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…
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…
AlHuda CIBE Launches International Awards to Honor Innovation, Leadership, and Best Practices in Islamic Banking and Ethical Financial Services (August 05, 2026 – Dubai, UAE): AlHuda Centre of Islamic Banking and…