Insurance Sector Prepares for Shift to Sharia-Compliant Takaful System

Pakistan’s insurance industry is moving toward a Sharia-compliant takaful framework as the country accelerates efforts to…

TNB Raises RM4 Billion Through Inaugural Sustainability Sukuk Wakalah Issuance

Tenaga Nasional Berhad (TNB) has successfully raised RM4 billion through its first Sustainability Sukuk Wakalah issuance,…

AlHuda CIBE, Azerbaijan Micro-Finance Association and FSIC LLC Forge Strategic Partnership to Advance Islamic Banking and Finance

(Dubai, UAE — May 2026): AlHuda Centre of Islamic Banking and Economics (CIBE), a globally recognized advisory…

Pakistan Raises Over Rs76 Billion Through Sovereign Islamic Bond Auction

Pakistan has successfully raised more than Rs76 billion ($274 million) through a sovereign Islamic bond (Sukuk)…

Australia’s First Islamic Bank Is Still Coming

Five years ago, we began a bold journey to build Australia’s first Islamic bank — a…

AEON Credit raises RM550 million through latest Sukuk Wakalah issuance

Aeon Credit Service has launched its 13th senior sukuk issuance worth RM550 million under its RM5…

Standard Life launches Sharia-compliant pension strategy for workplace savers

Standard Life has introduced a fully Sharia-compliant pension strategy for members of its workplace pension schemes in…

SECP Approves Pakistan’s First Digital Takaful and Advisory Licenses

Islamabad: Securities and Exchange Commission of Pakistan (SECP) has issued Pakistan’s first Shariah-compliant digital general takaful…

EDO Raises Additional $200 Million Through 10-Year Sukuk Issuance

Muscat: Energy Development Oman (EDO) has successfully raised an additional $200 million through a tap issuance…

UAE’s Mal Secures Central Bank Approval to Launch AI-Powered Islamic Digital Bank

Abu Dhabi-based fintech startup Mal has received in-principle approval from the Central Bank of the UAE…