SBP Approves Islamic Banking Operations for Five Financial Institutions

The State Bank of Pakistan (SBP) has granted in-principle approval to five financial institutions to launch…

Meethaq Islamic Banking Assets Surpass RO2 Billion

Meethaq Islamic Banking, the Islamic banking arm of Bank Muscat, has recorded total assets exceeding RO2.08…

Nigeria Eyes Slice of $2 Trillion Global Halal Meat Market

Nigeria is intensifying efforts to secure a significant share of the global halal meat industry, a…

Jubilee Life, Kashf Foundation Launch Financial Product to Empower Women

KARACHI: Jubilee Life Insurance, in partnership with Kashf Foundation and United Nations Development Programme (UNDP), has…

Bank Muamalat Launches Atlas, a Shariah-Compliant Digital Banking Platform

KUALA LUMPUR: Bank Muamalat Malaysia Bhd has launched Atlas, its next-generation Shariah-compliant digital banking platform, marking…

Saudi Arabia Launches May ‘Sah’ Sukuk with 4.56% Return

RIYADH: Saudi Arabia has opened subscriptions for its May issuance of the government-backed “Sah” savings sukuk,…

EBL partners with Akij Takaful to launch Shariah-compliant insurance services

Eastern Bank PLC (EBL), in collaboration with Akij Takaful Life Insurance PLC, has launched Shariah-compliant Takaful…

Mr. Srinivasan Chalapathi Sampangi: From Legacy to Lego Blocks – Rewiring Insurance with No-Code AI, Takaful & Islamic Finance Principles

Q1. Could you please share the journey of founding B4E Insurance Inc. and the inspiration behind…

Bangladesh to Launch Tk 5,900 Crore Sukuk for Rural Bridge Development

Bangladesh is preparing to issue its eighth government investment Sukuk worth Tk 5,900 crore to finance…

Meezan Bank Partners with DHA City Karachi to Expand Shariah-Compliant Housing Finance

KARACHI: Meezan Bank, Pakistan’s leading Islamic bank and one of the largest financial institutions in the…