Author Archives: IMFN
[INTERVIEW] Khofiz Shakhidi, Chairman of the board of directors and Abdullo Kurbanov, CEO and co-founder of Tajikistan-based Alif Bank
Alif Bank looks to further international expansion Khofiz Shakhidi, chairman of the board of directors and Abdullo Kurbanov, CEO and co-founder of Tajikistan-based Alif Bank, discuss the challenges facing frontier…
AAOIFI Partners with Turkish Islamic Banks to Promote Islamic Finance
The Accounting and Auditing Organisation for Islamic Financial Institutions (AAOIFI) has signed an MOU with the Participation Banks Association of Turkey (TKBB) to collaborate in the promotion of Islamic finance…
Fitch New Philippine Regulations may Boost Islamic Banking
Bangko Sentral ng Pilipinas' (BSP) announcement in early January on the approval of new regulations for Islamic banks and banking units is a positive step towards the establishment of a…
How the Nigerian government is working to reduce public debt
The Debt Management Office of Nigeria (DMO) announced on Friday, January 17, 2020, that the country’s total public debt has risen from its trillion figure recorded in September 2019. Patience…
Islamic Banking and Finance is Emerging in The Philippines
Writer: Muhammad Zubair Mughal Islamic banking and finance will be a major contributing industry of Philippines in near future as it is a double digit growing emerging phenomenon due to…
Online Dispute Resolution and the Future of Islamic Finance
By: Camille Paldi Introduction The Islamic finance industry is at a crossroads…a juncture of either continuing forward as a tremendous success or bursting at the seams due to the lack…
Islamic fintechs are becoming a ‘global phenomenon’
Islamic financial technology firms, or Islamic fintechs, are moving centre stage in the global Islamic finance industry when it comes to innovation and serving unmet needs in Muslim jurisdictions. These…
Islamic finance gains ground in UK despite confusion about offerings
UK Islamic finance sector holds an estimated £15 billion ($19 billion) of assets, experts said. By Alicia Buller, ZAWYA Although a host of new faith-based lending or savings accounts have been…
Modaraba – A unique model
By MUHAMMAD SAMIULLAH ( (Eco) DAIBP, PGD in Islamic Finance & Banking Islamic sharia has enunciated a set of principles, which provides basis and limits for all kinds of business…
Islamic Fintech to Advance More in 2020
A study called the Global Islamic Fintech Report recently revealed expectations for such companies in the coming year, said Salaam Gateway. The research eyes P2P crowdfunding and challenger banking as…