Islamic Fintech

CIMB to Pilot New Islamic Capital Market Products with SC and Bursa Malaysia

CIMB Group has announced plans to collaborate with the Securities Commission Malaysia and Bursa Malaysia to pilot new Islamic capital market instruments under the FIKRALab platform. The initiative aims to…

Islamic Microfinance

MoU Signed to Launch “Akhuwat & Macter Qarz-e-Hasan Project” in Orangi Town

Karachi: Macter International Limited, one of Pakistan’s leading pharmaceutical companies, has partnered with Akhuwat Islamic Microfinance to launch the “Akhuwat & Macter Qarz-e-Hasan Project” in Orangi Town. The initiative was…

SBP Records Rs151.43 Billion in Islamic Interbank Lending in February

The State Bank of Pakistan (SBP) recorded Rs151.43 billion in Islamic interbank money market placements on February 26, 2026, underscoring active liquidity management within the country’s Shariah-compliant banking segment. The…

Sukuk and Islamic Capital Market

PetGas Subsidiary Raises RM800 Million Through Sukuk Issuance

KUALA LUMPUR: Petronas Gas Bhd (PetGas), through its 65%-owned subsidiary Pengerang LNG (Two) Sdn Bhd (PLNG2), has raised RM800 million via the issuance of Islamic medium-term notes (sukuk murabahah), further…

Modest Fashion

AlHuda Centre of Modest Fashion Launches Online Executive Program in Modest Fashion

(Dubai, UAE – August 08, 2024): AlHuda Centre of Modest Fashion (CMF), is a dedicated institute, works globally to promote modest fashion beyond religious misconceptions, fostering understanding and appreciation for this…

Sway in fashion: Tennis Edition

Tennis is one of the most fascinating and celebrated sports in the world. It is a classic combination of athleticism and strategy. Spectators in such games get to showcase the…