Islamic Fintech

Telr and Geidea Partner to Strengthen Digital Payment Solutions Across the UAE

Dubai, UAE – Telr, a licensed Payments Acquirer regulated by the Central Bank of the UAE, has announced a strategic partnership with Geidea, one of the leading fintech companies in…

Islamic Microfinance

SBP Approves Islamic Banking Operations for Five Financial Institutions

The State Bank of Pakistan (SBP) has granted in-principle approval to five financial institutions to launch Islamic banking operations, further expanding the country’s growing Shariah-compliant finance sector. The move reflects…

Senegal Launches Islamic Fund to Boost Microfinance Sector

Senegal has officially launched the Islamic Microfinance Development Fund (FDMI), a major initiative aimed at expanding access to finance for small businesses and underserved communities. Announced on April 21 by…

Sukuk and Islamic Capital Market

Global Sukuk Market Under Pressure Amid Geopolitical Tensions

Market volatility, widening spreads and upcoming maturities signal increased stress for Sukuk issuers: Zubair Mughal (May 8, 2026 – Dubai, UAE): The global Sukuk market is facing increasing pressure amid rising…

Islamic Finance

The Caribbean is Emerging Destination of Islamic Finance: Zubair Mughal

(18th June, 2026, Dubai, UAE): AlHuda Centre of Islamic Banking and Economics (AlHuda CIBE), a globally recognized institution in the promotion and development of Islamic banking and finance, has initiated a…

Uzbekistan Sees Eightfold Surge in Islamic Financial Services During Q1 2026

The Islamic finance sector in Uzbekistan experienced substantial growth during the first quarter of 2026, with the value of Shariah-compliant financial services provided by microfinance organizations increasing nearly eightfold compared…