20th IsDB Global Forum: Industry discusses Islamic finance and sustainable prosperity
The event also saw the launch of a new report titled "Islamic Finance in Azerbaijan: Breaking New Ground", jointly produced by IsDBI and ITFC...
Tag : Islamic Finance
Islamic Development Bank approves USD 746.2 million loan for Uganda’s railway project
Uganda is raising funds for the 2.7-billion-euro project, which has already won backing from lenders including the World Bank and the African Development Bank...
KFH Capital: Leading MENA’s green sukuk and digital innovation efforts
Between 2024 and 2025, KFH Capital played active roles across six sustainable transactions in Kuwait, Qatar, and the UAE, totalling USD 3.8 billion...
Shariah-compliant stablecoin PUSD to be deployed at ADI Chain
PUSD holds approximately USD 2.3 billion in circulating supply. Each token is backed 1:1 by reserves held in Saudi riyals and UAE dirhams...
Iran war presses the requirement for Islamic derivatives, says Fitch
Key barriers to the wider adoption of Islamic derivatives include sharia restrictions, infrastructure gaps and OIC's still-evolving financial systems...
Turkey to merge its state-owned Islamic banks, announces Erdogan
Ziraat Katilim, Vakıf Katilim, and Halk Katilim banks would be consolidated, with the goal of creating "significant synergy" in the Islamic financial sector...
Philippines’ contribution in ASEAN’s Islamic finance market remains small, says Fitch
As per the Fitch, Islamic banking assets in the Philippines amounted to just USD 44 million as of end-2025...
Oman’s Islamic banking reorients itself to financing “Vision 2040” tasks
As per Hussain al Lawati, CEO of the Development Bank, Islamic finance in Oman has transformed from a late entrant into a substantial component of the Sultanate’s banking system...
Uganda to take sukuk route for financing railway project
Export credit agencies are expected to provide 60% of the project financing, while development finance institutions would contribute the remaining 25%...
Islamic finance to witness growth slowdown in 2026, says S&P Global
As per the S&P Global, the Islamic finance industry is undergoing a high degree of unpredictability regarding the duration and scope of the Iran war...