Appointment of Dr. Khalid Khalafalla as Acting Chief Executive Officer of ICD

The Islamic Corporation for the Development of the Private Sector (ICD), the private sector arm of…

AlHuda CIBE and Autosoft Dynamics inked to Promote End-to-end Islamic Banking Suite

(March 25, 2025, Dubai – UAE): Alhuda Center of Islamic Banking and Economics (CIBE), a globally recognized…

20th Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025

Celebrating Excellence – Winners of the 2025 Innovation & Excellence Awards, East Africa March 12, 2025…

20th Edition of the Connected Banking Summit – Innovation & Excellence Awards 2025

Industry Leaders and Sponsors Driving Innovation at the 20th Connected Banking Summit – East Africa 2025…

Egypt: Fawry receives Islamic financing license from FRA

Fawry, Egypt’s leading fintech company, announced that its fully owned subsidiary, Fawry MSME Finance, has secured…

ADIB launches the 2025 Financial Education Programme to foster financial literacy across the UAE

ADIB’s Financial Education Programme engaged around 1000 participants in 2024, expanding financial awareness across the UAE…

Draft AAOIFI Standard 62 has not affected Islamic banks, but uncertainties persist

The draft AAOIFI Sharia Standard 62 has had no impact on Islamic banks’ ratings so far,…

ICD and joint-stock commercial bank Turonbank strengthen partnership to support private sector growth in Uzbekistan

The Third Line: ICD and Turonbank announce a USD 30 million Islamic line of financing facility…

CIBAFI launches comprehensive report on digital transformation and adaptability for Islamic Banks, attracting over 400 articipants

The General Council for Islamic Banks and Financial Institutions (CIBAFI) successfully launched its latest guide through…

Al Baraka Group proudly celebrates its banking units winning over 10 awards from IFN for outstanding services

Al Baraka Group announces that four of its banking units have won over 10 awards at…