Archives for Islamic Finance
AlHuda CIBE Strengthened Its Roots in Sierra Leone Financial Industry
Sierra Leone Market is the future potential market for Islamic Finance Industry in West Africa; Muhammad Zubair Mughal (June 27, 2022 (Dubai): AlHuda Centre of Islamic Banking and Economics diverted…
The ethical approach increases Islamic Finance worldwide
People have begun to realize the need for adopting an ethical approach to their finances and now understand the benefits of investing responsibly. KiwiSaver providers and investment firms have also…
International Islamic Financial Market to develop fresh standards
Bahrain - International Islamic Financial Market (IIFM), a Bahrain-based standard-setting body for Islamic finance, yesterday announced its intention to develop new standards for Sharia-compliant syndicated financing and new Islamic liquidity…
Aman for Microfinance launches first savings investment fund with total capacity of EGP 100 mln
The fund was established in partnership with Prime Investments-Asset Management as a saving fund targeting individuals who do not have bank accounts as well corporations. The fund provides a daily…
Sovereign Fund of Egypt to cooperate with Islamic Development Bank in upcoming projects
The President of the Islamic Development Bank Group Mohamed Al-Jasser praised Egypt’s experience in establishing the Sovereign Fund of Egypt and its prospective role in investment, development and in attracting the private sector, pointing…
LLF collaboration and development assistance in the post-pandemic world
On the sidelines of the Islamic Development Bank’s Annual Meetings (“IsDB”) in Sharm el Sheikh on 1-4 June 2022, the Lives and Livelihoods Fund (“LLF or the Fund”) engaged with…
Government Push to Aid Pakistan Islamic Finance Growth
The Islamic finance industry in Pakistan is expected to continue its growth trajectory over the medium term, driven by strong government push and steadily rising public demand for Islamic products.…
IsDB Group announces official launch of Private Sector Forum “PSF”
In cooperation with the Egyptian Ministry of Planning and Economic DevelopmentPress ReleaseJune 2, 2022ISLAMIC FINANCE Dr. Muhammad Al Jasser: during the forum, 50 agreements are to be signed, and 20…
Afghan central bank to implement Islamic Banking System
Afghanistan’s central bank is planning to implement an “Islamic banking system”, IANS reported a spokesman as saying. Sabir Momand, the spokesman of Da Afghanistan Bank (DAB), however, did not elaborate…
AlHuda CIBE UAE and Philippine Economic Zone Authority Signed MoU
AlHuda CIBE FZ LLE UAE & Philippine Economic Zone Authority will work together for the development of Islamic banking and finance in Philippines (December 22, 2021 (Dubai)): AlHuda Centre of Islamic…