Archives for Islamic Microfinance - Page 2
Malta the Blockchain island announces Islamic Microfinance Products during Delta Summit
The Delta Summit in Malta brought together the blockchain community which is said to be the first kind of its sort given that Malta is the only jurisdiction in the world…
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…
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…
8th Global Islamic Microfinance Forum to be Held in Dubai – U.A.E.
Under the Theme of Financial Inclusion, FinTech, Outreach Strategies & Innovation Press Release (Dubai)): 8th Global Islamic Microfinance Forum (GIMF) will convene in Dubai – on 25th - 26th November,…
Islamic microfinance start-up sets up Sukuk on blockchain, targets SMEs, social impact projects
An Islamic microfinance start-up has launched what is believed to be the world’s first smart sukuk issued on a blockchain platform, which it hopes can channel greater liquidity to small-…
iSHRAQ*Microfinance named ‘Sharia-Compliant Microfinance Solution of the Year to the booming microfinance industry
Path Solutions is pleased to announce that Mohammed Kateeb, the company’s Group Chairman & CEO received the highly coveted recognition for ‘Gamechanger of the Year (Islamic Financial Technology)’, while the…
Ovamba links African firms, investors
"Ovamba more closely resembles what is known as “Islamic finance,” in which the concept of paying interest on a loan is prohibited." The world’s prevailing financial institutions - banks, credit…
Islamic Banking is Rapidly Growing Industry in Ethiopia: Zubair Mughal
Ethiopia is an important country of East Africa. Total population is 102 million and Muslims are 40% of it, which is major reason for the promotion of Islamic Banking. Ten…
IDB Seminar Calls for Sharia-based Multi-dimensional Development Indicators
A two-day seminar on Maqasid al-Shariah-based Index for Socio-Economic Development recently organized at the IDB Headquarters in Jeddah by the Islamic Research and Training Institute (IRTI) of the Islamic Development…
Philanthropist Donates SAR One billion for 75 Mobile Health Clinics to be Launched under IDB Supervision
Chairman of the Islamic Development Bank (IDB) Group, Dr. Ahmad Mohamed Ali, has praised a generous donation of SR one billion (US$ 267 million) by a philanthropist for 75 mobile…