A new advisory engagement focused on Sharia governance, product development, digital enablement, capacity building, and sustainable…
Category: Islamic Microfinance
Vision Bank Launches Platform-Led Islamic SME Trade Finance Unit in ADGM
Vision Bank has launched a new Shari’ah-compliant SME trade finance proposition in the Abu Dhabi Global…
Northern Trust Asset Management Launches Shariah-Compliant Global Equity Index Strategy
Northern Trust Asset Management (NTAM) has launched a new Shariah-compliant global equity index strategy designed to…
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…
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…
Pakistan Approves First Shariah-Compliant Credit Risk-Sharing Product
Pakistan has approved its first Shariah-compliant credit risk-sharing product, marking an important milestone in the country’s…
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…
SBP Records Rs151.43 Billion in Islamic Interbank Lending in February
The State Bank of Pakistan (SBP) recorded Rs151.43 billion in Islamic interbank money market placements on…
Raqami Bank License to Boost Pakistan’s Banking Sector, Strengthen Pak–Kuwait Economic Ties: PM
Prime Minister Muhammad Shehbaz Sharif on Tuesday termed the issuance of a digital banking licence to…