Islamic Fintech

First Labuanite Secures International Islamic Banking Licence

LABUAN: The Labuan Financial Services Authority (LFSA) has approved MobilityOne Sdn Bhd to operate a fully Shariah-compliant digital Islamic bank, marking a significant milestone in the fintech industry. This achievement…

Islamic Microfinance

Pakistan Approves First Shariah-Compliant Credit Risk-Sharing Product

Pakistan has approved its first Shariah-compliant credit risk-sharing product, marking an important milestone in the country’s efforts to strengthen Islamic finance and expand access to funding for underserved sectors. The…

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…

Sukuk and Islamic Capital Market

Cabinet Approves Amman Municipality’s Transition to Islamic Sukuk

The cabinet has approved a plan for the Greater Amman Municipality to transition to Islamic sukuk financing, marking an important step toward strengthening financial sustainability and maintaining essential public services.…

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…