AlHuda CIBE: Mission to Strengthen Islamic Banking and Finance in West Africa
- 1 month 6 days ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics (CIBE) top management visited the heart of Francophone markets Senegal, Ivory Coast, Mauritania and Guinea. The key objective of the visit was to analyze, evaluate and understanding about financial markets, adoptability and scope for Islamic Finance Industry.
AlHuda CIBE Established Talent Acquisition Platform to Bridge the Islamic Finance Industry's Skill Gap
- 2 months 1 week ago
- Islamic Finance
AlHuda CIBE UAE, a leading Islamic Finance Advisory, consultancy, research, capacity building, and Shariah services provider institution, today announced the establishment of a dedicated Talent Acquisition Platform. This initiative aims to address the growing demand for qualified and Shariah-compliant human resources within the global Islamic finance industry.
Tuum x DDCAP ETHOS Announce Partnership to Provide a Pre-Integrated Fintech Solution for the Islamic Financial Market
- 2 months 3 weeks ago
- Islamic Finance
Tuum, a leading next-generation core banking provider, and DDCAP Group™ (DDCAP) have partnered to offer a pre-integrated fintech solution to enhance the end-to-end trade execution and processing of Sharia-compliant transactions.
MYTM and AlHuda CIBE Partner to Drive Global Expansion of Islamic FinTech
- 3 months 1 week ago
- Islamic Finance
In a momentous step for the future of Islamic FinTech, MYTM, a leading Islamic FinTech company, and AlHuda Centre of Islamic Banking and Economics (CIBE), a globally recognized service provider in Islamic finance, have signed a Memorandum of Understanding (MoU) today. The signing ceremony was graced by Dr. Sohail Zafar Cheema, Chairman of MYTM and former Minister of Commerce & Investment, and Mr. Muhammad Zubair Mughal, Chief Executive... more
Islamic Banking and Finance is Emerging in CIS Countries
- 3 months 3 weeks ago
- Islamic Finance
Islamic banking and finance is experiencing a surge in popularity within the Commonwealth of Independent States (CIS) region, presenting a significant new market for financial services. This was highlighted by a recent visit to Uzbekistan, Kyrgyzstan, and Azerbaijan by Mr. Muhammad Zubair, CEO of AlHuda Centre of Islamic Banking and Economics (CIBE), UAE a leading Islamic finance advisory and consultancy firm.
85% of Gen Z Muslims Want to Try Islamic Banking: New Research Reveals
- 3 months 3 weeks ago
- Islamic Finance
Halal Car Finance Platform, Ayan Capital, Launches in the UK
- 4 months 3 weeks ago
- Islamic Finance
Ayan Capital, the Islamic car finance platform for business, private hire vehicles (PHV) and public carriage office (PCO) drivers in the UK, has officially launched. Based in London, Ayan Capital allows drivers across the UK to access business car financing that is fully compliant with Shariah principles.
Offa Selects finova’s Apprivo Origination Platform to Power its Sharia-compliant Finance Products
- 6 months 2 weeks ago
- Islamic Finance
The UK’s first Sharia-compliant bridge finance provider, Offa, has partnered with cloud-based mortgage and savings provider finova to develop an innovative end-to-end digital platform to support its growing portfolio of property finance products. Offa’s new origination platform will be delivered by finova and its implementation partner Hexaware in the first half of 2024.
IsDBI Begins Development of Islamic Finance Knowledge Pavilion Marketplace
- 7 months 2 weeks ago
- Islamic Finance
The Islamic Development Bank Institute (IsDBI) has kicked off the development of the pioneering Islamic Finance Knowledge Pavilion Marketplace. The Pavilion will provide a digital marketplace of validated solution providers (institutions, consultants, and experts) in Islamic finance and economic development, and offer a one-stop shop for listing opportunities and seamless digital experience in the matchmaking of suppliers and customers.
Islamic Finance is Growing Tremendously in Central Asia: Zubair Mughal
- 9 months 1 day ago
- Islamic Finance
Islamic Finance, guided by Shariah principles, is a values-driven approach to investment that promotes justice and prohibits unethical, speculative, and usurious practices. It plays a pivotal role in supporting the real economy and boosting the global financial system's resilience. Since the war of the Soviet Union and the emergence of new nation-states in 1991, the Muslim-majority republics of Central Asia have witnessed the introduction of... more
Islamic Finance Seems Promising in Canada
- 9 months 2 weeks ago
- Islamic Finance
Canada is witnessing an increasing interest in Islamic finance, particularly in areas like housing finance, mortgage finance, and takaful (Islamic insurance) products. Some small level Islamic finance institutions in the Canadian market are offering the financial services that adhere to Sharia principles.
Islamic Banking & Finance Assets Have Grown to USD 4 Trillion: Zubair Mughal
- 10 months 1 week ago
- Islamic Finance
In an era where ethical and sustainable finance is gaining prominence on the global stage, the Islamic banking and finance industry has emerged as an icon of responsible financial practices. It has emerged as an effective tool for financing development worldwide, including in non-Muslim countries. Major financial markets are increasingly recognizing the potential of Islamic finance to help address the challenges of ending extreme poverty and... more
5th Global Takaful and Re-Takaful Forum will be hosted in Addis Ababa, Ethiopia
- 10 months 2 weeks ago
- Islamic Finance
5th Edition of Global Takaful and Re-takaful forum has been rescheduled to 23rd November 2023 in Addis Ababa, Ethiopia. The objective of this conference is to create awareness about takaful and its significance for the risk management of human life and financial institutions through Shariah legitimate modes. Takaful is a very important pillar for the development Islamic finance industry. AlHuda CIBE is playing an active role for the growth of... more
AlHuda CIBE is Committed to Strengthen the Islamic Finance Industry in Zimbabwe
- 10 months 4 weeks ago
- Islamic Finance
AlHuda Center of Islamic Banking & Economics (CIBE) and the Zimbabwe Association of Microfinance Institutions (ZAMFI) are pleased to announce their collaboration in hosting a specialized two-day training workshop on "Islamic Banking, Finance & Islamic Microfinance." The training is scheduled to take place on October 10th and 11th 2023, in Harare, Zimbabwe.
iDenfy Partners with Kestrl to Increase Conversions Through Automated KYC and PoA Checks
- 11 months 3 days ago
- Islamic Finance
iDenfy, a global RegTech startup offering AI-based identity verification and fraud prevention tools, announced partnering with Kestrl, a UK-based fintech company specializing in Islamic finance, empowering Muslims to build wealth in accordance with their faith principles. iDenfy’s ID verification, AML screening and PoA verification tools will help Kestrl stay compliant while ensuring efficient and simple customer onboarding.
