Bangladesh to Launch Tk 5,900 Crore Sukuk for Rural Bridge Development

Bangladesh is preparing to issue its eighth government investment Sukuk worth Tk 5,900 crore to finance…

Meezan Bank Partners with DHA City Karachi to Expand Shariah-Compliant Housing Finance

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest financial institutions in the…

Burj Clean Energy Modaraba Raises Rs1 Billion Through Second Sukuk

Burj Clean Energy Modaraba (BCEM) has successfully raised Rs1 billion through its second short-term sukuk, reflecting…

Malakoff Subsidiary Raises RM450 Million via ASEAN’s First SRI Sukuk Murabahah

Malakoff Corporation Bhd, through its wholly owned subsidiary Malakoff Power Bhd, has successfully raised RM450 million…

Emirates Islamic launches UAE’s first Shari’ah-compliant digital investment in gold and silver

Dubai, UAE – Emirates Islamic, a leading Islamic financial institution in the UAE, has introduced a…

UAE takaful firm Salama completes multi-year capital restructuring programme

Salama Islamic Arab Insurance Company, a leading Shariah-compliant takaful provider, has announced the successful completion of…

KLCC REIT Expands Sukuk Programme to RM4 Billion

KUALA LUMPUR: KLCC Real Estate Investment Trust (KLCC REIT) has expanded its Sukuk Murabahah Programme from…

RHB Islamic Successfully Issues RM300 Million Senior Sukuk Wakalah

KUALA LUMPUR: RHB Bank Bhd, via its wholly owned subsidiary RHB Islamic Bank Bhd, has successfully…

UAE Raises $299.5 Million in Oversubscribed Islamic Sukuk Auction

The UAE Ministry of Finance, in collaboration with the Central Bank of the UAE, successfully raised…

PUSD Stablecoin Expands to ADI Chain, Targeting $3 Trillion Islamic Finance Market

PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a…