Africa

FBNQuest Merchant Bank Awarded Best Sukuk House

FBNQuest Merchant Bank, the investment banking and asset management subsidiary of FBN Holdings Plc, has emerged a winner in the Best Sukuk House category,...

FNB Launches Islamic Finance Facility as Demand for Shari’ah Compliant Import...

First National Bank said it had launched trade finance as part of its Islamic banking product suite, amidst growing demand for Shari’ah compliant import...

Asia and the Pacific

Emerging Phenomenon of Islamic Banking in CIS Countries

Islamic banking and finance total volume has crossed $2.6 trillion globally. The growth of the Islamic banking and finance volume in different continents and...

Hero Arm, Azure Power to Raise $1 Bn from Bond Sale

Hero Group’s renewable energy arm and NYSE-listed Azure Power are gearing up to raise $1 billion by selling bonds to overseas investors over the...

Europe

When Islamic Financing May Be Introduced in Azerbaijan?

Islamic Financial Advisory Services (IFAS) company will complete studies on exploring the possibility of introducing Islamic financing principles in Azerbaijan by the end of...

Qintar: The First Sharia-Compliant Token Launched

Qintar Capital Switzerland and ISL-Blockchain Sàrl, two Swiss companies specializing in Islamic Finance, announce the upcoming launch of Qintar – the world’s first Sharia-compliant...

Middle East and North Africa

Emirates Islamic Says First to Launch WhatsApp Banking Services

Emirates Islamic has announced the launch of chat banking services for customers via WhatsApp, marking a global first in the Islamic banking sector. The bank...

KFH to Participate in Role of Private Sector in the Future...

Kuwait Finance House (KFH) announced that it will be participating in “The Role of the Private Sector in the Future of the Kuwaiti Economy”...

North America

American Water’s Edward Vallejo to Participate in P3 Water Summit

American Water (NYSE: AWK), the nation’s largest publicly traded water and wastewater utility company, today announced Edward Vallejo, vice president, Investor Relations will participate...

HSBC and Walmart Develop Sustainable Supply Chain Finance Programme

HSBC and Walmart have announced a partnership to develop a supply chain finance programme which will take into account the sustainability performance of suppliers. This...

South America

National University of Columbia Joins Blockchain Global Consortium for Science

The National University of Columbia is joining the global blockchain consortium for science dubbed Bloxberg, Mauricio Tovar Gutiérrez, co-director of the research group at...

Suriname, Guyana Seek Islamic Funding for Development

Amid growing popularity of Islamic finance in parts of South America, two small nations in the north of the continent with a relatively sizeable...