Islamic finance

CDNS enters Islamic finance market

The National Directorate of National Savings (CDNS) has entered in the Islamic finance market in… Read More

New digital exchange seeks to host Islamic finance startups

NEW YORK: A new digital exchange aims to attract listings from sharia compliant financial technology… Read More

IMF to add Islamic finance to market surveillance in 2019

The International Monetary Fund (IMF)  will incorporate Islamic finance into its financial sector assessments of… Read More

External sharia audits gain traction in Islamic finance: study

KARACHI: External sharia audits are gaining support in Islamic finance as consumers and regulators seek… Read More

Pakistan approves sharia advisory board to boost Islamic finance

KARACHI: Pakistan’s securities commission has approved a four-member sharia advisory board to oversee Islamic financial… Read More

UAE banks discuss plan for centralised Islamic finance board

ABU DHABI: The United Arab Emirates' bank industry association has discussed a proposal to create… Read More

IDB puts Islamic finance on AIIB drawing board

SARAJEVO: The Islamic Development Bank (IDB) is in discussions with Chinese officials to study the… Read More

Islamic loan books shift towards profit-sharing in Indonesia, Pakistan

JAKARTA/ISLAMABAD: The make-up of Islamic banks' loan books is changing in Pakistan and Indonesia with… Read More

Bank Islami plans to buy KASB Bank for nominal fee

KARACHI: Bank Islami Pakistan, the country's second-largest full-fledged Islamic bank, said it would submit plans… Read More

Islamic finance body IFSB launches industry indicators

KUALA LUMPUR: The Islamic Financial Services Board (IFSB) has launched a databank of industry indicators… Read More

Dar pledges support for Islamic finance centre

KARACHI: Federal Finance Minister, Ishaq Dar on Wednesday expressed pleasure over the efforts being swiftly… Read More

ADB steps up Islamic finance efforts, eyes infrastructure

DUBAI: The Asian Development Bank (ADB) is stepping up efforts to assist member countries to… Read More

SBP extends FICF proposal submission deadline to March 5

ISLAMABAD: State Bank of Pakistan (SBP) on Wednesday extended the deadline for submission of proposals… Read More

Pakistan issues sukuk rules as corporate issuance revives

ISLAMABAD: Pakistan's capital market regulator has published long-awaited rules for the issuance of sukuk, or… Read More

Credit guarantees look to widen Islamic finance landscape

ISLAMABAD: Credit guarantees are gaining traction in Islamic finance, helping a wider range of firms… Read More

Islamic finance looks to outgrow bad habits as it expands

KARACHI: After a year of landmark deals which are opening new markets for Islamic finance,… Read More

Bank Islami plans capital-boosting sukuk

ISLAMABAD: Bank Islami Pakistan, the country's second largest full-fledged Islamic bank, plans to raise 3.5… Read More

SBP rolls out second media campaign to boost Islamic finance

ISLAMABAD: State Bank of Pakistan (SBP) is launching a second phase of a mass media campaign… Read More

After Western sukuk debuts, Islamic finance looks to emerging sovereigns

LONDON: This year's rush by top-rated non-Muslim countries to tap the burgeoning Islamic finance market… Read More

Bank Islami awaits final approval for 4.3bln rupee share issue

ISLAMABAD: Bank Islami Pakistan, the country's second largest full-fledged Islamic bank, is awaiting final regulatory… Read More