Africa

E-Wallet eTijar Set to Tap Nigeria’s Nascent Islamic Finance Industry

eTijar is working on becoming a fully Shariah compliant ethical finance and wealth management fintech platform, targeting customers looking to invest ethically. “eTijar is a...

FG, Partners Complete N10bn Historic Corporate Sukuk Bond

The federal government and its partners in the private sector, under the auspices of Family Homes Funds Limited (FHFL), have completed the issuance of...

Asia and the Pacific

Indonesian Islamic Organization Says Crypto Is Forbidden for Muslims

The Indonesian Ulema Council, the country’s top Islamic scholar’s body, has officially deemed cryptocurrency as haram under Sharia law. The decision was made at the...

Bank Islam Wins Best New Sukuk Quasi-Sovereign Award

Bank Islam Malaysia Bhd clinched The Best New Sukuk Quasi-Sovereign Award at The Asset Triple A Award ceremony held virtually on Sept 15. In a...

Europe

Top British Financier Enters Bahrain to Target Islamic Tech Space

Stella Cox CBE, Islamic finance government lobbyist and head of DDCAP Group, has commended the “strong financial relationship” between Britain and the Gulf as...

Survey Predicts Global Green Bond Issuance to Pass $1 Tn Mark...

A survey by the Climate Bonds Initiative showed on Thursday investors’ expectations for the global green bond investment to double and reach $1 trillion...

Middle East and North Africa

Emirates Islamic’s Net Profits Reach $218.8m for First Nine Months of...

Emirates Islamic has reported a significant increase in net profits, reaching AED804 million ($218.8m) in the first nine months of 2021, driven by higher...

Bupa Arabia’s New LLC Opens Doors for New Islamic Insurtech Initiatives

The largest insurer in one of the world’s largest Shariah compliant insurance markets has secured a nod from the regulator to set up an...

North America

Bitcoin Eyes $60K as Active Entities Surge

Bitcoin’s rally looks to have legs as the ascent is backed by a pickup in blockchain activity and a long-term technical indicator that is...
Bitcoin Price Nears $9,000 as It Breaks Through Its Highest Level This Year

CoinDesk: Bitcoin Analysts Expect a Short-Squeeze

Bitcoin pulled back on Friday after rising nearly 10% earlier this week. The cryptocurrency was trading around $32,000 at press time and is up...

South America

Argentina’s Fintech Landscape Shows Strong Growth Despite Headwinds

Argentina’s booming fintech industry boasts over 300 companies that employ nearly 15,000 people. This year, the sector is expected to create more than 5,600...

Brazilian HR Startup Flash Raises $22M in a Tiger Global-Led Series...

Flash, a startup that has developed a flexible benefits platform for Brazilian companies and employees, has raised $22 million in a Series B round...