Abhi Becomes MENAP’s First Fintech to Issue Islamic Bonds
- 1 year 6 months ago
- Fundraising News, Islamic Finance
ABHI, a growing embedded finance platform in the MENAP region, announces it has made history by issuing Islamic bonds worth PKR 2 billion (US$7.1 million). The bond issue is a significant milestone for both ABHI, and the region, as no other Fintech in the region has successfully achieved this before.
AlHuda CIBE and Aman Academy Egypt will Collaborate to Advance Islamic Banking in Egypt
- 1 year 6 months ago
- Islamic Finance
Learning Partnership Agreement between Aman Academy and AlHuda Centre of Islamic Banking and Economics (CIBE) has been inked. The Agreement was signed by Mr. Muhammad Zubair Mughal, CEO of AlHuda-CIBE and Mr. Osama Hegazy, Talent Development Manager of Aman Academy Egypt.
Boubyan Bank Implementing MX.3 for Sharia-Compliant Treasury Activity Using MXGO
- 1 year 6 months ago
- Islamic Finance
Murex, the global leader in trading, risk and processing solutions for capital markets, is pleased to announce that Boubyan Bank, a leading Kuwait-based Islamic financial institution, is implementing MX.3 for Islamic Finance for its Sharia-compliant treasury activity using MXGO.
Paymentology Powers Nomo, The First Digital Sharia-Compliant International Bank
- 1 year 7 months ago
- Islamic Finance
Paymentology, the leading global issuer-processor, today announces a strategic partnership with Nomo Bank (Nomo), the world’s first fully digital Sharia-compliant cross-border bank.
Alif Records Over 121% Year-on-year Growth, User Numbers Rise to 1.5 Million
- 1 year 7 months ago
- Islamic Finance
Alif, a renowned Islamic fintech and neobank based in Central Asia, has recorded over 121% year-on-year growth. Operating as a fully licensed bank in Tajikistan and an e-commerce and fintech company in Uzbekistan, Alif’s total number of users has surpassed 1.5 million, with a 72% annual increase in customer numbers alone in 2022.
African Islamic Finance Awards Distribution Ceremony will be Held in the Gambia
- 1 year 8 months ago
- Islamic Finance
African Islamic Finance Awards distribution ceremony will be held along with 10th African Islamic Finance Summit which is scheduled on 3rd May 2023 in Sir Dawda Kairaba Jawara International Conference Center, The Gambia with the Theme, lets encourage the African Islamic Banking and Takaful Industry. AlHuda Centre of Islamic Banking and Economics (CIBE) is organizing Africa Islamic Finance Awards. Africa is the world’s second-largest and most... more
Gatehouse Bank Named UK’s Most Innovative and Best Islamic Bank
- 1 year 8 months ago
- Islamic Finance
Gatehouse Bank has been named the ‘Best Islamic Bank in the United Kingdom’ and the ‘Most Innovative Bank in the United Kingdom’. The Shariah-compliant challenger Bank was given the accolades by the international media group, Islamic Finance News (IFN), following a record number of votes in its most recent Best Banks Poll – Country, which honours outstanding Islamic banks in key financial markets.
3rd CIS Islamic Banking and Finance Forum Successfully Concluded in Tashkent – Uzbekistan Under the Theme of CIS is the New Destination for Islamic Finance
- 1 year 8 months ago
- Islamic Finance
CIS Islamic Banking and Finance Forum was successfully concluded at Hyatt Regency, Tashkent, Uzbekistan. The aim of the forum was to discuss the potential of Islamic finance in CIS countries, financial inclusion through FinTech, Sukuk, Takaful and Islamic capital markets by gathering stakeholders under one roof. Distinguished Speakers and industry experts from well-serving organizations related to Islamic banking and finance, Islamic insurance (... more
Alif Moliya Uzbekistan Won CIS Islamic Finance Award for Innovative Products
- 1 year 8 months ago
- Islamic Finance
“CIS Islamic Banking and Finance Awards – 2023” distribution ceremony was held in Uzbekistan on 14th March, 2023 at the occasion of 3rd CIS Islamic Banking and Finance Forum organized by Al-Huda CIBE at Hyatt Regency, Tashkent, Uzbekistan. Delegates from various countries participated in the forum. Many applicants have applied for the different categories. After scrutiny and evaluation by the designated award committee, Alif Moliya Uzbekistan... more
Saturna Sdn Bhd Launches Innovative Digital Platform For Shariah-Compliant Investments
- 1 year 9 months ago
- Islamic Finance
Saturna Sdn Bhd, a leading shariah-compliant financial services firm, today officially launched its digital platform to help investors grow their wealth ethically and securely.
3rd CIS Islamic Banking and Finance Forum to Be Held in Uzbekistan
- 1 year 9 months ago
- Islamic Finance
3rd CIS Islamic Banking and Finance Forum will be held in Tashkent -Uzbekistan on March 14, 2023, with the theme to explore the untapped potential of Islamic Finance market of CIS countries and to adopt the latest trends, address the challenges and discover the new opportunities in Islamic financial industry of Central Asia. AlHuda CIBE is organizing the 3rd CIS Forum with the support of Uzbekistan Banking Association (UBA).
10th African Islamic Finance Summit will be Hosted in the Smiling Coast of West Africa, the Gambia
- 1 year 10 months ago
- Islamic Finance
10th African Islamic Finance Summit (AIFS) will be held in The Sir Dawda Kairaba Jawara International Conference Center, The Gambia on 22nd February 2022 with two-days post event workshop. The main objective of this event is to designate the significance of Islamic finance, its sustainability, impact on economy and society and opportunities for Africa. West Africa is the emerging market for Islamic Banking and Finance, Anglophone countries... more
AlHuda CIBE Successfully Organized Training on Islamic Microfinance
- 1 year 11 months ago
- Islamic Finance
The One Day Specialized Training Workshop on Basics of Islamic Microfinance organized by AlHuda Centre of Islamic Banking and Economics was successfully concluded at Grand Millennium Hotel, Lahore on December 21, 2022. The purpose of the training was to promote and strengthen the knowledge of Islamic Microfinance organizations.
AlHuda CIBE is Organizing a Practical Learning Drive for Takaful Industry
- 1 year 11 months ago
- Islamic Finance
AlHuda Centre of Islamic Banking and Economics, a leading name in Islamic finance industry for institutional set-up, capacity building, and global networking is going to organize an exposure visit for Takaful industry in the hub of Islamic finance industry Malaysia.
ICSFS Participates at the Second Uzbekistan Economic Forum
- 1 year 11 months ago
- Islamic Finance
ICS Financial Systems Ltd – ICSFS, the global software and services provider for banks and financial institutions, has participated in the Uzbekistan Economic Forum 2022. Hosted by the Uzbekistani Government, with the support of the World Bank and Asian Development Bank (ADB); the forum was held in the historic city of Samarkand on the 2nd and 3rd of November, 2022.
