Archives for Islamic Finance
Etihad Credit Insurance’s new Islamic solution aims to narrow trade finance gap and boost halal trade
A new Islamic solution could provide UAE businesses operating in halal trade with a competitive advantage in the international market while addressing the huge global shortfall in trade finance. As…
Regulators urged to create supportive environment for Islamic finance
Regulators need to create a supportive environment for the Islamic finance industry to boost the industry further, a forum was told today. Indonesia’s Badan Pengelola Keuangan Haji (BPKH) executive board…
Coronavirus/COVID-19 Impact On Islamic Finance Market 2020 | Industry Demand | Trends |Forecast 2025
The global Islamic Finance market research report comprises the description of all the important points concerning the Islamic Finance market. It provides the important information that focuses on the key aspects and…
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 oil and liquefied natural gas (LNG) imports by December this year. Another $100m facility…
Coronavirus Presents Islamic Fintech with Opportunities and Challenges – Bashar Al-Natoor
Social distancing, resulting from the coronavirus pandemic, is likely to be the catalyst for Islamic banks across many countries to accelerate their digital transformation strategies, especially with financial inclusion being…
Islamic banks play key role in project finance
Although Islamic banking is a relativelyrecent addition to the financial systemsof a number of Arab and Islamic countries, it is making a significant contribution to the economies of these countries…
Central Bank of United Arab Emirates : CBUAE & Dubai Islamic Economy Development Centre Join Forces to Strengthen Islamic Banking Sector
CBUAE & Dubai Islamic Economy Development Centre Join Forces to Strengthen Islamic Banking Sector Abu Dhabi/ Dubai ( October 3rd, 2020): The Central Bank of the UAE (CBUAE) today signed…
Shariah-compliant business: SBP issues guidelines for DFIs
The State Bank of Pakistan (SBP) issued guidelines for Development Finance Institutions (DFIs) to undertake Shariah compliant businesses and operations aimed to enlarge the scope of Shariah compliant financial services…
Investors scramble for Nigeria’s Islamic bond, defy religious criticism and bid $2b
Nigeria’s third Sukuk bond has fetched $ billion, an oversubscription of the targeted $533 million offered to investors, despite the paper eliciting religious controversy. The oversubscription of 446 per cent…
Saudi Arabia will shift more to Islamic finance next 12-18 months – Moody’s
Credit rating agency Moody’s anticipates that Saudi Arabia will shift more to Islamic finance in the next twelve to eighteen months. The shift is due to corporates and households increasingly…