Archives for Islamic Microfinance
Online Islamic Microfinance two day’s Training
AlHuda CIBE is pleased to launch two days e-Training on “Practical Aspects of Islamic Microfinance” on August 26-27, 2020. For more information For Registration please contact at:
Muslims have been grossly marginalized in Nigeria’s financial sector, says NSCIA
The Nigerian Supreme Council for Islamic Affairs (NSCIA), on Thursday, alleged that, for decades, Nigerian Muslims have been grossly marginalized in the country’s financial sector and other growth triggering financial…
Parliament declares unjust distribution of Zakat fund
The Parliament on Monday declared that Ministry of Islamic Affair's distribution of the Zakat fund in 2020 was unjust. Initially found to be distributed unfairly by the Parliament's Committee on…
Islamic Development Bank Group to respond to COVID-19 with USD 2.3 Billion package and to launch three supportive and robust initiatives in partnership with UAE Ministry of Economy and Annual Investment Meeting (AIM)
A crowd of over 1000+ engaged participants comprising of exceptional entities, seasonal practitioners, Government officials, individual investors, business associations, entrepreneurs, Multilateral and financial institutions, Chairmen, Presidents & CEOs of local/international companies,…
Strong management of COVID-19 outbreak repercussions reduces economic impact of global crisis on Dubai
DUBAI, 30th June 2020 (WAM) - Dubai Statistics Center (DSC) said today that the real gross domestic product at constant prices of the Emirate of Dubai showed a decline in…
Egypt’s microfinance portfolio stands at EGP 17.8bn end-March: FRA
Egypt's microfinance portfolio reached about EGP benefiting million people until the end of March 2020, according to Chairperson of the Financial Regulatory Authority (FRA) Mohamed Omran. The microfinance companies' share…
The importance of digital microfinance for emerging markets in a COVID-19 world
The coronavirus pandemic has transformed how we go about life and business in unprecedented ways. The world’s low-income individuals, who are largely based in areas just beginning to enter the…
UNHCR To Expand Zakat Fund To Support IDPs In Nigeria
The United Nations High Commissioner for Refugees, UNHCR has committed itself to work closely with Islamic Philanthropic initiatives to expand the "Zakat Fund" to support Internally Displaced Persons in Nigeria.…
SBP raises Rs75bn from Sukuk auction
The State Bank of Pakistan (SBP) has reported that the government raised billion through auction of the five-year Government of Pakistan Ijarah Sukuk on Thursday. The auction target for the…
Dubai Islamic Bank donates AED16 million to Zakat Fund projects
(MENAFN - Emirates News Agency (WAM)) ABU DHABI, 17th May, 2020 (WAM) -- The Dubai Islamic Bank donated AED16 million to the Zakat Fund, whose projects this year are being…