Burj Clean Energy Modaraba (BCEM) has successfully raised Rs1 billion through its second short-term sukuk, reflecting…
Author: Muhammad Masood Fareed
Malakoff Subsidiary Raises RM450 Million via ASEAN’s First SRI Sukuk Murabahah
Malakoff Corporation Bhd, through its wholly owned subsidiary Malakoff Power Bhd, has successfully raised RM450 million…
Emirates Islamic launches UAE’s first Shari’ah-compliant digital investment in gold and silver
Dubai, UAE – Emirates Islamic, a leading Islamic financial institution in the UAE, has introduced a…
UAE takaful firm Salama completes multi-year capital restructuring programme
Salama Islamic Arab Insurance Company, a leading Shariah-compliant takaful provider, has announced the successful completion of…
KLCC REIT Expands Sukuk Programme to RM4 Billion
KUALA LUMPUR: KLCC Real Estate Investment Trust (KLCC REIT) has expanded its Sukuk Murabahah Programme from…
RHB Islamic Successfully Issues RM300 Million Senior Sukuk Wakalah
KUALA LUMPUR: RHB Bank Bhd, via its wholly owned subsidiary RHB Islamic Bank Bhd, has successfully…
UAE Raises $299.5 Million in Oversubscribed Islamic Sukuk Auction
The UAE Ministry of Finance, in collaboration with the Central Bank of the UAE, successfully raised…
PUSD Stablecoin Expands to ADI Chain, Targeting $3 Trillion Islamic Finance Market
PUSD, a Shariah-compliant stablecoin backed by Gulf currencies, is set to deploy on ADI Chain, a…
Senegal Launches Islamic Fund to Boost Microfinance Sector
Senegal has officially launched the Islamic Microfinance Development Fund (FDMI), a major initiative aimed at expanding…
Islamic Microfinance Promoted as Inclusive Financial Solution in the Philippines
ILIGAN CITY — Stakeholders are increasingly promoting Islamic microfinance as a viable solution to financial exclusion…