Tag archives for Islamic Finance Program
Egypt signs $1.1bn agreement with International Islamic Trade Finance Corporation
A worker gesturing for cars to move as others fill up a at a petrol station in Cairo, Egypt on June 29, 2017 January 14, 2021 at 7:00 am Egypt…
How Islamic Fintech Can Reduce Poverty and Unemployment in Nigeria – Abdul Majeed Muhammad
As Nigeria worries about the twin effects of poverty and unemployment, Islamic Fintech has seen it as an opportunity to provide solutions to these issues. Mr. AbdulMajeed Muhammad, Co-Founder Islamic…
Islamic Finance After COVID-19
The Islamic finance industry slowed down significantly in 2020 after experiencing a very strong 13% growth rate in ;Islamic financial institutions spent most of the year coping with the dual…
How Gulf countries compare globally for Islamic finance
Bahrain, the UAE and Saudi Arabia have ranked in the world’s top five Islamic finance economies, according to the latest annual Islamic Finance Development Indicator (IFDI). The kingdom, which has…
Global Islamic finance assets set to hit $3.69 trillion by 2024
Global Islamic finance assets are forecast to reach $ trillion by 2024, according to a report released by the Jeddah-based Islamic Development Bank. The Islamic Finance Development Report 2020 was…
World Bank lends Bosnia $65.3 mln to help pandemic-hit businesses
The World Bank said on Saturday it had approved a $ million loan to Bosnia to help the Balkan country’s micro, small and medium-sized enterprises withstand the coronavirus crisis. The…
Sharia finance – how Islamic products differ from traditional banking in Australia
For most Australians, the world of Islamic finance is a closed book however given that some estimates suggest that the sector has a growth rate of 15-20% and a total value of…
Long-term potential for Islamic finance remains promising post Covid-19 globally -Wahid
The long-term potential for Islamic finance remains promising globally in a post Covid-19 environment due to its principles of inclusivity and the potential to promote financial stability, said Bursa Malaysia…
Islamic Development Bank funded 258 projects in Egypt at LE11.64 billion cost, says Minister
Minister of Planning and Economic Development Hala al-Saeed on Saturday praised Egypt’s partnership with the Islamic Development Bank Group which over four decades, has funded 258 projects at a total…
Islamic Corporation for the Development of the Private Sector’s U.S.$600 Million Sukuk Offering
Bird & Bird has advised the Islamic Corporation for the Development of the Private Sector on the deal. The Sukuk are listed on the London Stock Exchange and Nasdaq Dubai…