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Islamic Finance

Mekyal Announces Shari’a Compliance Certification for its Crowd-funding Sukuk Model

Mekyal Announces Shari’a Compliance Certification for its Crowd-funding Sukuk Model In a significant development to Saudi based fintechs, Mekyal Financial Technologies Company is thrilled to announce that it has received Sharia compliance certification from the Shariyah Review Bureau (SRB) for its Sukuk issuance platform. This certification marks a critical milestone for Mekyal, aligning its innovative offerings with Sharia principles and enabling investors to finance small...

Global Islamic finance assets expected to exceed $6.7 trillion by 2027

Global Islamic finance assets expected to exceed $6.7 trillion by 2027 by Shaima Hasan, Senior Proposition Manger, LSEG Shereen Mohamed, Senior Research Analyst, LSEG  LSEG: Islamic Finance Victory: Work hard in silence, let your success be your noise. The global Islamic finance industry has increased its assets size by 11% to US$4.5 trillion in 2022, according to the recent ICD -LSEG Islamic Finance Development Report 2023. In the...
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UAE takes lead to set up unified legislative framework in Islamic finance

UAE takes lead to set up unified legislative framework in Islamic finance The UAE has launched an initiative to create a unified global legal and...

New gold-based, Sharia-compliant cryptocurren

New gold-based, Sharia-compliant cryptocurren The Golden M Group has announced that COIN M, a new gold-based, Sharia-compliant cryptocurrency, is expected to enter the United Arab...

Is it possible for an Islamic bank to integrate responsible finance practices?

Is it possible for an Islamic bank to integrate responsible finance practices? The RFI Foundation is excited to announce the release of an in-depth case...

Industry Stalwarts set to headline world’s most influential Takaful & InsurTech Forum

Industry Stalwarts set to headline world’s most influential Takaful & InsurTech Forum Middle East Global Advisors, a leading financial intelligence platform facilitating the development of...

Global Summit in Abu Dhabi will focus on how to improve risk management

Global Summit in Abu Dhabi will focus on how to improve risk management and provide scale for responsible finance in the MENA region The RFI Summit...

Palestine Islamic Bank selects Temenos Software to power its digital banking transformation

Palestine Islamic Bank selects Temenos Software to power its digital banking transformation Temenos (SIX: TEMN) (www.Temenos.com), the banking software company, today announced that Palestine Islamic...

25th World Islamic Banking Conference

25th World Islamic Banking Conference Announces 4th Series of WIBC Leaderboard to Foster Global Islamic Banking Top performing Islamic Financial Institutions from Bahrain, Egypt, Indonesia,...

International Islamic Trade Finance Corporation announces major trade initiatives at 2018

International Islamic Trade Finance Corporation (ITFC) announces major trade initiatives at 2018 Rebranding Africa Forum The first announcement was for a US$1.5 Billion Framework Agreement...

How Islamic financial institutions are addressing the environmental & social impact of their financing

New report highlights how Islamic financial institutions are addressing the environmental & social impact of their financing Islamic financial institutions surveyed by RFI view a...

Industry Stalwarts set to headline the 24th World Islamic Banking Conference

Industry Stalwarts set to headline the 24th World Islamic Banking Conference   -Key highlights at the 24th WIBC include: Keynote Speeches, CEO Power Debate, Digital...

Islamic Finance Promoting Connectivity for Sustainable Development

Islamic Finance Promoting Connectivity for Sustainable Development The event was chaired by Eng. Hani Salem Sonbol, CEO of the International Islamic Trade Finance Corporation (ITFC),...

Islamic Development Bank Group (“IDB”) cooperates with Coris Bank International

ICD, the private sector arm of the Islamic Development Bank Group (“IDB”) cooperates with Coris Bank International to launch Islamic windows Through this collaboration, ICD...