Author Archives: IMFN
Govt Says Promoting Islamic Micro-financing
Lahore - Punjab Finance Minister Makhdoom Jawan Bakhat Hashim said that the Govt. was committed to bringing change to the lowest level of the society and this could be achieved…
Islamic Finance Volume Expected to Hit $2.5trillion in 2019: Zubair Mughal
Press Release: Lahore (31-Dec-2018): Unfortunately, 2018 is not proved as much beneficial for Global Islamic Banking and Finance Industry as expected because of various reasons which include Middle East political…
Islamic Finance Practice Vital To Sustainable Development Goals – Dr Umar
An Islamic finance expert and member, Shari’iah Committee of the International Islamic Liquidity Management Corporation, Malaysia, Dr Bashir Aliyu Umar has said that Islamic finance can contribute to the achievement…
Top Ten Banking Tech Case Studies in 2018
Banks and financial institutions from around the world have been sharing with us their tech modernisation experiences. Here are the top case studies of 2018: Live Oak Bank and Finxact – riding…
Government unveils Five-year Plan for Pakistan’s Economic Growth
Small farmers, low-cost housing, digital payments and a higher share for Islamic banks are the targets of the government’s new strategy for growth. Access to finance is super important for…
Synergy to promote State Bank of Pakistan’s Financial Inclusion Strategy
A consortium of 12 reputable banks, steered by the State Bank of Pakistan (SBP), has been created for taking various broad-based initiatives to improve financial inclusion in Pakistan. The ‘Asaan…
The IFSB and Bank Indonesia Successfully Organized a Seminar and Workshop on Financial Inclusion and Islamic Finance
Kuala Lumpur, 14 December 2018 – The Islamic Financial Services Board (IFSB) and Bank Indonesia have successfully conducted a joint public seminar and workshop on financial inclusion and Islamic finance…
Mercy Corps to launch Islamic microfinance institution in Ethiopia
The humanitarian organisation Mercy Corps announced, in a statement published on December 4, 2018, that it commissioned the council cabinet Islamic Finance Advisory & Assurance Services (IFAAS) to prepare the…
8th Global Islamic Microfinance Forum successfully concluded in Dubai under the theme of financial inclusion, FinTech, outreach strategies and innovation
(November 28, 2018 (Dubai)): 8th Global Islamic Microfinance Forum was successfully concluded at Dusit Thani Hotel, Dubai, UAE. The purpose of that forum was to promote, strengthen and unite the…
Blockchain-Powered Islamic Bonds to Fund Microfinance Projects in Indonesia
Indonesian firm Blossom Finance has announced plans to launch blockchain-based sukuk, Islamic bonds, to fund microfinance projects in the Muslim-majority country. Blossom Finance’s “Smart Sukuk” to Automate Issuance of Islamic Bonds The…