Islamic Finance Archives - International Finance

S&P, FTSE reports bring cheers for UAE as Islamic Finance witnesses further growth

IFM CorrespondentNovember 5, 2024

by IFM CorrespondentNovember 5, 2024

Dr. Mohamed Damak stated that S&P expects the Islamic Finance sector to grow at a high single-digit rate through 2024 and 2025, fuelled by financing needs in key countries...

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Our clients’ financial well-being is important: Absa Islamic Banking Head Shaheen Suliman

IFM CorrespondentOctober 1, 2024October 1, 2024

by IFM CorrespondentOctober 1, 2024October 1, 2024

Absa Islamic Banking was recently recognised as the 'Best Islamic Banking Window - South Africa' for 2024...

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Islamic Development Bank maintains AAA rating, sharpens focus on sustainable activities

IFM CorrespondentAugust 6, 2024August 5, 2024

by IFM CorrespondentAugust 6, 2024August 5, 2024

IsDB, a multilateral development finance institution headquartered in Jeddah, was established in 1973 with a primary concentration on Islamic Finance for infrastructure development...

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Islamic Finance assets grew by 3.3% in 2023 in Qatar: Report

IFM CorrespondentJune 18, 2024June 17, 2024

by IFM CorrespondentJune 18, 2024June 17, 2024

The aforementioned will make it possible to forecast the future of Islamic Finance and direct it in a way that will support its goals of social sustainability and development...

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Hejaz Group: Pioneer of Islamic Finance in Australia

IFM CorrespondentMay 8, 2024

by IFM CorrespondentMay 8, 2024

Hejaz Group's incredible growth in the arena of Sharia-compliant home financing has not gone unnoticed...

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Malaysia’s assent as Islamic Banking Powerhouse: Meet the ventures leading the charge

IFM CorrespondentApril 10, 2024

by IFM CorrespondentApril 10, 2024

In January 2024, Maybank Islamic Berhad launched the Shariah-compliant portfolio financing solution, thereby becoming the first Malaysia-based Islamic bank to do so...

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Start-up of the Week: Meet Orpheus, Malaysia’s ‘Social Impact Sharia Compliant’ venture

IFM CorrespondentMarch 6, 2024

by IFM CorrespondentMarch 6, 2024

Orpheus believes in its clients taking back control of their cash flow management...

Banking and Finance Magazine

Islamic Finance: Pioneering Ethical Banking

IFM CorrespondentDecember 29, 2023January 8, 2024

by IFM CorrespondentDecember 29, 2023January 8, 2024

Ethical banking and Islamic finance acknowledge the value of interacting with stakeholders, such as clients, investors, and the community...

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Experts bat for ‘Scientific Approach’ to deal with sukuk risks

IFM CorrespondentOctober 12, 2023October 11, 2023

by IFM CorrespondentOctober 12, 2023October 11, 2023

To expand industrial and green financing projects, participants also emphasized the importance of creating cooperation agreements with organizations that support and oversee sukuk...

Featured Markets

UAE’s debt capital market projected to reach USD 300 billion by 2030: Fitch Ratings

IFM CorrespondentSeptember 19, 2023September 18, 2023

by IFM CorrespondentSeptember 19, 2023September 18, 2023

Fitch Ratings observed that its forecast for UAE's DCM market is backed by the fact that banks are important debt investors and are demonstrating decent liquidity as well as solid deposit growth...