Mastercard has partnered with Aafaq Islamic Finance (Aafaq) to launch a new addition to its prestigious…
Category: Islamic Banking & Finance
S&P Forecasts Strong Growth for Malaysia’s Islamic Banking Sector
Malaysia’s Islamic financing is expected to account for nearly half of the country’s total banking sector…
UAE fintech Mal secures USD 230m to pursue Islamic digital bank
Mal, a UAE-based digital finance company, has secured USD 230 million in seed funding as it…
Askari Bank Accelerates Transition to Shariah-Compliant Banking Nationwide
Askari Bank Limited has reaffirmed its commitment to strengthening Pakistan’s economy by accelerating its transition to…
Al Baraka Bank (Pakistan) Limited Launches Digital Hub and Digital Auto Finance
Al Baraka Bank (Pakistan) Limited (ABPL) has achieved an important milestone in its digital transformation journey…
PPCBL Engages AlHuda CIBE for Islamic Banking Transformation
AlHuda CIBE and Punjab Provincial Cooperative Bank Limited Sign Advisory Agreement for Conversion from Conventional to…
Uzbekistan to Launch Islamic Finance Services in Three Banks by 2030
Uzbekistan plans to introduce Islamic finance services in at least three commercial banks by 2030, according…
Emirates Islamic Provides USD 500 Million Structured Financing to Mass Group Holding
Emirates Islamic, one of the leading Islamic financial institutions in the UAE, has announced a landmark…
Indonesian Government and BSI Partner to Boost Rural Economy Through Sharia Banking
The Ministry of Villages and Development of Disadvantaged Regions has partnered with state-run Bank Syariah Indonesia…
Dhofar Islamic and Al Madina Takaful Form Strategic Bancatakaful Partnership in Oman
Dhofar Islamic, the Sharia-compliant window of BankDhofar, has announced a strategic bancatakaful partnership with Al Madina…