Jasser articulated a compelling vision for addressing the global...
By the ISA The global Islamic economy has burgeoned to an impressive $2.29 trillion in 2023. A significant part of this growth story is the transformative role of Islamic...
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