Social distancing, resulting from the coronavirus pandemic, is likely to be the catalyst for Islamic banks…
Category: Takaful
Shariah-compliant business: SBP issues guidelines for DFIs
The State Bank of Pakistan (SBP) issued guidelines for Development Finance Institutions (DFIs) to undertake Shariah…
Investors scramble for Nigeria’s Islamic bond, defy religious criticism and bid $2b
Nigeria’s third Sukuk bond has fetched $2.1 billion, an oversubscription of the targeted $533 million offered…
Pakistan unlikely to avail $4.5bn Islamic Trade Finance Corporation facility
Pakistan and the ITFC on Monday signed about $400 million worth of two facilities to finance…