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…
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…
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…
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…
How a €28 Billion Gulf Trade Partner Can Unlock a $6 Trillion Market By: Zubair Mughal, CEO – AlHuda CIBE, UAE Global Islamic finance is experiencing a remarkable growth phase,…
Pakistan’s government is accelerating efforts to transition the country’s financial system towards Shariah compliance, a move that could push the Islamic finance industry beyond USD 100 billion by 2027, according…