Pak-Qatar General Takaful Targets Rs420 Million Through IPO

Pak-Qatar General Takaful Limited (PQGTL) has commenced the registration process for its Initial Public Offering (IPO),…

Panther Tyres Issues Rs2 Billion Short-Term Sukuk to Support Working Capital Needs

Panther Tyres Limited has raised Rs2 billion through the issuance of a privately placed, rated, and…

ADIB Becomes First Islamic Bank to Implement Open Finance in the UAE

Abu Dhabi Islamic Bank (ADIB) has taken a major step in shaping the future of financial…

Wahed Launches Pioneering UCITS ETFs with Enhanced Values-Based Ethical Screening

Wahed, the world’s leading Islamic fintech and investment manager, has announced the launch of a pioneering…

Aafaq Launches World Elite Mastercard Credit Card, Introducing a Premium Islamic Finance Offering

Mastercard has partnered with Aafaq Islamic Finance (Aafaq) to launch a new addition to its prestigious…

The Alternative Bank Sukuk Enters Sharia Screening Ahead of Issuance

The Alternative Bank has begun the 2026 financial year with a notable development in Nigeria’s Islamic…

Takaful Market to Reach USD 72.5 Billion by 2035, Growing at 6.9% CAGR

The global Takaful market is experiencing steady growth, driven by rising demand for Shariah-compliant insurance solutions…

PNB Issues First-Ever Secured Exchangeable Sukuk, Raises US$300 Million

Permodalan Nasional Bhd (PNB) has issued its first-ever secured exchangeable sukuk, raising US$300 million (approximately RM1.2…

Halal Food Market Projected to Reach $7,450.9 Billion by 2032, Growing at a CAGR of 12.41%

The global halal food market was valued at $2,329 billion in 2022 and is expected to…

Sammilito Islami Bank Invests Tk 10,000 Crore in Government Sukuk

Sammilito Islami Bank PLC has made a significant investment of Tk 10,000 crore in the Bangladesh…