Archives for Islamic Finance - Page 2
AlHuda CIBE is Committed for Development of Islamic Banking in Russian Speaking Countries
Islamic financing is one of the fastest growing segments of the financial services industry worldwide. After the fall of Soviet Union and unification of Central Asian countries with other Muslim…
The Importance Of Sukkuk In Kenya
By: Dr. Mohamed Shakeel Salyani (PhD) We always end up wondering, where do we save our money so that we can maximize our returns and make them grow. This has…
Alvi for raising awareness about Islamic finance
Islamic banking and finance offers a broad-based platform to end economic exploitation, said President Dr Arif Alvi. Addressing the 10th ceremony of Global Islamic Finance Awards (GIFA) on Monday, the…
Saudi Electricity Company raises $1.3bn from green sukuk sale
Saudi Electricity Company raised $ billion () from the sale of a dual-tranche green sukuk, it said in a statement on Sunday. The state-owned electric transmission company sold five-year and…
Asia Pacific Investment Bank to launch Islamic Digital Finance Fund to support digital economy
Chinese state-owned Asia Pacific Investment Bank (APIB) will be launching an Islamic Digital Finance Fund in Malaysia to invest in syariah-compliant financial technology (fintech) start-ups. In a statement today, the…
Sharjah Islamic Bank introduces innovative discount programme
Sharjah Islamic Bank (SIB) in co-operation with the Sharjah Directorate of Human Resources, recently organised a virtual session to introduce the Waffer Discounts Programme. The session was conducted live on…
The Non-interest Financial System
Most of non-interest financial institutions, from the beginning, are otherwise known as Islamic financial institutions basically because they operated and still operate, on the rules and principles of Islamic commercial…
Indonesia issues retail sukuk for COVID-19 economic recovery
Indonesia’s finance ministry issued retail sukuk SR013 on Friday (August 28) as part of the government’s efforts to finance the recovery of the country’s pandemic-hit economy. Indonesia’s GDP contracted in the…
MICROCAPITAL BRIEF: FMO Loans $3.5m for Microfinance, SMEs Via ACEP Burkina Faso
The Netherlands Development Finance Company, which is also known by its Dutch acronym FMO, recently disbursed a loan of USD million to Alliance de Credit et d’Epargne pour la Production…
Adoption of Shariah-compliant instruments in construction industry of Pakistan
The Construction industry plays a vital role in uplifting and developing economic structure of a country. In Pakistan, construction industry is 2nd largest industry that promotes expansion of infrastructure activities,…