This is just the digital beginning

The fintech nomenclature is applied to any technology that has a transformative effect on organisations and processes in the financial sector. Contrary to popular belief, it is not conceptually owned by the start-up community, or defined only by the emergence of new models such as the sharing economy, and technologies such as artificial intelligence (AI), […]

Read More

Blockchain And Islamic Banking Are Working Together, And Everyone Stands To Benefit

More and more banks in the Islamic world — a community of nearly 2 billion people worldwide — are adopting blockchain technology and cryptocurrency. As early as 2016, major Islamic banks such as ICICI Bank and Emirates NBD began researching blockchain’s capabilities to reduce transactional costs, according to Coindesk. In 2017, the UAE’s Emirates Islamic became the first Islamic bank […]

Read More

Gov’t eyes Islamic financing for Mindanao projects

By ANTONIO L. COLINA IV  -DAVAO CITY (MindaNews / 11 July) – The government is planning to tap Islamic financing called “Sukuk” to fund big-ticket projects in Mindanao through the state-owned Al Amanah Islamic Bank, an official of the Mindanao Development Authority (MinDA) said. MinDA executive deputy director Romeo Montenegro told “Wednesdays at Habi at Kape” that […]

Read More

Bahrain Islamic Bank (BisB) appoints a New Head of Compliance and Governance

, Bahrain: In line with its strategic aim to continue to retain talent and develop a world class Management Team, Bahrain Islamic Bank (BisB), the leading provider of Sharia compliant integrated financial solutions in the Kingdom of Bahrain, recently announced the appointment of Mr. Mazar Rashid Jalal as the new General Manager(GM) to lead the Compliance and […]

Read More

All set for BOU to issue Islamic banking licenses 

All set for BOU to issue Islamic banking licenses By Samuel Sanya Bank of Uganda (BOU) has finalised the Islamic banking regulations following the amendment of the financial institutions act. The new form of banking is expected to lead to increased investment in Uganda’s financial sector from numerous Islamic Banks that provide commercial services free […]

Read More

Bahrain bond-sukuk spread balloons as investors disagree on credit outlook

The price gap between Bahrain’s U.S. dollar conventional and Islamic bonds has widened to record levels By Davide Barbuscia, Reuters News DUBAI – The price gap between Bahrain’s U.S. dollar conventional and Islamic bonds has widened to record levels, indicating a sharp disagreement between global investors and regional institutions over the country’s ability to avoid a […]

Read More

CBI launches Islamic financing in Senegal

DAKAR, Senegal — With the full financial support of the International Islamic Trade Finance Corporation (ITFC) (www.ITFC-idb.org), member of the Islamic Development Bank Group (IsDB), Coris Bank International (CBI), a leading bank in West Africa, headquartered in Burkina Faso, has recently launched a range of Islamic financing solutions and products under its Islamic window called “Coris […]

Read More

Appointments: Islamic Bank appoints COO; new corporate finance partner at Smith & Williamson

Birmingham based Al Rayan Bank, which is the oldest and largest Sharia compliant bank in the UK, has appointed Paul McMillan as its new chief operating officer. Al Rayan, which was established in 2004, provides Sharia compliant savings, finance and current account services to over 80,000 personal, business and premier customers. Mc Millan has over […]

Read More

Bahrain Islamic bank relaunches premium banking services

Bahrain Islamic bank relaunches premium banking services Bahrain Islamic Bank (BisB) has announced the relaunch of its Al Thuraya Premium Banking Services with a selection of new unique features tailored to cater to the needs of high net worth individuals. These include dedicated relationship manager, access to preferential rates on deposit and financing, priority in […]

Read More
Page 5 of 8« First...34567...Last »