Zurich Malaysia and Kenanga Group Forge Strategic Partnership to Expand Insurance and Takaful Solutions

Zurich Malaysia and Kenanga Investment Bank Berhad (Kenanga Group) have entered into a strategic partnership to…

Islamic Finance in Oman Set for 25% Growth, Reaching $45 Billion in 2026

Oman’s Islamic finance sector is entering a transformative phase, with 2026 expected to mark a pivotal…

Qatar Central Bank Issues $632.2 Million in Ijara Sukuk as Investor Demand Surges

Qatar Central Bank (QCB) has issued government Ijara Sukuk totaling QAR 2.3 billion, equivalent to approximately…

Algeria Launches First Sovereign Sukuk to Raise $2.3 Billion for Public Projects

Algeria has launched its first sovereign sukuk, raising approximately 296.65 billion dinars, equivalent to about $2.3…

Zarea Raises Rs1 Billion Through Sukuk Issuance

Zarea Limited (PSX: ZAL) has successfully raised Rs1 billion through a Sukuk issuance, tapping Pakistan’s Islamic…

NCC Bank Opens Islamic Banking Branch in Feni

NCC Bank PLC has opened a Shariah-based Islamic banking branch in Feni, marking an important step…

SBP Injects Nearly Rs2 Trillion Through Conventional and Shariah-Compliant Market Operations

The State Bank of Pakistan (SBP) injected nearly Rs2 trillion into the banking system through conventional…

Raqami Islamic Digital Bank Set to Commence Operations in February

Raqami Islamic Digital Bank is set to commence its operations in Pakistan in February, backed by…

Halal Industry Key to Strengthening Malaysia’s Global Reach

Local halal food manufacturers play a crucial role in supporting the domestic market while positioning Malaysia…

Saudi Vision 2030 Gets Funding Boost from Oversubscribed STC Sukuk Deal

Saudi Telecom Company (STC) has returned to the international sukuk market with a $2 billion dual-tranche…