Bank Nizwa gets approval for RO 75m rights issue

Bank Nizwa, Oman’s first full-fledged Islamic lender, has announced that it has secured regulatory approvals from…

Malaysia looks to develop common framework for Muslim-friendly tourism with Indonesia and Thailand

Malaysia is keen to collaborate with the travel industry in Indonesia and Thailand to develop a…

Insurance at the speed of light

A slew of products and ‘insure-tech’ have made the process of buying a plan as well…

Western Union Expands with Bank Syariah Indonesia

Western Union, a global leader in cross-border, cross-currency money movement and payments, has collaborated with Bank Syariah…

Halal Cosmetics Market Registering At A CAGR Of 15.2% During The Forecast Period | COVID-19 Impact Analysis

According to a new report published by Allied Market Research, titled, “Halal Cosmetics Market by Type and…

Insurance Technologies Integrates RGAX AURA NEXT Into the FireLight® Sales Platform Enabling Immediate Underwriting Decisions

Insurance Technologies, LLC, a provider of sales and regulatory automation solutions for the life and annuities…

Saudi Arabia closes $3bn August Sukuk program

The National Debt Management Center (Saudi Arabia) has closed the August 2021 issuance under the Saudi Arabian Government SAR-denominated Sukuk Program.…

SCA freezes new licenses as UAE advisers face client-centric rulebook deadline

Sweeping new Securities and Commodities Authority client-centric rules seen by International Investment will put the 36…

ICD ANNOUNCES WINNERS OF ITS INTERNATIONAL FINANCIAL INNOVATION COMPETITION TITLED “ICD’S FINNOVATION AWARD 2020

ICD announced the winners of its 1st annual global financial innovation award competition, entitled “ICD’s Global Finnovation Award…

Uzbekistan’s Trustbank selects ICS BANKS Islamic Banking software from ICSFS

Trustbank, one of the leading banks and a private bank providing Islamic banking services in Uzbekistan, has selected ICS…