Oman’s Bank Credit Rises 8.6% in August 2025 as Deposits Grow 7%

Oman’s banking sector posted strong growth in August 2025, with total outstanding credit rising by 8.6%…

Finshape Partners with Dubai Islamic Bank to Drive Modern Islamic Banking

Finshape, a leading digital banking technology company, has partnered with Dubai Islamic Bank (DIB) to accelerate…

Kyrgyzstan and Bahrain Strengthen Partnership to Advance Islamic Finance

BISHKEK, Kyrgyzstan — October 17 — On the sidelines of the IMF and World Bank Annual…

Aurangzeb Highlights Pakistan’s Economic Potential During Washington Talks

Federal Minister for Finance and Revenue, Senator Muhammad Aurangzeb, recently held a series of high-level meetings…

SECP Hosts Roundtable on ‘The Future of Takaful in Pakistan’ to Boost Islamic Insurance Sector

KARACHI: The Securities and Exchange Commission of Pakistan (SECP) recently organised a roundtable discussion in Karachi…

Tunisian Fintech Startup PAYDAY Secures $3M in Pre-Seed Funding to Boost Financial Inclusion

Tunisian fintech-insurtech startup PAYDAY has successfully raised $3 million in a pre-seed funding round, marking a…

Bangladesh Bank to Establish Shariah Advisory Board for Strengthening Islamic Banking Governance

Bangladesh Bank has taken a significant step to improve governance, transparency, and the proper application of…

The Gulf Turns East: Central Asia Emerges as a New Financial Frontier

Central Asia is rapidly gaining traction as a prime destination for financial investment from the Middle…

LSEG and ICD Unveil 2025 Islamic Finance Development Indicator Report Global Islamic Finance Assets Projected to Reach US$9.7 Trillion by 2029

LSEG (London Stock Exchange Group), in collaboration with the Islamic Corporation for the Development of the…

Saudi Real Estate Boom Pushes Mortgage Financing to Record $240 Billion

Saudi Arabia’s mortgage financing portfolio has surpassed SR900 billion ($240 billion) in 2025, reflecting the Kingdom’s…