SECP Authorizes Al-Hilal Shariah Advisors for Independent Shariah Screening of Securities

The Securities and Exchange Commission of Pakistan (SECP) has granted approval to Al‑Hilal Shariah Advisors (Pvt)…

Velesto Energy Berhad has proposed establishing a sukuk wakalah programme with a combined limit of up to RM1 billion to enhance its funding flexibility

Velesto Energy Berhad has proposed establishing a sukuk wakalah programme with a combined limit of up…

Banque Misr has partnered with Modupay to complete a direct ATM integration that allows FinTech cards

Banque Misr has partnered with Modupay to complete a direct ATM integration that allows FinTech cards…

Sharjah Islamic Bank Approves 20% Dividend After Strong 2025 Profit Growth

Sharjah Islamic Bank (SIB) has approved a 20% cash dividend for shareholders after reporting strong financial…

Arada Raises $450M in Oversubscribed Sukuk Issuance

Arada Developments has successfully raised $450 million through a five-year sukuk issuance, marking a strong return…

12 Sharia-Compliant FinTech’s Scaling Across the Middle East

A new wave of Sharia-compliant fintech companies is rapidly expanding across the Middle East, bringing Islamic…

AfDB Launches Regional Sukuk Platform to Boost Africa’s Aviation Sector

African Development Bank Group (AfDB) has launched the Integrated Aviation Transformation Program (IATP), a major initiative…

MR D.I.Y. Plans RM5 Billion Sukuk Programme to Support Expansion and Debt Refinancing

MR D.I.Y. Group (M) Berhad is looking to tap into the Islamic capital markets by establishing…

AlHuda CIBE and BAHAA Impact Consulting Forge Strategic Alliance

(March 06, 2026 – Dubai, UAE): AlHuda Centre of Islamic Banking & Economics (CIBE), a globally…

MoU Signed to Launch “Akhuwat & Macter Qarz-e-Hasan Project” in Orangi Town

Karachi: Macter International Limited, one of Pakistan’s leading pharmaceutical companies, has partnered with Akhuwat Islamic Microfinance…