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…

KAF Investment Funds Launches Global Shariah-Compliant Equity Fund

KAF Investment Funds has launched a new global Islamic equity fund aimed at investors seeking wider…

Russia Plans Wider Rollout of Islamic Banking as Demand Rises

Russia is preparing to expand its Islamic banking initiative as demand for Sharia-compliant financial services continues…

Zul Rafique & Partners has advised on Tenaga Nasional Berhad’s (TNB) issuance of an Asean Green Sustainable and Responsible Investment (SRI) Sukuk Wakalah worth up to MYR1.05 billion (USD267 million).

Zul Rafique & Partners has advised on Tenaga Nasional Berhad’s (TNB) issuance of an Asean Green…

Government Raises Tk 42,400 Crore Through Sukuk Since 2020

The government has raised a total of Tk 42,400 crore through sukuk — a Shariah-compliant investment…

BankIslami, EXIM Bank Sign Pakistan’s First Shariah-Compliant Trade Finance Partnership

KARACHI: BankIslami and Export-Import Bank of Pakistan (EXIM Bank) have signed a Memorandum of Understanding (MoU)…

Kazakhstan May Launch Islamic Mortgage Program by October 2026

Kazakhstan may introduce Islamic mortgage products as early as October 2026, giving homebuyers access to Sharia-compliant…