Sharjah Islamic Bank (SIB) has approved a 20% cash dividend for shareholders after reporting strong financial…
Author: Muhammad Masood Fareed
Arada Raises $450M in Oversubscribed Sukuk Issuance
Arada Developments has successfully raised $450 million through a five-year sukuk issuance, marking a strong return…
12 Sharia-Compliant FinTech’s Scaling Across the Middle East
A new wave of Sharia-compliant fintech companies is rapidly expanding across the Middle East, bringing Islamic…
AfDB Launches Regional Sukuk Platform to Boost Africa’s Aviation Sector
African Development Bank Group (AfDB) has launched the Integrated Aviation Transformation Program (IATP), a major initiative…
MR D.I.Y. Plans RM5 Billion Sukuk Programme to Support Expansion and Debt Refinancing
MR D.I.Y. Group (M) Berhad is looking to tap into the Islamic capital markets by establishing…
AlHuda CIBE and BAHAA Impact Consulting Forge Strategic Alliance
(March 06, 2026 – Dubai, UAE): AlHuda Centre of Islamic Banking & Economics (CIBE), a globally…
MoU Signed to Launch “Akhuwat & Macter Qarz-e-Hasan Project” in Orangi Town
Karachi: Macter International Limited, one of Pakistan’s leading pharmaceutical companies, has partnered with Akhuwat Islamic Microfinance…
Somalia Delivers $3.88 Million in Drought Insurance Payouts to Pastoralist Communities
MOGADISHU — The Federal Government of Somalia has distributed $3.88 million in drought insurance payouts to…
Akin Advises TPAO on $4 Billion Sukuk Program and $1 Billion Inaugural Issuance
International law firm Akin Gump Strauss Hauer & Feld LLP announced that its Dubai capital markets…
Turkcell Unit Turkcell Finansman Cleared to Issue Up to TRY 3 Billion in Sukuk
Turkcell announced on March 5, 2026, that its board of directors has authorized its wholly owned…