Author Archives: IMFN - Page 2
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…
Microfinance Company, Blossom Finance Issues Shariah Compliant Bonds via Blockchain
With the blockchain use case being adopted for a variety of purpose, an Indonesian financial firm, Blossom Finance is eagerly exploring to issue Sharia-compliant bonds namely sukuks across the blockchain…
IMF -WB – Financial Services Authority promotes fintech for MSMEs, Shariah Finance
Nusa Dua, Bali, (ANTARA News) - The Financial Services Authority (OJK) encourages using financial technology (fintech) as a financial inclusion platform to open funding access for micro, small, and medium…
Islamic microfinance products
The Delta Summit brought together the blockchain community, which is said to be the first of its kind given that Malta is the only jurisdiction in the world that is…
Malta the Blockchain island announces Islamic Microfinance Products during Delta Summit
The Delta Summit in Malta brought together the blockchain community which is said to be the first kind of its sort given that Malta is the only jurisdiction in the world…