Tag archives for Islamic Banking
IsDB Group Commits US$ 1.2 Billion to Support Post-Pandemic Recovery
Tashkent, Uzbekistan – 4 September 2021 – The Islamic Development Bank (IsDB) Group, the AAA-rated multilateral development bank of the Muslim world, has announced US$ billion in funding commitments as…
Islamic Banking Industry has experienced healthy progress: Tarin
Federal Minister for Finance and Revenue, Shaukat Tarin, said that the Islamic Banking Industry has experienced healthy progress over the years and the time has come to contemplate upon the…
Islamic Development Bank (IsDB) Group Private Sector Institutions to Host the Private Sector Forum 2021
The private sector institutions of the Islamic Development Bank (IsDB) Group () will organize the “Private Sector Forum” on September 2, 2021, in Tashkent City Congress Hall, Tashkent – the…
SAMA launches Islamic finance research support program
The Saudi Central Bank (SAMA) announces the launching of the Islamic finance research support program to support researchers in the Kingdom of Saudi Arabia and abroad, and to advance and…
MSMEs and finance as a binding constraintMSMEs and finance as a binding constraint
Small, medium and microenterprise sector (MSMEs) is of immense importance especially for emerging markets like Pakistan, contributing more than 50% to the GDP of the country and employing around 72%…
Agriculture credit target missed by banks in FY21
KARACHI: Although the banking industry missed the agriculture credit target for FY21, it disbursed 12 per cent more loans year-on-year despite challenges posed by the Covid-19 pandemic and climate change.…
Fintech For Good With Zakat in Islamic Finance
As The Fintech Times looks at fintech for good as its theme, Islamic Finance comes into the picture and the role it has across the world – from the Middle East and…
Russian, Islamic world economic gathering ends in Kazan
A mega international economic gathering of the Kazan Summit 2021 ended on Friday in the capital of Russia's republic of three-day event, of which Anadolu Agency was the global communication partner,…
Islamic social finance has a bigger humanitarian role
Hundreds of financial institutions are involved in Shariah-compliant transactions, making Islamic finance an established and recognized industry around the world. Its assets were estimated at $ trillion in 2019 and…
ICS Financial Systems is shaping the Islamic bank of the future
ICS Financial Systems is recognized worldwide for its digital innovation and its Shariah-compliant software is extending both its customer and client base. Highly agile and equipped to manage complex regulations,…