IsDB Issues $1.5bn Sukuk on Nasdaq Dubai to Support COVID-19 Initiatives
The Islamic Development Bank (IsDB), which is a multilateral development finance institution in Jeddah, Saudi Arabia, and is focused on Islamic finance, issued a...
There Are Now 127 Islamic Fintech Firms Globally, According to IFN...
IFN Islamic Fintech, a “one-stop-shop” for industry knowledge, networking and communication in the global Islamic financial technology space, revealed on June 26, 2020 that...
Islamic Finance Offers Progressive Option for Crises-Laden Global Economics
The system envisaged by Islam does not harm the link between the real sector and financial sector, which are often pitted against each other...
Saudi Raises $2.27Bln in Islamic Bonds – Finance Ministry
Saudi Arabia has raised 8.495 billion riyals ($2.27 billion) in Islamic bonds or sukuk, in June, the finance ministry said on Sunday.
According to a...
DGCX Partners with Albilad Capital to Provide Pricing Data for Recently...
The Dubai Gold and Commodities Exchange (DGCX) today announced that it has partnered with Albilad Capital to provide pricing data for the company’s recently...
MoneyGram, Digital Financial Tie Up for Firmer Footing in UAE
MoneyGram International, Inc. MGI has partnered with Digital Financial Services LLC, a joint venture between Etisalat and Noor Bank, a subsidiary of Dubai Islamic...