Author Archives: IMFN - Page 5

Islamic Microfinance

MICROCAPITAL BRIEF: Islamic Corporation for the Development of the Private Sector (ICD) Lending to Asaka, Asia Alliance Bank for Shariah Finance in Uzbekistan

Two Uzbekistani joint-stock commercial banks, Bank Asaka and Asia Alliance Bank, recently signed memoranda of understanding with the Islamic Corporation for the Development of the Private Sector (ICD), a member…
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Islamic Microfinance

All Necessary Machinery in Motion for the Establishment of an Islamic Microfinance Bank for Youths Empowerment

ICICE Seeks Sultanate Support to Develop Interfaith Dialogue THE International Centre for Islamic Culture and Education (ICICE), Abuja has sought the support of the Nigeria Supreme Council for Islamic Affairs…
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Islamic Microfinance

Nigeria and South African Startups Shine in the List of 10 Startups Selected for SBC Afritech 2018- Nigerian based Bankly Technologies for Savings One of Them

Startupbootcamp (SBC) AfriTech gave a list of 10 startups that it shortlisted to take part in its 2018 cohort all have “market-ready” solutions. According to the CEO of SBC, Philip…
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Success Stories

Pakistan to Open its First Free University Soon By a Microfinance Company Which Provides Interest-Free Loans in Pakistan

Pakistan is all set to open its first free university on Independence day, 50kms away from Lahore, in Kasur district. Mohammed Amjad Saqib who is the executive director of Akhuwat,…
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Islamic Rural Finance

East Africa rides the Islamic Finance Train Focusing on the Rural Agricultural Sector; Uganda Next to Join

Countries in East Africa, those lining the Red Sea coast and those further south, are increasingly joining the Islamic finance industry as their Muslim population grows and demand for Shariah-compliant…
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