Islamic Fintech

Raqami Islamic Digital Bank Secures Commercial Licence from State Bank of Pakistan

Raqami Islamic Digital Bank Limited has officially received a Digital Retail Banking Licence from the State Bank of Pakistan (SBP), allowing the bank to begin full commercial operations. The licence…

Islamic Microfinance

Northern Trust Asset Management Launches Shariah-Compliant Global Equity Index Strategy

Northern Trust Asset Management (NTAM) has launched a new Shariah-compliant global equity index strategy designed to meet the investment requirements of institutional investors across the Middle East, Southeast Asia, and…

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…

Sukuk and Islamic Capital Market

RAM Ratings Reaffirms AA1 Rating for Ideal Water Resources’ Tranche 2 Sukuk

RAM Ratings has reaffirmed the AA1/Stable rating on the RM255 million Tranche 2 Sukuk (2025/2034) issued under Ideal Water Resources Sdn Bhd’s (IWR) RM1 billion Sukuk Murabahah Programme. The affirmation…

Islamic Finance

OGold Precious Metals Trading LLC Joins 5th CIS Islamic Banking & Finance Forum as Technology Sponsor

Dubai-based precious metals company strengthens its commitment to ethical, asset-backed finance by supporting the region’s premier Islamic finance gathering (July 03, 2026 2026, Dubai, UAE): OGold Precious Metals Trading LLC has…

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…