Why Non-Muslims Are Converting to Sharia Finance
The halal restaurants established by Muslim migrants in Britain quickly inspired an almost religious following among non-believers. Now a similar conversion may be under way...
Kuwait International Bank Achieves KD 15.5 Million Net Profit for 9...
Kuwait International Bank (KIB) reported a net profit of KD 15.5 million attributable to the shareholders for the nine months ended Sept 30, 2018...
Egypt Plans to Issue International Sovereign Sukuk in 2019-2020
Egypt plans to issue its first international sovereign sukuk, or Islamic bonds, in the 2019-2020 financial year, Finance Minister Mohamed Maait told Reuters on...
Muzn Islamic Banking Promotes Quality Education Through Education Finance
Muzn Islamic Banking recently launched its Muzn Education Finance to assist aspiring individuals to achieve their educational goals. An affordable and Shariah compliant product,...
Dubai-Listed Tabreed Hires Banks for Dollar Sukuk
Dubai-listed National Central Cooling Co (Tabreed) has hired banks to arrange fixed income meetings ahead of a planned sale of U.S. dollar-denominated sukuk, or...
NIOC Will Issue Manfa’ah Sukuk to Fund Projects
Head of the National Iranian Oil Company (NIOC) said it will issue Islamic debt security Manfa’ah sukuk on the stock market by early next...