Government to Approve Merger of Five Troubled Islamic Banks Today

The interim government is expected to grant final approval today (Thursday) for the merger of five…

Manzil Surpasses CAD $100 Million in Halal Mortgage Financings, Doules Its Milestone in Under a Year

Manzil, Canada’s leading Islamic FinTech company, has proudly announced that it has surpassed CAD $100 million…

Sharjah Islamic Bank Reports 24% Rise in Net Profit to $299.5 Million for First Nine Months of 2025

Sharjah Islamic Bank (SIB) has reported impressive financial results for the first nine months of 2025,…

Fasset Secures Malaysia License to Launch World’s First Islamic Digital Bank Powered by Stablecoins

Fasset, a digital finance platform, has received a provisional license from Malaysia’s Labuan Financial Services Authority…

Dubai’s DAE Engages Banks for Planned Benchmark Sukuk Offering

Dubai Aerospace Enterprise (DAE), a global player in aircraft leasing and engineering, has appointed a group…

Strong Investor Demand: CBB’s Sukuk Al Salam Issue Oversubscribed by 138%

The Central Bank of Bahrain (CBB) has reported strong investor confidence in its latest monthly Sukuk…

UOB Malaysia Prices RM455 Million Green SRI Sukuk for EXSIM, Demonstrating Strong Investor Confidence

KUALA LUMPUR – UOB Malaysia has successfully priced a RM455 million Islamic medium-term notes facility for EXSIM…

Bank Nizwa Honored with Prestigious ‘Excellence in Islamic Banking’ Award

Muscat, Oman – Bank Nizwa, the Sultanate’s leading and most trusted Islamic financial institution, has been awarded…

Gulf Bank Forges Strategic Training Partnership with Institute of Banking Studies to Support Islamic Banking Transition

Kuwait – In a key step toward its transformation into a Sharia-compliant institution, Gulf Bank has announced…

Pakistan Greenlights PVARA with Rs 800 Million Grant to Formalize Crypto Sector

In a significant step towards integrating digital assets into its formal economy, Pakistan’s Economic Coordination Committee…