Archives for Islamic Microfinance - Page 3
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-…
Nigeria and South African Startups Shine in the List of 10 Startups Selected for SBC Afritech 2018- Nigerian based Bankly Technologies for Savings One of Them
Startupbootcamp (SBC) AfriTech gave a list of 10 startups that it shortlisted to take part in its 2018 cohort all have “market-ready” solutions. According to the CEO of SBC, Philip…
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…
Hard times pushing micro-entrepreneurs to save – study
Hard times are forcing local micro-entrepreneurs into the habit of saving, according to a new study which found that 90 per cent of the 202 respondents put away cash on…
Saving the micro-finance banking sector
The recent approval of the liquidation of 83 micro-finance banks (MFBs) by the Central Bank of Nigeria (CBN) is bad news from the banking sector. It is worrisome that as…
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…