The global Takaful market is experiencing steady growth, driven by rising demand for Shariah-compliant insurance solutions…
Author: Muhammad Masood Fareed
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…
S&P Forecasts Strong Growth for Malaysia’s Islamic Banking Sector
Malaysia’s Islamic financing is expected to account for nearly half of the country’s total banking sector…
Greenberg Traurig has advised the Joint Lead Managers on Kuwait Finance House’s (KFH) US$1 billion sukuk issuance of trust certificates due 2031.
Greenberg Traurig has advised the Joint Lead Managers on Kuwait Finance House’s (KFH) US$1 billion sukuk…
QIB launches Life Continuity Takaful plan
Doha, Qatar – Qatar Islamic Bank (QIB) has launched the Life Continuity Takaful Plan in partnership…
UAE fintech Mal secures USD 230m to pursue Islamic digital bank
Mal, a UAE-based digital finance company, has secured USD 230 million in seed funding as it…
Dhaka, Jan 11, 2026 (BSS): In a major step toward strengthening government infrastructure through Shariah-compliant financing, Bangladesh Bank (BB) has announced the issuance of “Bangladesh Government Special Sukuk-1” with a total face value of Tk 10,000 crore.
Dhaka, Jan 11, 2026 (BSS): Bangladesh Bank (BB) has announced the issuance of the “Bangladesh Government…
Bandar Seri Begawan, 11th: Brunei Darussalam has successfully maintained its 13th position globally in the 2025 Islamic Finance Development Index (IFDI)
Bandar Seri Begawan, 11th: Brunei Darussalam has maintained its global 13th position in the 2025 Islamic…