Islamic Finance Archives - Page 2 of 3

Startup impact: Is MENA the next Silicon Valley?

WebAdminJanuary 6, 2023

by WebAdminJanuary 6, 2023

In January 2022, Saudi Arabia financial company Foodics acquired food tech startup POSRocket...

Affluent investors in Middle East focus on Islamic & sustainable investments

WebAdminDecember 2, 2022

by WebAdminDecember 2, 2022

Lombard Odier surveyed some 300 High-Net-Worth Individuals in the Middle East and the majority of the participants were under 40...

Islamic Finance sector sees bright future in cryptocurrencies and metaverse

Prajwal WeleOctober 5, 2022October 4, 2022

by Prajwal WeleOctober 5, 2022October 4, 2022

According to the research, significant regulatory changes have persuaded professionals to take a closer look at cryptocurrencies and digital assets...

Islamic bonds see growth amid oil price surge

IFM CorrespondentApril 4, 2022April 4, 2022

by IFM CorrespondentApril 4, 2022April 4, 2022

High oil prices are a key driver of this growth of Sukuk....

CapBay nets $7 mn to grow its Shariah-compliant supply chain finance arm

IFM CorrespondentDecember 20, 2021

by IFM CorrespondentDecember 20, 2021

The funding round was led by Kenanga Capital Islamic, a subsidiary of Kenanga Investment Bank...

UAE Islamic banks record 5% increase in assets in 2020: Central Bank

WebAdminJune 21, 2021June 21, 2021

by WebAdminJune 21, 2021June 21, 2021

The investment represents around 19% of the total banking assets...

Indonesia lists three sukuk valued at $3 bn on NASDAQ Dubai to fund socio-economic development

WebAdminJune 18, 2021

by WebAdminJune 18, 2021

The listing comes with a 10-year issuance of $1.25 bn and two issuances of $750 mm each, bringing Indonesia’s total value of listed sukuk to $19.75 bn...