The report further outlines a forward-looking set of policy priorities to address these limitations and unlock the potential growth of Islamic finance. It calls for coordinated action among regulators ...

New UAE strategy aims to double sukuk and banking assets, boosting Islamic finance clout The number of top-tier sovereign and corporate issues in the Gulf's Sukuk space are many. They offer some ...

India on Tuesday slammed the Organisation of Islamic Cooperation (OIC) for refusing to recognise cross-border linkages to the Pahalgam terror attack and described its ...

The Derry Township Planning Commission has recommended that a project proposed by the Hershey Islamic Center be approved. The Hershey Islamic Center is planning to build a 47,944-square-foot ...

Steady Returns: Technology delivers increased profit, efficiency, and client traction. Following a strong performance in the prior year, Islamic financial institutions (IFIs) recorded a steady 2024, ...

While Islamic banking is expanding despite the governance problems of some lenders led by the controversial S Alam Group, Bangladesh Bank Governor Ahsan H Mansur recently signalled that the ...

With the passing of Pope Francis, the world is reflecting on a pontificate marked by bold outreaches, including to the Islamic world, which was rooted in fraternity, humility, and a deep ...

During a terror attack in Pahalgam, Assam University professor Debasish Bhattacharya, well-versed in Islamic scripture, recited the kalma when a gunman held him at ...

ISLAMABAD -- Pakistan's transition to Islamic banking will head in a similar direction to that of Malaysia's, and the shift will be well supported by banks and customers, Muhammad Nassir Salim ...

Strong banking and sukuk industry performance led to 10.6% growth for the global Islamic finance industry in 2024, with total sukuk outstanding surpassing $1 trillion for the first time, according to ...

The UAE has emerged as a global hub for Islamic finance over the past five decades, marking a significant transformation in the financial landscape of the region and beyond. The growing sector ...