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

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…