Islamabad: Securities and Exchange Commission of Pakistan (SECP) has issued Pakistan’s first Shariah-compliant digital general takaful…
Author: Muhammad Masood Fareed
EDO Raises Additional $200 Million Through 10-Year Sukuk Issuance
Muscat: Energy Development Oman (EDO) has successfully raised an additional $200 million through a tap issuance…
UAE’s Mal Secures Central Bank Approval to Launch AI-Powered Islamic Digital Bank
Abu Dhabi-based fintech startup Mal has received in-principle approval from the Central Bank of the UAE…
KAF Investment Funds Launches Global Shariah-Compliant Equity Fund
KAF Investment Funds has launched a new global Islamic equity fund aimed at investors seeking wider…
Russia Plans Wider Rollout of Islamic Banking as Demand Rises
Russia is preparing to expand its Islamic banking initiative as demand for Sharia-compliant financial services continues…
Zul Rafique & Partners has advised on Tenaga Nasional Berhad’s (TNB) issuance of an Asean Green Sustainable and Responsible Investment (SRI) Sukuk Wakalah worth up to MYR1.05 billion (USD267 million).
Zul Rafique & Partners has advised on Tenaga Nasional Berhad’s (TNB) issuance of an Asean Green…
Government Raises Tk 42,400 Crore Through Sukuk Since 2020
The government has raised a total of Tk 42,400 crore through sukuk — a Shariah-compliant investment…
BankIslami, EXIM Bank Sign Pakistan’s First Shariah-Compliant Trade Finance Partnership
KARACHI: BankIslami and Export-Import Bank of Pakistan (EXIM Bank) have signed a Memorandum of Understanding (MoU)…
Kazakhstan May Launch Islamic Mortgage Program by October 2026
Kazakhstan may introduce Islamic mortgage products as early as October 2026, giving homebuyers access to Sharia-compliant…
Uganda Moves Closer to First Sovereign Sukuk to Fund Standard Gauge Railway
Uganda is moving closer to issuing its first-ever Sovereign Sukuk as part of efforts to finance…